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“Hidden Debt Loophole Could be Widespread”: Fitch

“Hidden Debt Loophole Could be Widespread”: Fitch Use of this financial instrument has ballooned. No one knows to what extent because there’s no disclosure. But it was a “key contributor” to the sudden collapse of outsourcing giant Carillion. As regulators and stiffed creditors were poking through the debris of collapsed outsourcing giant Carillion – once […]

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Five complete lies about America’s new $18 trillion debt level

Five complete lies about America’s new $18 trillion debt level. On October 22, 1981, the government of the United States of America accumulated an astounding $1 TRILLION in debt. At that point, it had taken the country 74,984 days (more than 205 years) to accumulate its first trillion in debt. It would take less than […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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