Economics and Investing:


Some news from Tyler Durden, over at Zero Hedge: As Millions Of Venezuelans Try To Flee The Country They Run Into A Problem. Here is a quote: “…the nation now lacks the materials to meet the soaring demand for new passports – making it almost impossible to leave the socialist utopia.”

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The US government now has less cash than Google. (Sovereign man) Excerpt: “In fact the government has been extremely careful to keep the debt below $20 trillion in anticipation of another debt ceiling fiasco. One way they’ve done that is by burning through cash.”

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$21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode (The Economic Collapse Blog) Excerpt: “According to the International Monetary Fund, global debt has grown to a staggering grand total of 152 trillion dollars” – Sent in by B.B.

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Just so you know: Total U.S. debt and other obligations now total $69 trillion (Canada Free Press) “That’s 370 percent of GDP, but hey, why change anything we’re doing?” – Link sent in by B.B.

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New Oil Price War Looms As The OPEC Deal Falls Short. The OPEC-led production cut has been more robust than many analysts had predicted, but as last week’s crash shows, it has largely failed to achieve its key goals.

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