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Crash Course: Chapter 12 – Debt by Chris Martenson

Filed Under (News) by on 31-08-2009

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Chapter 12 (Debt): Dr. Martenson explains how, since debt is a claim on future money, it is therefore a claim on future human labor. To put it simply, debt is future consumption taken today. Key Concept 7 is introduced, that “ever-growing debts implicitly assume that the future is going to be larger than the present.” Dr. Martenson challenges this assumption, and what it means for us if that condition of growth is not met. www.chrismartenson.com

DEBT FOR EVER

Filed Under (News) by on 30-08-2009

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FKN Newz Blog – www.main.fknnewz.com Debt Bomb in Wall Street , no one dead, no one injured ,no one bothered. Drug war fuelled by high profits and stating the obvious says Hilary clinton. Peace is ‘enduring goal’ says Netanyahu: a piece of palestine lebbanon,syria etc In the UK terror fairy tale grows and spying becomes a way of life for 1000s Hello disparate ineffective voices, welcome to the fkn news Im fat bald and ugly here are the headlies tonight….

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Daniel J. Mitchell – USA: Drowning In Debt?

Filed Under (News) by on 24-08-2009

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Debating whether the United States has gone too far in accumulating debt, with Dan Mitchell, Cato Institute; Christian Weller, Center for American Progress; and CNBC’s Erin Burnett.
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