Happy Independence Day… But, then again, are we really that independent? Would the Founding Fathers look at us and be proud, or would they bow their heads in sorrow at what our […]
25 Ways To Declare Your Independence In 2014
Argentina Must Pay $539 Million Today – Default Imminent
Today is the day that Paul Singer and his Elliot Capital Management team have been waiting for. Thanks to SCOTUS’ decision, as Bloomberg reports, Argentina is poised to miss a bond payment […]
The coming ‘tsunami of debt’ and financial crisis in America
The US Congressional Budget Office is projecting a continued economic recovery. So why look down the road – say, to 2017 – and worry?   Here’s why: because the debt held by […]
China Surpasses The U.S. With $14 Trillion In Corporate Debt
Chinese companies borrow more than their American counterparts as the world’s second-largest economy takes center stage in corporate-debt markets. Borrowers from China had $14.2 trillion in debt at the end of last […]
Obama’s Balloon: Student Loan Debt Up 517% in 5 Years
Since President Barack Obama took office in January 2009, the cumulative outstanding balance on federal direct student loans has jumped 517.4 percent. The balance currently owed is $739,641,000,000.00. Back in January 2009, […]
Foreign Holdings Of U.S. Government Debt Rise To New All-Time Record High
Foreign buyers of U.S. Treasury securities increased their holdings in April to another record high even though China cut back on its holdings for a third straight month. The Treasury Department reported […]
Total Debt In America Hits A New Record High Of Nearly 60 Trillion Dollars
What would you say if I told you that Americans are nearly 60 TRILLION dollars in debt? Well, it is true. When you total up all forms of debt including government debt, […]
A New Magnitude 7.8 Earthquake Near New Zealand Unleashes A Tsunami In The Pacific
The most important news from all over the globe…. A tsunami warning was issued for New Zealand after a magnitude 7.8 earthquake struck in the Pacific Ocean off the north coast of […]
6.7 Earthquake Rattles Northern Japan
The latest from The Most Important News…. A magnitude-6.7 earthquake rattled northeast Japan early Thursday in the same area where a massive quake triggered a deadly tsunami in March, but there were […]
