Smart Bankruptcy Guide » fiat

Crash Course: Chapter 13 – A National Failure to Save by Chris Martenson

Rod — Sun, 28 Jun 2009 03:08:21 +0000

Chapter 13 (A National Failure To Save): “The next twenty years are going to be completely unlike the last twenty years.” — Dr. Martenson. Chapter 13 begins his explanation for this deeply held belief. On every level of our society, there has been a failure to save. Individuals, cities, counties, states, and corporations have all failed to save, but, more importantly, so has our federal government. Our government has pursued a reckless policy of debt accumulation, while neglecting saving and investing, leading to Dr. Martensons claim that the United States is insolvent. Insolvency, which occurs when ones liabilities exceed ets, is first step on the road to bankruptcy.

http://www.chrismartenson.com

Duration : 0:12:7

[youtube Mrp1N1N2cWs]

Crash Course: Chapter 11 – How Much is a Trillion? by Chris Martenson

Rod — Sat, 13 Jun 2009 08:38:11 +0000

Chapter 11 (How Much Is A Trillion?): Recently, we have gotten used to hearing the word “trillion.” From trillions of dollars of government debt to trillion dollar bailout packages, we are spending enormous sums of money. However, most of us dont realize how much a trillion actually is. Dr. Martenson explains how much a trillion is using a few examples, such as a 67.9 mile high stack of $1,000 bills. As he concludes: “Make no mistake, a trillion is a very, very big number and we should not be lulled into complacency simply because it is too big to really get our minds around. That should drive us to action instead.”

http://www.chrismartenson.com

Duration : 0:3:29

[youtube caMRBGmja3w]

Crash Course: Chapter 13 – A National Failure to Save (2 of 2) by Chris Martenson

Rod — Mon, 04 May 2009 05:12:07 +0000

Chapter 13 (A National Failure To Save – Part 2 of 2): “The next twenty years are going to be completely unlike the last twenty years.” — Dr. Martenson. Chapter 13 begins his explanation for this deeply held belief. On every level of our society, there has been a failure to save. Individuals, cities, counties, states, and corporations have all failed to save, but, more importantly, so has our federal government. Our government has pursued a reckless policy of debt accumulation, while neglecting saving and investing, leading to Dr. Martensons claim that the United States is insolvent. Insolvency, which occurs when ones liabilities exceed ets, is first step on the road to bankruptcy.

http://www.chrismartenson.com

Duration : 0:4:35

[youtube ZuJIEscbKGI]

Crash Course: Chapter 13 – A National Failure to Save (1 of 2) by Chris Martenson

Rod — Fri, 20 Mar 2009 18:33:05 +0000

Chapter 13 (A National Failure To Save – Part 1 of 2): “The next twenty years are going to be completely unlike the last twenty years.” — Dr. Martenson. Chapter 13 begins his explanation for this deeply held belief. On every level of our society, there has been a failure to save. Individuals, cities, counties, states, and corporations have all failed to save, but, more importantly, so has our federal government. Our government has pursued a reckless policy of debt accumulation, while …

Duration : 0:7:40

[youtube lKn3jROgznM]