Crash Course: Chapter 12 – Debt by Chris Martenson
Chapter 12 (Debt): Dr. Martenson explains how, since debt is a claim on future money, it is therefore a claim on future human labor. To put it simply, debt is future consumption taken today. Key Concept 7 is introduced, that “ever-growing debts implicitly assume that the future is going to be larger than the present.” Dr. Martenson challenges this assumption, and what it means for us if that condition of growth is not met. www.chrismartenson.com
Debt Collapse – $20000 Gold – Mike Maloney On Gold, Silver & Economics
Mike Maloney is the author of the world’s best selling book on precious metals investing. Since 2003 he has been advocating gold and silver as the ultimate means of protecting wealth from the games played by our governments and banking sector. In this 90 minute presentation he lays down his ‘most likely’ scenario for the global economy over the next deacde…short term deflation, followed by big or even hyperinflation. Here you will learn the true definitions of inflation/deflation, the difference between currency and money, price vs value, ‘Wealth Cycles’, gold and silver accounting for the expansion of fiat currency, gold and silver supply and demand, the differences between the today’s bull market and that of the 1970s, The Debt Collapse, and more. If you would like to know more check out Mike’s websites www.GoldSilver.com and http Mike sends out a free weekly newsletter from each of the above sites each with valuable information on the economy and gold & silver, see you there.
Keiser on ‘Tsunami alert’: Dubai debt crisis awakes storm?
Fresh fears over the size of Dubai’s debt have sent shock waves through international markets, with major stocks and oil prices falling sharply. Dubai World, the country’s largest conglomerate, wants to suspend payment on its sixty billion dollar debts until next May at the earliest. RT’s financial contributor Max Keiser says the World is entering the Phase Two of the global economic crisis.
Keiser Report: Debts & Ratings Theater (E165)
This week Max Keiser and co-host, Stacy Herbert, look at the political theatre of America’s AAA rating in a land where gold is not money and shoplifting is a sign of a strong economy. In the second half of the show, Max talks to Amir Taaki, founder of BitcoinConsultancy, about the peer to peer currency, Bitcoin, and its recent trials and tribulations. KR on FB: www.facebook.com/KeiserReport