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debt crisis

06/26/2017 / By D. Samuelson

Illinois is about to declare a state of bankruptcy and seize all state pension funds, just as the Health Ranger repeatedly warned for the last year

The governor of Illinois, Republican Bruce Rauner, had some choice words for the press and his fellow legislative colleagues in the sixth month of 2017 as their two year discussions on the ever spiraling debt budget crisis came to another screeching deadlock. “We’re like a banana republic,” Gov. Rauner lamented, according to Fox News, after the state lawmaker’s legislative deadline passed. “We can’t manage […]

06/04/2017 / By JD Heyes

The world is drowning in debt… here’s why it will IMPLODE across the UK, USA and China in the near future

The United States, after eight years of George W. Bush and eight more under Barack Obama, is now sitting at $20 trillion in debt, an amount that is more than 104 percent of our country’s annual gross domestic product. That means if we dedicated every single penny to paying that debt off — which of […]

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