47 Statistics That Indicate That Economic Stress Points In 2011 Could Be Setting The Stage For A Global Economic Meltdown In 2012

Is the world approaching a devastating global economic meltdown?  Right now there are a large number of factors that are creating economic stress points all over the globe.  All of the crazy money printing that the Federal Reserve and other central banks have been doing is putting inflationary pressure on agricultural commodities, oil and precious metals.  Massive floods, horrific droughts and extreme weather patterns all over the globe are ruining crops and creating food shortages.  Some nations are now actually hoarding food, and in other nations rising prices have sparked food riots.  The price of oil has been moving back towards $100 a barrel, and if it stays at a high level for an extended period of time that is going to have very serious consequences for the global economy.  In addition, the growing sovereign debt crisis could erupt again at any time.  Half a dozen nations in Europe are on the verge of insolvency, Japan’s national debt is now well over 200 percent of GDP, and the global financial system is growing increasingly concerned about the exploding national debt of the United States.  The truth is that the entire world financial system is a house of cards balanced on a razor’s edge and it could come down at any time. (Read More...)

41 Facts About The History Of Central Banks In The United States That Our Children Are No Longer Taught In School

*The original version of this article contained a few minor inaccuracies.  I apologize for this.  I am not a historian, and several of the facts that I made originally are hotly disputed among historians.  I have attempted to revise the article in such a way as to reflect the historical consensus more accurately.  However, the central points of the original article are not in dispute.  Central banking has always been a huge issue throughout U.S. history and central banking remains a tremendous threat to our financial system in 2010.  Everyone makes mistakes, and I am sure I will make many more.  However, the main point of the article is to detail how corrosive central banking and the financial elite have been throughout U.S. history, and hopefully most everyone can see that very clearly.  There will always be historical debate about certain points, but the overall themes are unmistakable when you step back to take a look at the bigger picture. (Read More...)

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