Congress raises debt ceiling to $12.4 trillion – AP

The Senate voted Thursday to raise the ceiling on the government debt to $12.4 trillion, a massive increase over the current limit and a political problem that President Barack Obama has promised to address next year. The Senate’s rare Christmas Eve vote, 60-39, follows House passage last week and raises the debt ceiling by $290 […]

Preparing for Global Collapse – by Vasko Kohlmayer

sink

The banks brace for an economic meltdown of epic proportions.