Tag Archives: Massive

Chicago Levies PlayStation Tax To Pay For Bankrupt Municipal Pension System And Massive Deficits – Confounded Interest

Chicago IL (should be ILL) is the poster child for an insane pension program (mostly to municipal workers and public school teachers). But not only in the city of Chicago, but the state of ILLinois as well. Consider that the unfunded liability in the state’s combined retirement systems has risen in 11 of the state’s past 12 years—despite a roaring ...

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Is Ford About To Announce A Massive 25,000 Jobs Cut? This Morgan Stanley Report Thinks So

Morgan Stanley has just published a report that further justifies the short-term bull case for autos while possibly infuriating Trump. Here are the details… from Zero Hedge On a day when US and European auto stocks rallied (at the expense of shares of their Chinese competitors) following President Trump’s tweet (since complicated by comments from Kudlow and Mnuchin) that China might ...

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GE’s massive debt is ‘critical’ to corporate America

Aly Song | Reuters A man takes a picture of a General Electric (GE) engine during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 6, 2018. How General Electric (GE) resolves its debt problem will be “critical” to the wider Investment Grade (IG) market, an analyst said Monday. The General Electric ...

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Congressionally Mandated New Report Urges Massive US Military Increases

Authored by Eric Zuesse via The Strategic Culture Foundation, The Commission on National Defense Strategy for the US has just released to Congress its report “Providing for the Common Defense”, and it opens: “In the National Defense Authorization Act of 2017, Congress charged this Commission with providing an independent, nonpartisan review of the 2018 National Defense Strategy and issues of US ...

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Massive Loan And Debt Crisis Ahead – The Bubble Will Pop!

This massive loan & debt bubble isn’t isolated to just one country. It’s a global bubble, and it’s going to pop. Here are the details on the coming crisis… by Josh Sigurdson and John Sneisen of World Alternative Media Josh Sigurdson talks with author and economic analyst John Sneisen about the massive loan crisis happening world wide as investors, banks ...

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