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%.

An urgent message from financial expert Simon Dixon
SimonDixon.org

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!

Bailouts, stimulus packages, debt piled upon debt, where will it all end?
How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers?
And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by [...]