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February 6, 2011

The Great Global Debt Prison

By Giordano Bruno

Neithercorp Press – 2/4/2011

Tense and terrible times inevitably summon an odd coupling of two very different and difficult human conditions; honesty, and brutality. Certain painful truths are revealed, and often, a palpable fury erupts. Being that times today are particularly tense, and on the verge of being spectacularly terrible, perhaps we should embrace both conditions in a constructive manner, and become brutally honest with ourselves. This begins by admitting to that which most ails us. It begins by admitting how far we have fallen… [Read more…]

Filed Under: Opinion Tagged With: Adjustable Rate Mortgages, ARM, Bankruptcy Filings, Charles Dickens, China, Credit Card debt, Debt, Foreclosures, Giordano Bruno, Moody's says time shortens for US Rating Outlook, Mortgate debt, Munibonds, Municipal Bonds, National Debt, Neithercorp Press, One big difference between Chinese and American households debt, property tax, QE3, the Consequences of Debt, the Federal Reserve, The Great Global Debt Prison, Top 10 cities where foreclosure rates are highest, Understanding Debt, US GDP, US Treasury

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