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Debt Deflation

The Market Has Spoken: Austerity Is Bad for Business

Ellen Brown | Posted 10.09.2011 | Business
Ellen Brown

We have been sold the idea that there is a "debt crisis" when there is really a liquidity crisis. Paying down the federal debt when money is already scarce just makes matters worse.

Belief that U.S. Is in an Economic Depression Is Growing

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

Just this past week, economic media pundits as diverse as Paul Krugman and Ambrose Evans-Pritchard have warned that the United States is already in the initial phases of an economic depression.