The Three Ds of Doom: Debt, Default, Depression
“Borrowing our way out of debt” generates the three Ds of Doom: debt leads to default which ushers in Depression…
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Worldwide Debt Default This Fall | Michael Pento
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Michael tells Silver Doctors the yield curve will invert, causing the money supply to shrink, which thrusts the world into recession. Here’s more…
Continue readingIt’s Official: Venezuela Declared In Default
Last week the rumors were that Venezuela made it’s debt payment. This week we know that Venezuela is declared in default. Here’s the details…
Continue readingFund Manager Warns Puerto Rico Default May Trigger A “Black Swan” Derivatives Melt-Down
It is highly probable that the crashing stocks of MBIA, AMBAC and AGO are the alarm bells of a black swan landing. And, of course, no one has been talking […]
Continue readingSILVER SQUELCHERS PART 3: Their Interesting Associates
We all know that the end of COMEX price rat-holing of gold and especially silver has a more limited life now than ever before. Have you wondered what will be […]
Continue readingJim Grant: America’s Default on Its Debt Is Inevitable!
“There is precedent for a government shutdown,” Lloyd Blankfein, the chief executive officer of Goldman Sachs, remarked last week. “There’s no precedent for default.” How wrong he is. Let us […]
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