Moral Outrage
Whew! God help us!

Posts Tagged ‘global economy

IMF warns US debt ceiling delay will damage world economies

July 28, 2011

The International Monetary Fund urged the United States to swiftly raise the debt ceiling to ward off risks of a credit downgrade that could damage the global economy. Facing an August 2 deadline after which the United States may not be able to issue more debt, both sides have so far refused to compromise on […]

Global financial warnings from the central bankers’ bank BIS

June 30, 2011

The global financial system is deepening and extending. This is the conclusion to emerge from the recently released annual report of the Bank for International Settlements (BIS), sometimes referred to as the central bankers’ bank. One of the biggest dangers comes from the massive assistance provided by central banks to the banks and financial institutions […]

China warns US on debt crisis destabilizing the global economy

June 10, 2011

Republican lawmakers are “playing with fire” by contemplating even a brief debt default as a means to force deeper government spending cuts, an adviser to China’s central bank said on Wednesday. The idea of a technical default — essentially delaying interest payments for a few days — has gained backing from a growing number of […]

Time ticking for US dollar as world’s reserve currency

April 28, 2011

The Fed’s relentlessly easy monetary policy combined with Congress’s reckless spending have driven investors out of the United States and into Asia, South America and elsewhere in search of higher returns and more sustainable growth. This incoming wall of money puts the central bankers in these countries in a bind. If they do nothing, the […]

The 4 to 6 trillion dollar wars that have not been mentioned on the campaign trail

October 26, 2010

We’re just weeks away from the coming elections on November fourth and despite the actual State of this nation—the $4 to $6 TRILLION dollar wars in Afghanistan & Iraq have not even been mentioned on the so-called campaign trail! Time after time we have not questioned anything that has transpired inside our government: And each […]

Sad Stats and Sinking Status of the U.S. Middle Class

July 18, 2010

The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace. 22 statistics detailed here prove beyond a shadow of a doubt […]

Secret Banking Cabal Emerges: Bloomberg

January 30, 2010

The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists.  After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all. Wednesday’s hearing described a secretive group deploying billions of dollars to favored […]