One Nation Under Debt With Endless Debt Slavery For All

Debt is a “soft” form of slavery.  In America today, it is not legal to bind people up with chains and force them to work for you, but that doesn’t mean that there are not millions upon millions of slaves in this country.  When you borrow money, you willingly become a servant to the lender.  Sadly, there are millions of Americans that will spend the rest of their lives working to pay off their debts but they will never escape the endless debt slavery that they have gotten themselves into.  When you add up all forms of debt in the United States at this point, it comes to more than 54 trillion dollars.  That is more than $178,000 for every man, woman and child in America.  We truly are one nation under debt, and we have created the biggest debt bubble in the history of the planet.  Unfortunately, all debt bubbles eventually burst, and when this one bursts the consequences are going to be unlike anything ever seen before. (Read More...)

They Want A “United States Of Europe” But They Are Going To Need A Massive Financial Crisis In Order To Get It

Are we about to see a huge push for a “United States of Europe”?  As the sovereign debt crisis in Europe continues to spiral out of control, suddenly this term is popping up in the New York Times and in major newspapers all over Europe.  So is this by accident?  Surely not.  The truth is that there is an overwhelming consensus among the political and financial elite of Europe that a “United States of Europe” is what would be best for the eurozone.  However, they are likely going to need a massive financial crisis in order to reach their goal.  Right now, the citizens of the countries that make up the eurozone are overwhelmingly against deeper European integration.  Without experiencing a massive amount of financial pain, they are unlikely to change their minds any time soon.  So who is going to win in the end?  Unfortunately, the clock is ticking because Greece is on the verge of defaulting on their debts and several other countries are not that far behind.  If Europe does not decide on a course of action soon, the euro is going to collapse and financial institutions all over Europe are going to come crashing down. (Read More...)

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