Iceland may be the first Western democracy to be forced into South-American style debt-slavery. The IMF, in concert with the UK and the Netherlands, has attempted to strongarm the recently impoverished Island of 317,000 into paying over 3.6 billion pounds ($6.3bn) — $86,000 per Icelandic family — at 5.5% interest for the next generation. The [...]

The vast majority of the talking heads on television are still speaking of the current economic collapse as if it is a temporary “recession” that will soon be over. The truth is that the foundations of the U.S. economy have been destroyed by an orgy of government, corporate and individual debt that has gone on for decades.

OpEdNews.com / Grant Lawrence (2010-10-17)
President Obama’s popularity has crashed so perhaps doing something for the American people might help.
President Obama in his weekly address to the American people says that he wants to get the American taxpayers’ money back.
So far so good.
So he wants to tax the big banks to get that money back.
So far [...]

Documentary on the events that led to the economic collapse of Argentina in 2001 which wiped out the middle class and raised the level of poverty to 57.5%.

The National Inflation Association is pleased to announce the release of ‘The Dollar Bubble’, a new 30 minute documentary about the upcoming collapse of the U.S. dollar and how the Federal Reserve’s destructive monetary policies could bring the U.S. financial system to an end.
The Dollar Bubble features Peter Schiff, Ron Paul, Marc Faber, Gerald Celente, [...]

The Federal Reserve’s strategy to fend off a barrage of attacks from Congress, largely centered on low-key diplomacy by Chairman Ben Bernanke, isn’t succeeding so far.

The dollar will get “utterly destroyed” and become “virtually worthless”, said Damon Vickers, chief investment officer of Nine Points Capital Partners

Billionaire globalist George Soros told the Financial Times during an interview that China will supplant the United States as the leader of the new world order and that America should not resist the country’s decline as the dollar weakens, living standards drop, and a new global currency is introduced.

The elite media is euphoric, saying the Obama stimulus package worked and we had 3.5% economic growth this quarter!