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Jim Grant Asks When The World Will Realize "That Central Bankers Have Lost Their Marbles"

Jim Grant Asks When The World Will Realize "That Central Bankers Have Lost Their Marbles"

Authored by James Grant via Grant's Interest Rate Observer,

April 15 comes and goes but the federal debt stays and grows. The secrets of its life force are the topics at hand— that and some guesswork about how the upsurge in financial leverage, private and public alike, may bear on the value of the dollar and on the course of monetary affairs. Skipping down to the bottom line, we judge that the government’s money is a short sale.

Somnolent Europe, Russia, and China — Paul Craig Roberts

Somnolent Europe, Russia, and China
Can the world wake up?

Paul Craig Roberts

On September 19, 2000, going on 16 years ago, Ambrose Evans-Pritchard of the London Telegraph reported:

“Declassified American government documents show that the US intelligence community ran a campaign in the Fifties and Sixties to build momentum for a united Europe. It funded and directed the European federalist movement.

Remember That "Taxation Without Representation" Thing? It's Happening Again

Remember That "Taxation Without Representation" Thing? It's Happening Again

Submitted by Nick Bernabe via TheAntiMedia.org,

Everybody remembers learning about one of the central rallying cries of the American Revolution: “No taxation without representation!” Yes, the settlers in early America thought the idea of being forced to pay taxes without having a say in the decision-making of their overlords was very problematic.

Trump Says If Economy Crashes "Can Make A Deal", "Will Renegotiate Debt"

Trump Says If Economy Crashes "Can Make A Deal", "Will Renegotiate Debt"

Calling himself 'the king of debt' in his business dealings, Donald Trump warned correctly this morning that the national debt would be troublesome if the cost of borrowing increases, asking rhetorically, "we're paying a very low interest rate. What happens if that interest rate goes up 2, 3, 4 points? ...We don't have a country." The U.S.

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