Viewing articles by Greg Hunter

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, What is going on in the world today is both frightening and historic.  It is frightening because the amount of debt accumulated is orders of magnitude more than ever before.  It is historic because the way this finally shakes out will be considered a major turning point in modern… Read more »

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, On Monday, I said at the end of my post, “I think someday we will “grow” our way out of the economic mess we are in but not before a very big fall.”  I didn’t think the fall would come the very next day–but it did.  Two monster nukes… Read more »

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, Last week, the government announced the economy (gross domestic product, GDP) grew at a 2.5% rate.  The mainstream media (MSM) hailed this as some significant turnaround.  Businessweek.com reported, “Buoyed by a resurgent consumer and strong business investment, the economy expanded at an annual rate of 2.5 percent in the… Read more »

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, The U.S. stock market surged yesterday on news the European Union (EU) would deploy a two trillion euro rescue fund to help get its sovereign debt crisis under control.  This news was so good even battered Bank of America stock jumped more than 10%.  Crisis averted?  Hold on, not… Read more »

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, The meeting yesterday in Europe to come up with a plan to stem the sovereign debt crisis turned sour.  Zero was accomplished, except to put even more fear into the world over an impending financial meltdown that will likely be worse than the 2008 mushroom cloud.  The Telegraph UK… Read more »

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Greg Hunter’s USAWatchdog.com Dear CIGAs, I, and many others, have said when it comes to the economy, nothing has been fixed.  I thought Federal Reserve Chief Ben Bernanke underscored that fact when he spoke yesterday in Washington D.C. for the Joint Economic Committee.  Mr. Bernanke said in prepared remarks, “There have been some positive developments:… Read more »

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By Greg hunter’s USAWatchdog.com Dear CIGAs, I keep hammering away at the fact the Fed doled out $16 trillion in the wake of the credit crisis of 2008.  This is an enormous sum that is greater than the all goods and services produced in the U.S. in a single year.  Domestic banks and companies got… Read more »

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, Just about everywhere you turned yesterday, the mainstream media (MSM) was talking up the good news in the latest Case-Shiller Home Price Index report.  For example, the online version of USA Today had a headline that read “Spring buying boosts home prices, market still sluggish.”  The first line of… Read more »