All posts in " Sovereign Debt Crisis "

Has the USA Ever Paid off its Debt?

By admin / April 7, 2016

Some people were surprised that I wrote that the USA paid off its debt under Andrew Jackson. What you have to understand is that the debt was effectively a deal between Jefferson and Hamilton. Jefferson forced an agreement that debt had to be paid off and the capitol would be put next to Virginia which became Washington, […]


ECB Losing Control

By admin / April 7, 2016

In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators.  Italy’s government had to address the plight of Italian banks which now seems to be significant as both houses of parliament voted to create a state fund for bad loans. On Tuesday, the government announced that they planned to fund the money […]


Fed Admits it is the World’s Central Bank – not just the USA Central Bank

By admin / March 30, 2016

Janet Yellen signaled that the Fed is grappling with the problem I have been warning about: the dollar has become the de facto currency and the Fed is indeed becoming the world’s central bank. Yellen has admitted that everyone is lobbying the Fed to surrender its domestic policy objectives for international ones. This is precisely […]


The Dow For the week of 03/14/2016

By admin / March 12, 2016

While the markets have cheered the public admission that the central banks have completely failed in their quantitative easing and they will now buy more for longer, the technical profile is not as buoyant as it might appear on the surface. We have at least begun to enter the resistance area, but we have still […]


New South Wales Treasurer Says Government Must be Reduced

By admin / March 8, 2016

New South Wales Treasurer Gladys Berejiklian. Photo: Daniel Munoz Everywhere we look, governments are in deep trouble. Down under in New South Wales, Treasurer Gladys Berejiklian has put in motion a quite dramatic reduction in the size of government. She has outlined a number of government departments, agencies, state-owned corporations, boards, committees, and trusts that need to be curtailed […]


Lagarde – Wants to Raise Retirement Age & Taxes

By admin / March 6, 2016

Christine Lagarde remained at the IMF and one of three Troika members because she is a Socialist and on board with both raising retirement ages to cheat people out of what they planned and to raise taxes while closing all borders to the movement of capital. She is also pushing behind the curtain for the […]


Moody’s Lowers Credit Rating of China to Negative from Stable

By admin / March 2, 2016

Moody’s lowered its outlook on China’s credit rating stable to negative. We have been warning that our models on China indicate that the bottom in the economy does not appear likely until 2020. This should be a 13-year contraction. So far, that forecast appears to be on target.


Britain Seizing Pension Funds?

By admin / February 12, 2016

  I have been warning that Chancellor George Osborne is probably going to go down in history as the man who destroys what is left of the British empire. He has done everything wrong. Seizing pension funds to be invested by his decree is up there with Argentina’s standards. Osborne is currently putting in place […]


2015.75: The Start of Sovereign Debt Crisis

By admin / January 7, 2016

We warned that 2015.75 was the turning point to the start of BIG BANG. As we now have entered the down wave on the Economic Confidence Model, things will begin to heat up. I have warned that our current crisis … →

Page 11 of 12