OldNavySailor

11 Risks Threatening the World Economy

I suggest adding number 12: "Rise in government spending"

How is government going to pay for all these new and temporary public projects? By adding the unproductive burden of taxation and regulation onto the backs of the wealthy, large and small business and the taxpayers.

Government's contribution to the economy by means of spurious monetary growth creates a false illusion of fleeting prosperity that cannot be sustained.

The Misuse of Language in the Financial World

Let us not forget the media propaganda transformation of "toxic" assets into "legacy" assets. Now it doesn't sound so bad.

The Federal Reserve Has Failed Its Economic Mission

"No matter how bankers see it, banks are not the economy."

How true the author writes.

Debt is not wealth; it is the sword of enslavement and poverty unleashed upon the people. Instead of worrying about banks and their ever expanding insolvency, the President should be meeting with small and medium size businesses across America and getting their input.

The full faith and credit of the United States is based upon the real productive capacity of business and the free markets, not the illusion spewed forth by the debt peddlers.