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When?

By Greg Hunter’s USAWatchdog.com  When?  That’s the question that is on the minds of people following the economy.  When will the “you know what” hit the fan and we start another global meltdown.  I am not going to string you along. 

There is No Plan to Fix the Economy!

Greg Hunter’s USAWatchdog.com  I, and many others, have said when it comes to the economy, nothing has been fixed.  I thought Federal Reserve Chief Ben Bernanke underscored that fact when he spoke yesterday in Washington D.C. for the Joint Economic Committee. 

It’s Much Worse than 2008

By Greg Hunter’s USAWatchdog.com   I keep hearing the so-called experts say how much better shape the banks are in now than in the last financial meltdown of 2008.  To that, I say horse hooey!  Any expert worth his salt knows that

A Global Meltdown

By Greg Hunter’s USAWatchdog.com  The “you know what” hit the fan today with sharp selloffs of just about everything.  The Dow was off nearly 400 points–ouch!  So much for the so-called “recovery.”  Gold made a significant comeback after being down nearly $80

Will China Stop Buying U.S. Debt?

A few weeks ago, the Telegraph UK did a story about the sharp drop in foreign holdings of U.S. Treasuries.  One of the big buyers of American debt is, of course, China.  There are those that think China is forced to buy our

The Fed has Failed!

Last week, the Federal Reserve announced that it was not starting a third round of money printing (QE3).  (Don’t worry, it is only a matter of time before the money printing will begin again in earnest.)  Fed Chief Ben Bernanke put that

Fix the Banks!

By Greg Hunter’s USAWatchdog.com   If there is one central theme to the ongoing financial crisis we face, it is an insolvent banking system.  It is so bad that the accounting rules were changed (after the financial meltdown in 2008) to allow

Weekly News Wrap-Up 8.26.11

By Greg Hunter’s USAWatchdog.com  (Revised) Earthquakes have hit the U.S.   Thank goodness the quakes only caused minimal damage, although the Washington Monument is now cracked and leaning to the side.  Is it symbolic of the listing American economy?  Now, a hurricane is 

Debt Downgrade part of Bigger Plan?

The debt downgrade of the U.S. debt has caused much calamity and confusion.  The stock market has sold off several hundred points since S&P took the action earlier this month.  Is it a big deal?  You bet, but it is not the

Weekly News Wrap-Up 8/19/11

Greg Hunter’s USAWatchdog.com Another 400 point drop in the Dow yesterday and all I can say is here we go again!  Many are asking what’s going on?  It is two big things.  Nothing has been fixed since the financial meltdown of

0% Interest Rates Lock in Inflation

By Greg Hunter’s USAWatchdog.com  The decision by the Fed, last week, to keep a key interest rate at near zero percent for 2 years is historic because the Fed has never done this before.  This action will have profound negative effect

Weekly News Wrap-Up 8/5/11

By Greg Hunter’s USAWatchdog.com The big drop in the Dow is the result of a global solvency crisis.  The U.S. is spending money by the trillions,  and Europe is headed for a crash touched off by Italian debt.  The economy is

Debt Downgrade, Not Default, is the Problem

By Greg Hunter’s USAWatchdog.com  Watching the debt negotiations is like watching two stubborn people headed over a waterfall.  Both are too blockheaded to steer the boat towards land on the left or the right.  So, both go over the edge and

Robo-Signing Banks Not Off Hook

By Greg Hunter’s USAWatchdog.com  Last week, this story from Reuters really got me upset.  The headline read: “States negotiating immunity for banks over foreclosures.”  The story said, “A coalition of all 50 states’ attorneys general has been negotiating settlements with five

Running out of Runway

Greg Hunter’s USAWatchdog.com  It looks like even the mainstream media (MSM) can see a calamity if we are right on top of one.  Finally, the dire debt ceiling negotiations between Congress and the White House were covered wall-to-wall on all the