Wednesday, September 8, 2010

Tarpley: 'US tries to destroy Euro'

China's ownership of the United States government debt has dropped to the lowest level in at least a year. Webster Tarpley also says that the US was trying to shift the depression onto Europe, trying to destroy the Euro with a speculative attack on Greece, Spain, Portugal, etc.

Tuesday, August 24, 2010

US debts and liabilities

"The United States already has debts and liabilities exceeding those of all the rest of the planet, combined – despite only representing about 5% of the Earth’s population. It is hopelessly insolvent by any, rational measure. And still the bond-bulls trot-out the absurd argument that U.S. Treasuries represent a “flight to safety”. The largest buyer/holder of U.S. Treasuries over the past decade (China) has been steadily selling, not buying." Read article.

U.S. Deficit $202 Trillion