thestatedtruth.com | October 4, 2011
The Fed has used most of its tools (already) to help the economy. It said it expects to keep interest rates ultra low into 2013, maybe longer. Congress is tying to cut, not raise, spending. Europe is resisting bold steps to save its most troubled economies. The bottom line is a recession is on the verge (probably happened already) of seizing […]
Category: Commentary, Economy, National News, Wall Street |
429 Comments »
Tags: Bernanke, Economy, Fed, Tough Times
thestatedtruth.com | October 3, 2011
Hmm…Question: Why is Dexia in trouble? Dexia bank in Belgium has total liabilities equal to 180% of GDP of Belgium according to Harvey Organ.
Category: Commentary, Economy, National News, Wall Street |
545 Comments »
Tags: Banking Nightmare, European Bankers, In Trouble
thestatedtruth.com | October 3, 2011
We should say this is a horrific economic crisis that’s about to get (out of) hand…..Debt is a very cruel master. It will almost always bring more pain and suffering than you anticipated. It is easy to get into debt, but it is very difficult to get out of debt. In the end, we will see that the debt-fueled prosperity […]
Category: Commentary, Economy, Finance, Inspirational, National News, Personal Net Worth, Wall Street |
49 Comments »
Tags: Europe Banks, Financial Warnings, Insolvent Banks
thestatedtruth.com | October 2, 2011
This is how depressions start, and don’t think for a moment that the United States doesn’t know it…..one mistake turns into many. Europe has many. It starts in Europe, then given time it moves around the world. Dexia, one of Belgiums largest banks is tying its best not to go night night (no problem, the Europeans will […]
Category: Commentary, Economy, National News, Wall Street, World News |
52 Comments »
Tags: Europe Banks, World Banks
thestatedtruth.com | October 1, 2011
It doesn’t sound like much to (all of a sudden) charge everyone $5 a month to use a bank debit card, but it’s the principle of the matter with the bankers becoming more hated by the day. To make things worse for this ill advised bankers decision, we have a tested model here…just look at Netflix, which instituted a […]
Category: Commentary, Economy, Finance, National News, Wall Street |
43 Comments »
Tags: Bankers, Debit Charges