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Democratic Presidential candidate Bernie Sanders channels his inner Ron Paul

Former Congressman and Presidential candidate Ron Paul was known primarily for his movement within the financial and political realms, and it involved a crusade to both audit and end the Federal Reserve bank.  And while his tireless efforts led to a miniscule audit of the private central bank which revealed how it had bailed out domestic and foreign banks, as well as many multi-national corporations, the en ...

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58 FACTS ABOUT THE U.S. ECONOMY FROM 2015 THAT ARE ALMOST TOO CRAZY TO BELIEVE

The world didn’t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the U.S. economy. This year the middle class continued to deteriorate, more Americans than ever found themselves living in poverty, and the debt bubble that we are living in expanded to absolutely ridiculous proportions. Toward the end of the year, a new global financial crisis erupted, and it t ...

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Is Canada the first domino to fall in the new Great Depression?

Interesting things have happened 18 months after oil prices fell off a cliff to hover down around $35 per barrel, with the deflationary environment that now permeates the global economy just a microcosm of the overall problems that signal the world entering into a new Great Depression.  And besides currency wars, trade wars, and escalating hot wars that are the norm across the world today, one economy may b ...

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U.S. lowers tax barriers to allow foreigners to buy more property and investments

Since the 1990's, central bank policy has been to create monetary environments that build financial bubbles to make the economy look much better than it actually is.  And just as we recently saw where Fannie Mae is engineering a modified resurrection of sub-prime lending to boost the current housing bubble even further, the government is also jumping on the bandwagon by lowering a 35 year old tax rule that ...

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Everyone rushing to dump U.S. dollars as October sees decline of almost $150 billion

A new report came out on Dec. 15 from the U.S. Treasury Department showing the overall foreign holdings of U.S. Treasuries and dollar based reserve instruments.  And for the month of October, nearly $150 billion was divested from global accounts, and marks the biggest dumping of dollars in any month of this year. A combination of the acceptance and expansion of the Yuan currency, and the need for nations to ...

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The last time the Fed raised rates, credit markets collapsed and the economy went into recession

As the entire global economy waits with baited breath for the Federal Reserve's rate announcement in a few hours, analysts are looking backward to what occurred in 2006 when the central bank last raised rates.  And interesting enough, the results were not good for anyone. Greenspan used rate hikes between 2004 until June of 2006 to qualify his 'irrational exuberance' mantra as the housing bubble would reach ...

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Are foreigners moving into the safety of the dollar, or are they dumping it?

Over the past four months, it is estimated that China alone has dumped over $300 billion in their dollar based reserves, signalling a trend in which the Far Eastern economy is now using their treasuries to protect their own slowing economic conditions.  And with Japan, Europe, and the emerging markets all showing signs of recession rather than growth, one has to ask if the dollar's strength is actually base ...

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Oil falls below $35 a barrel while natural gas drops to lowest level since 2002

Energy prices are not simply barometers of inflation and deflation, but they are also red flags that point towards recession in ways few other indicators can.  And when you couple the current declines in oil and natural gas with highs in inventories worldwide, the result is that the global economy is slowing way down, and no amount of hyperbole from the mainstream media can change this. A few weeks ago, Dr. ...

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As China goes after SWIFT and London Gold Fix markets, Russia prepares to go after Brent and WTI

There is an old axiom that goes, if you can't beat em, join em.  And for Eastern powers such as China and Russia, they are taking this adage one step further by implementing a policy of, if you don't want to join em, create duplicate market mechanisms and replace em. Over the course of 2015 China has done just this with their new economic policies of bringing online a new SWIFT type system (CIPS), joining t ...

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Since the dollar left the gold standard in 1971, the U.S. has lost nearly 20% from the ranks of the middle class

The power to print money is the power to move wealth in whatever direction a bank, institution, or agency chooses.  By increasing a money supply, you move wealth upwards towards a small group of individuals that are financially and politically set to reap the benefits of asset price inflation.  And likewise, if you decrease that same supply of money, you tend to move wealth downward as asset prices sharply ...

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China dumps more dollars, holds reserves at lowest level in nearly three years

As China continues to prepare and expand the Yuan for full internationalization, there is less and less need for them to hold massive amounts of dollars as a reserve for their financial system.  And while the Chinese central bank has rightly chosen not to dump their treasuries onto the market in one massive sale, their slow dissolution of their dollar reserves has the country holding the fewest it has held ...

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Germany and the ECB turn Greece into new Weimar Republic

In the 1920's, the combination of Germany's defeat in World War I, and the impressed war reparations put upon them by the allied leaders, led the European power to enter a phase of hyper-inflation the world had rarely seen up until that time.  And the economic devastation was so great, it not only led to the rise of a brutal dictator, but is also used today as an adjective to describe monetary systems that ...

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