Author: Freedomwat.ch Staff

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Fund managers joining Buffett in preparing for an ‘ugly’ downturn

"Beinner highlights the increase of global debt, now upwards of $237 trillion and the way the debt has been dispersed as risks to the economy. Rather than banks holding most of the debt as it happened in the financial crisis, this time it’s hedge funds, private equity and investment managers holding most of it. Also worrisome, he says, ratings agencies are again being overly generous with their appraisals allowing for companies with very high debt levels to gain investment-grade ratings."

Continue ReadingFund managers joining Buffett in preparing for an ‘ugly’ downturn

Neocon think tank next to call out racist, pro-war roots of War on Drugs

"With its intention to destroy the black community and anti-war peace activists, which has certainly been 'successfully' achieved for the black community, the shamefulness of the War on Drugs is elevated to a much higher level of despicably, evil immorality."

Continue ReadingNeocon think tank next to call out racist, pro-war roots of War on Drugs

Inside the converted Walmart where the U.S. is holding nearly 1,500 immigrant children

"The policy of criminally prosecuting all who cross the border illegally is creating a new category of residents at these holding centers, young boys and girls who are grappling with the trauma of being unexpectedly separated from their mothers and fathers."

Continue ReadingInside the converted Walmart where the U.S. is holding nearly 1,500 immigrant children