Tag Archives: Austerity

Krugman is a Con Man

By | December 18, 2020

Written by Peter Diekmeyer (CLICK FOR ORIGINAL) Gold’s biggest enemy is a brilliant Nobel Prize winning economist, university professor and columnist for the New York Times. Sadly, he is also a con man.  Last week Paul Krugman wrote a column for the New York Times in which he called Republican Paul Ryan, a “con man.”… Read More »

The War on Cash

By | December 18, 2020

The War on Cash is now going into hyper-drive. In the last 24 months, Canada, Cyprus, New Zealand, the US, the UK, and now Germany have all implemented legislation that would allow them to first FREEZE and then SEIZE bank assets during the next crisis. These moves will be sold as “for the public’s good,”… Read More »

A Little Perspective On What Lies Ahead

By | December 18, 2020

Eliminating Elites won’t eliminate our structural problems or the reduction in phantom wealth we’ve all been relying on. Many finance-oriented critiques start from the position that our problems largely stem from the financial/political dominance of Elitist cartels and cabals. Clearly, the malinvestment, exploitation, predation and disregard for the law that characterizes the rule of political-financial… Read More »

The inimitable Kyle Bass

By | December 18, 2020

Here’s a December 2011 snapshot from the inimitable Kyle Bass http://watch.bnn.ca/the-street/december-2011/the-street-december-13-2011/#clip584882 (sorry no embed for that one) Here’s another treat. Must watch for everyone who enjoys not being lied to. Unlike all other cheap talking heads, and know-nothing pundits who merely need a suit to make an appearance on one of the TV’s financial comedy… Read More »

Breakdown Of Greek Austerity Measures

By | December 18, 2020

Courtesy of the BBC, these are some of the austerity measures the Greeks are being asked to swallow right now. Coming to America soon… TAXATION Taxes will increase by 2.32bn euros this year, with additional taxes of 3.38bn euros in 2012, 152m euros in 2013 and 699m euros in 2014. A solidarity levy of between… Read More »