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
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Exclusive Coverage – According to People Familiar, GM’s chapter 11 Filing Date Set for June 1st; Reaction with (Bloomberg News)
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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
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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
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The new bankruptcy finance laws are designed to protect banks and credit card companies, by allowing them to pursue any unpaid debts, for any amount of time, by garnishing wages or seizing ets. Discover how the new bankruptcy laws do not help the consumer with tips from a registered financial consultant in this free video on finance and investment.
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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
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Technorati Tags: 1929, bailout, bernanke, chris, collapse, course, crash, crisis, currency, depression, economic, economy, energy, exponential, fiat, finance, financial, gold, inflation, iraq, market, martenson, money, oil, paul, peak, renewable, ron, silver, stock, war