One truism of investing is to follow the lead of those who are building wealth.This chart reveals the foundation of the wealth of the top 1% and the next 9%; business equity, i.e. ownership of enterprises. Compare the assets boxed…
‘Every once in a while, when I’m feeling overwhelmed, I watch college commencement ceremonies on YouTube. These rituals remind me how perverse our higher-education system is—and of the empty idealism that colleges and universities sell us: We are here today, donning our ceremonial robes and caps, to recite the traditional vacuous platitudes and wish you […]
The post I am the student loan crisis at its ugliest: I graduated and found out I have $200,000 in debt appeared first on David Icke.
‘While the economic implosion progresses this year, there will be considerable misdirection and disinformation as to the true nature of what is taking place. As I have outlined in the past, the masses were so ill informed by the mainstream media during the Great Depression that most people had no idea they were actually in […]
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‘We have all been shafted by overdraft fees from our bank at one time or another. It’s an annoyance and a frustration, especially for those of us who don’t have much money to begin with. It’s also a constant puzzle: if one doesn’t have $5, how is that person going to pony up an extra […]
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A number of systemic, structural forces are intersecting in 2016. One is the failure of high finance to fix the global economy’s systemic problems. The operative conceit of the past 7 years has been that high finance can fix whatever’s…
A number of systemic, structural forces are intersecting in 2016. One is the end-game of debt-fueled “growth.” We can summarize the official “solution” to the Global Financial Meltdown of 2008 in one line: borrow and blow trillions–of yen, yuan, dollars,…
‘Did you see what just happened in China? For the second time in four days, a massive stock market crash has caused an emergency shutdown of the markets in China. On both Monday and Thursday, trading was suspended for 15 minutes when the CSI 300 fell 5 percent, and on both days the total decline […]
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‘A majority of newly arrived refugees in Britain either end up in severe debt or sleeping on the streets, as they are ineligible to open bank accounts, the Refugee Council has revealed. Several asylum seekers, who believed their lives were about to change for the better, have found themselves sleeping rough days after arriving in […]
The post Asylum seekers can’t open bank accounts, left in debt & homeless – Refugee Council appeared first on David Icke.
‘Public sector debt, that is the national debt that is declared as debt on the books of UKplc stands at around £1.6 trillion or 81% of GDP (all goods and services produced by the nation in one year). It is double today under George Osborne than when he took over the reigns in 2010 and […]
The post Mass Privatization and Britain’s Spiralling Public Debt, The Result of Failed Economic Policies appeared first on David Icke.
‘If the founding fathers were to return to their progeny somehow, they would find an unrecognizable country. Some of the changes implemented since they fought a successful rebellion against the world’s preeminent military power of the day would likely be applauded by them: Women’s suffrage and legal equality among the ethnic groups just two of […]
The post Fiscal Insanity: US government spends billions convincing Americans to support more government spending appeared first on David Icke.
‘If the founding fathers were to return to their progeny somehow, they would find an unrecognizable country. Some of the changes implemented since they fought a successful rebellion against the world’s preeminent military power of the day would likely be applauded by them: Women’s suffrage and legal equality among the ethnic groups just two of […]
The post Fiscal Insanity: US government spends billions convincing Americans to support more government spending appeared first on David Icke.
Many well-meaning people want to limit the wealth and power of the super-wealthy, i.e. the Financial Aristocracy/Oligarchy. (For more on the modern class structure, please see America’s Nine Classes: The New Class Hierarchy.) Reformers have suggested everything from a global…
‘Did you know that 95 percent of all retail sales in Sweden are cashless? And did you know that the government of Denmark has a stated goal of “eradicating cash” by the year 2030? All over the world, we are seeing a relentless march toward a cashless society, and nowhere is this more true than […]
The post The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are ‘Eradicating Cash’ appeared first on David Icke.
‘Christmas is a time for giving and that is what Ontario Premier Kathleen Wynne is asking of her citizenry. With almost $300 billion in debt, and almost 1 in 10 dollars of revenue going to pay interest, and already facing the highest tax rates in North America, The Star reports that Ontario officials are asking […]
The post Ontarians Urged To ‘Voluntarily’ Pay More Taxes To Cut Province’s Debt appeared first on David Icke.
‘The GOP just committed financial suicide for America, approving a 2,000 page, $1.1 trillion spending bill that gives away everything and adds hundreds of billions of dollars to the national debt. With the debt already approaching $20 trillion, America is rapidly accelerating toward its own inevitable financial collapse as irresponsible government spending vastly outpaces government […]
The post GOP just committed financial suicide for America … $1.1 trillion spending bill is final blowout of a fiscally insane empire built on debt appeared first on David Icke.