Tags: federal debt

USA in 2012/2016: An Insolvent and Ungovernable Country

December 20th, 2011
in GEAB reposting

Editor’s Note: This article is republished with permission of LEAP/E2020. See end of article for credits.- Public announcement GEAB N°60 (December 16, 2011)As announced in previous GEABs, in this issue our team presents its anticipations on the chan… more »

The Plague of Rogue Bankers

December 6th, 2011
in Op Ed

by Guest Author Dan FlemmingThere are three main economic results and several additional concerns arising from Federal Debt "Gone Wild", corruption from TBTF banks and failures of ratings agencies. Remember: the U.S. government had enjoyed AAA rat… more »

$30 Trillion of Western Assets Are About to Vanish

November 19th, 2011
in GEAB reposting

Editor’s Note: This article is republished with permission of LEAP/E2020. See end of article for credits.Global systemic crisis: 30,000 billion US dollars in ghost assets will disappear by early 2013 / The crisis enters a phase of widespread discounti… more »

In Autumn 2011: $15 trillion of Financial Assets Will Go Up in Smoke

June 22nd, 2011
in GEAB reposting

On December 15, 2010, in the GEAB N°50, LEAP/E2020 anticipated the explosion of Western government debt (1) in the second half of 2011. We were then describing a process that would start with the European government debt crisis and then set fire to the heart of the global financial system, namely US federal debt (2). On December 15, 2010, in the GEAB N°50, LEAP/E2020 anticipated the explosion of Western government debt (1) in the second half of 2011. more »

Second Half of 2011 – Get Ready for the Meltdown of the US Treasury Bond Market

March 20th, 2011
in GEAB reposting

Japan will need to sell massive amounts of U.S. Treasuries to raise money for reconstruction. This will crush the bond market. more »