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The Important Things We DON’T Have Money For, And The Crazy Things We DO Have Money For

By: Michael Snyder, The Economic Collapse. In an age of “belt tightening” and “budget cuts”, you would think that government officials would be trying to spend our money wisely.  Unfortunately, when it comes time to cut spending our politicians tend to do everything that they can to protect their own interests and their own pet […]

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1 in 4 UK kids to live in poverty by 2020

Nearly one-quarter of British children will be living in poverty by the year 2020, a new report has predicted. PM David Cameron pledged that child poverty would be gone by this time, yet some of the government’s policies seem to exacerbate the crisis. Research by the Institute for Fiscal Studies (IFS) estimated that the UK […]

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11 Economic Crashes That Are Happening RIGHT NOW

The stock market is not crashing yet, but there are lots of other market crashes happening in the financial world right now.  Just like we saw back in 2008, it is taking stocks a little bit of extra time to catch up with economic reality.  But almost everywhere else you look, there are signs that […]

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Cyprus Protesters and Bank Employees Clash With Police; Europe and Russia Reject Bailout

Local news in Cyprus is reporting an escalation in the protests that have begun in the wake of attempts by EU chiefs to confiscate the savings of depositors. The news of possible bank closures has enraged the public. It appears that in order to keep things under control, the Central Bank is discussing a possible […]

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World Debt Explained: Nation’s Debt In $100 Bills

Politicians speak about Millions, Billions & Trillions everyday. The numbers mean nothing unless one understands the size of these numbers. Here is an info-graphic that is visualizing world debt in $100 bills while making the assumption that debt is represented by physical paper (when it is nothing but a bunch of electronic ones and zeros […]

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10 Predictions for 2013

10 Predictions for 2013

This past year, 2012, was an eventful year. We had another Olympics, a U.S. presidential election, the warmest year on record, and lived through the Mayan apocalypse. However, many things did not occur that many of the trend seers predicted, especially dramatic events that made the boldest predictions. As we enter 2013, time itself seems […]

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Is The World Abandoning The U.S. Economy?

Brandon Smith, Contributor Activist Post Go to any university, any center of equities trade, any meeting place for financial academia, any fiscal think tank, and they will tell you without the slightest hint of doubt in their eyes that the U.S. economy is essential to the survival of the world. To even broach the possibility that […]

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What If We Adopted A System Where The Banks Did Not Create Our Money?

Michael Snyder, Contributor What if there was a financial system that would eliminate the need for the federal government to go into debt, that would eliminate the need for the Federal Reserve, that would end the practice of fractional reserve banking and that would dethrone the big banks? Would you be in favor of such […]

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