thestatedtruth.com | July 10, 2011
So, the government admits 3 years later that we were headed for another great depression back in 2008…Can’t expect them to be honest with us now. Looks like a lot of unfinished business lies dead ahead.  Just a heads up! WASHINGTON (AP) — Treasury Secretary Timothy Geithner (GYT’-nur) says many Americans will face hard times for a long time to come. He […]
Category: Commentary, Economy, National News, Wall Street |
49 Comments »
Tags: Depression, Government, Meet The Press, Tim Geithner
thestatedtruth.com | June 28, 2011
Interest rates are at record 100 year lows, but even so, the world is sporting an unusually slow learning curve! Logically speaking, if interest rates were to climb,  it would be “lights out, game over” and the mother of all depressions. Something to think about since no one else seems to be interested. BIS is warning of higher rates […]
Category: Charts and Graphs, Commentary, Economy, Finance, Interest Rates, Bonds, National News, Real Estate, Wall Street |
11,927 Comments »
Tags: defaults, Depression, Interest rates, Rising Interest Rates
thestatedtruth.com | April 28, 2011
Reality check for the government talking heads……are things really as good as they think. From Reuters: An April 20-23 Gallup survey of 1,013 U.S. adults found that only 27 percent said the economy is growing. 29 percent said the economy is in a depression and 26 percent said it is in a recession, with another […]
Category: Commentary, Economy, National News, Wall Street |
718 Comments »
Tags: Depression, Economics, Reality Check, Recession