Debt | Astute News

After the Fed Punts, the ECB Throws Another Hail Mary

June 21, 2020 Opinion

Last week FOMC Chair Jerome Powell and company did, essentially nothing, at their June meeting. They held interest rates at 0.25%, did not expand QE nor did they indicate any changes. This wasn’t what…

Towards A New World Order? The Global Debt Crisis and the Privatization of the State

April 20, 2020 Opinion

There is a serious health crisis which must be duly resolved. And this is a number one priority. But there is another important dimension which has to be addressed. Millions of people have …

Post-Republic “Weimar America”, Here We Come! Virus Hysteria Adds $10 Trillion to the National Debt

April 14, 2020 Opinion

There’s no doubt that the Coronavirus is a serious infection that can lead to severe illness or death. There’s also no doubt that ‘virus hysteria’ has been used for other purposes. Wall Street, for ex…

Who CARES About Debt? COVID-19, Corporate Plunder, & the US Plan of Unlimited Bank Bailouts

March 29, 2020 Opinion

Debt matters. In Washington’s swamp, no one CARES about debt. Big government has become more addicted to debt than drug addicts to a pipe full of crack. In October 2019, the International Monetary Fun…

And the Winner is? Deflation

March 12, 2020 Opinion

Back in August I penned a post called, “The Battle of the ‘Flations Has Begun.” With an historic 2000 point drop in the Dow Jones Industrials on Monday in response to Saudi Arabia and Russia declaring…

Global Capitalism Is Theft

February 4, 2020 Opinion

In modern capitalism, governments routinely borrow money. They do this to finance budget deficits that occur when governments raise less in taxes than they spend. Governments also borrow to invest in …

“Debt Against the People”: Analysis and History of the Global Debt Crisis

February 2, 2020 Opinion

Introduction Over the last ten years Greece has been a prime example of how a country and a people can be deprived of their liberty through clearly illegitimate debt. Since the 19th century, from Lati…

Vulture Capitalism Is Jewish Capitalism

December 30, 2019 Opinion

“If man will strike, strike through the mask!”Ahab, Moby Dick It was very gratifying to see Tucker Carlson’s recent attack on the activities of Paul Singer’s vulture fund, Elliot Associates, a group I…