Ten European countries are in recession and three have needed bailouts to avoid default. How could this impact the US economy? Steve Kroft reports.
Finally a Realistic Way to Get Debt Relief
Ten European countries are in recession and three have needed bailouts to avoid default. How could this impact the US economy? Steve Kroft reports.
Eric Hovde discusses the debt crisis facing our nation in this TV ad.
In This Special Edition Report, Bob Chambers From “Trading Talk” investigates the Growing Federal Deficit Crisis. Featured are The Khan Academy, David Morgan, and John Embry. Click Here to Contact Us for More Information: www.preciousmetalinformation.com Want to Ask an Expert a Question? Click Here: www.preciousmetalinformation.com
House Budget Committee Chairman Paul Ryan appeared on CBS’ Face the Nation on March 25th, 2012 to discuss the Path to Prosperity budget and the choice of two futures America faces. To learn more: prosperity.budget.house.gov
www.positivemoney.org.uk – Have you ever wondered why there’s so much debt? Or why the experts and authorities seem completely unable to solve the current debt crisis? Well the reason they can’t solve it is because they’re trying to fix and repair the existing banking system. But the existing banking system is completely flawed. It’s the existing system that has buried all of us under a massive mountain of debt. In the next 3 minutes I’ll show you how the design of the banking system guarantees that the vast majority of people will end up in debt, and why allowing the banks to go back to business as usual would be the worst thing for the economy and for society as a whole. But first, where do you think all this debt came from? Many people would assume that a bank needs to get money from a saver before it can make a loan to a borrower – after all, isn’t that what banks do? Taking money from people who want to save it, and lending it to businesses and people who need to borrow? Well, Not exactly. Here’s a fact that not many people know. A bank doesn’t actually need to have any real money before it can make a loan to someone. When you take out a mortgage from the bank, the bank doesn’t take that money from somebody’s grandma’s life savings. No. Instead, they simply open up a computer, and type some numbers into your account. You get a huge wad of money in your account, and you also get a huge wad of debt that you’ll be repaying over the next 25 years. But the money that you …
Federal Reserve Chairman Ben Bernanke told members of Congress on Wednesday that “more needs to be done” by Europe to bolster the strength of its financial system. Duration: 00:55.
There were quite a few videos on the subject, but none really explained the issue very well. My biggest gripe was that they didn’t provide any context behind debt. So if people don’t even understand how money and debt work, how the hell are they going to understand the debt crisis? If you’d like to learn more about finance and all that Jazz. head over to the website, like the video and please subscribe! www.thefinancialreality.com The Global Debt Crisis
Should financial products be subject to the same kind of consumer protection and quality control as other products like pharmaceuticals? Virtually every product that can be bought and sold is covered by regulations and often there is issues related to social benefits. The crash of 2008 has demonstrated that the current financial system is rife with social detriment. Or, is finance simply different from other products and markets? CrossTalking with Glen Weyl, Patrick Young and Arnold Kling on March 14. CT on FB: www.facebook.com
After watching Europe’s performance last week the only thing they really were after was an ESM, European Stabilization Mechanism, to tie down all EU nations to a tighter regional set up. As it turns out England and others did not agree. Britain obviously does not want to become part of a new treaty that deprives them of their sovereignty. This regional government concept appeared in the early 1960s and is now going to be pushed in Europe with the US to follow. Our question, is England just trying to protect the advantages of the “City of London,” or is the disagreement deeper than that? A new treaty will take two years for ratification, but in the meantime an agreement will hold forth on what can be called a handshake. Evidence is still out on whether this is an attempt by Germany to break up the euro zone and the EU or a genuine effort to set up a platform for world government. We know that since WWII that the internationalists have been setting up Europe as the foundation for world government. On the other hand we know that 65% to 70% of the German people want no part of it from any standpoint. theinternationalforecaster.com www.infowars.com
A must watch video for all who really want to now about the reality of united states Government and the us debt crisis.