Archive for December, 2012
I Have Huge Expectations for Gold in 2013: Baruch
Monday, December 31st, 2012Americans Living an Illusion, 2012 Misses, 2013 Predictions
Friday, December 28th, 2012
American’s are living in the matrix. The illusion has been pulled over American citizens eyes, while their government start illegal wars, rip their citizens off and spy on their citizens.
After The Fiscal Cliff Comes The Debt Ceiling – U.S. Bankrupt
Friday, December 28th, 2012
After the fiscal cliff where the U.S. government works out how much to tax citizens, and make cuts in government spending, the next problem is the “Debt Ceiling” which means that they will run out of money again. What does this mean, basically there will be even more spending cuts on social services and possibly more borrowing from Federal Reserve Bank and that means more money printing which will drive the federal debt beyond $14 Trillion.
Commodity Correction on Horizon?
Wednesday, December 26th, 2012Santelli: Watch Out For Falling Stocks? Sell The News
Wednesday, December 26th, 2012Grand Jury Indicts Fmr. SAC Portfolio Manager Mathew Martoma
Wednesday, December 26th, 2012Read more “Insider Trading Cases” below
Former Goldman Sachs Director Rajat Gupta Convicted of Insider Trading Involving Hedge Fund
Rajat Gupta Ex-Goldman Director Arrested For Insider Trading Conspiring With Rajaratnam
Raj Rajaratnam Gets 11 Years For Insider Trading
Raj Rajaratnam Insider Trading Case – Insider Trading Normal Amongst Wall Street
Rape Protests Paralyze New Delhi, India
Wednesday, December 26th, 2012Asia’s 2013 Billionaires: Who to Watch Out For
Wednesday, December 26th, 2012How Badly Did Holiday Retail Sales Do?
Wednesday, December 26th, 2012Streible: Silver Will Be #1 Commodity Pick of 2013
Wednesday, December 26th, 2012Toronto’s “Perceived Wealthiest” Carry The Most Debt – Living Way Beyond Your Means
Thursday, December 20th, 2012by Das Brain
The article below is about 10 months old, but non the less it still details the amount of debt that “perceived rich people” are holding on to, simply because they can finance their big houses and high life style with their high-income.
However, as soon as there is any disruption to their income like a job loss, the illusion of wealth can easily come unraveled and the debt payments will pile on very quickly.
