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Journalist and book author Michael Snyder says corporate debt is at record highs standing at $10 trillion. Snyder points out debt is setting records in every aspect of the economy and contends, “If you include all other forms of corporate debt not listed on the stock exchanges, that brings the total to $15.5 trillion, which is equivalent to 74% of GDP. We’ve never seen anything like this before in all of U.S. history. →
Financial writer and professional trader Rick Ackerman says don’t expect a replay of the 2008-2009 financial crisis where the Federal Reserve bailed out almost everything in sight. Ackerman explains, “It ended up Lehman Brothers went under, and they needed a couple of sacrificial lambs, along with Bear Stearns. It could have just as easily been, and it might be the next time, Goldman Sachs. So, in that way, the Fed is kind of out of bailout bullets. We’ve already been through a bailout where it took a big hunk of the financial system. Each one takes more bailing out to get to that critical threshold of credibility where the bailout itself works.” →
About two years ago, Michigan State Economics Professor Mark Skidmore revealed there was $21 trillion in what he calls “missing money” from the Department of Defense (DOD) and Housing and Urban Development (HUD). This was a stunning revelation and the biggest auditing discovery in the history of accounting. Dr. Skidmore, who is an expert in public finance, along with a team of academics, used publicly available government accounting reports and revealed their results in late 2017. →
Former CIA Officer and whistleblower Kevin Shipp says from the Russia collusion delusion to the sham impeachment, it’s all really just one big Deep State coup. At the center of the coup is billionaire George Soros, who hates American sovereignty and “America First” President Donald Trump. Shipp explains, “Soros has been funding attempts to overturn a U.S. election and remove a President of the United States. →
Former CIA Officer and whistleblower Kevin Shipp says the so-called “Hammer” (Hamr) surveillance system invented by Dennis Montgomery is a proven hoax. Shipp says new data shows the Hammer (HAMR) hoax is an intensifying psyop. Shipp says, “It’s fake. It’s a false story, and yet, it is being pushed all the way to the top (of Google search) that is now claiming it was part of the surveillance on President Trump, and that is pretty serious because it is getting up to that level. . . . We’ve proven that Dennis Montgomery is a documented fraud and con man . . . and after all of that, this story keeps morphing and they keep pushing it up. Somehow it has gotten to number two in a Google search.” →