Tuesday, 28 August 2012





By Susanne Posel As the mega-banks face the controlled demolition of the US dollar, they have taken the stance of victim to the implosion.


Average U.S. Household Has Lost 5% in Annual Income Since Economic “Recovery” Began: The rich are getting richer, and the poor really are getting poorer. According to a new report, Americans are earning less today on average than they were when the Great Recession, which began in December 2007, ended in June 2009.
Payday lenders use courts to create modern debtors' prison: Wakita Shaw's troubles started with a $425 payday loan, the kind of high-interest, short-term debt that seldom ends well for the borrower. But most of them don't end up in jail. So Shaw was surprised in May of last year to hear that the St. Louis County police were looking for her. She and her mother went to the police station.
Bankers' profits soar on backs of home buyers: Don't you just love the bankers? The worse things get, the more money they make.
U.S. Debt On Track to Hit $16 Trillion Within Week: The federal government’s debt could hit an unprecedented $16 trillion this week while the Republican Party is holding its national convention in Tampa, Fla.
DEBT BOMB - The Global Financial Crisis Stripped Bare - Video - Humor?
World Watches as Danish Intrest Rates Venture Below Zero: Of all the many striking policy measures taken since the financial crisis, one of the most extraordinary has gone almost unremarked—the introduction of negative official interest rates by Denmark