Silent Crow News

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Posts filed under Economics

Financial Tyranny in Puerto Rico: The Puerto Rico Government and the Creation of the New Tax Police

Timothy Alexander Guzman, Silent Crow News – Puerto Rico has hit a brick wall. A financial tyranny is slowly emerging as desperation is starting to reflect on the Puerto Rican Government. Not only Puerto Rico’s underground economy will face a tax burden that will be enforced by the government, but also businesses, both small and… (read more)

Will South Africa Allow Shale Gas “Hydraulic Fracking” in the Karoo?

Timothy Alexander Guzman, Silent Crow News – South Africa is possibly moving forward with a plan to allow Shell Oil Company to explore and develop natural gases through the highly controversial ‘Hydraulic Fracking’ technology in the region of Karoo. The South African based company that produces liquid fuels, chemicals and electricity ‘Sosal’ is optimistic that… (read more)

Puerto Rico’s Debt Bomb. Could Puerto Rico become “The New Greece” in the Caribbean?

Timothy Alexander Guzman, Silent Crow News – Puerto Rico is heading towards a pivotal moment in history. Standard & Poor’s (S&P), a US-based credit rating agency located in New York City has decided to put the Government Development Bank of Puerto Rico concerning the island’s debt “on watch” concerning its credit rating according to a… (read more)

Wall Street Pirates of the Caribbean: Puerto Rico’s Public Pension System Teetering on Collapse as Retired School Teacher’s Face Cuts

Timothy Alexander Guzman, Silent Crow News – Protests erupted this past Thursday in San Juan, Puerto Rico’s capitol building. The ongoing economic stagnation of Puerto Rico continues with proposed pension cuts for retired public school teachers according to the Associated Press: The protest interrupted a special legislative session that Gov. Alejandro Garcia Padilla had called… (read more)

The Debt Matrix: Consumption and Modern-Day Slavery

“Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt” Henrik Ibsen Timothy Alexander Guzman, Silent Crow News – According to Oxford Dictionary the term Slave is defined as “a person who is the legal property of another and is forced to obey them” as in the… (read more)

China should Reduce its Holdings of US Treasuries, Diversify its Reserves, “There are Alternatives to Investing in the US Dollar”, Chinese Economist

Timothy Alexander Guzman, Silent Crow News – The US political crises and its Debt limit problem is a warning sign for China over its $1+Trillion it holds in US treasuries.  Although the crisis is temporarily resolved until January, uncertainties will still remain.  Before a deal was reached on Wednesday, Chinadaily.com reported that  “Even if the… (read more)

Has the US Dollar Lost its Credibility? Legitimate Concerns for the World’s “Reserve” Currency

Timothy Alexander Guzman, Silent Crow News – The confidence in the US dollar as the world’s reserve currency since the US government shutdown has continued its rapid decline.  On October 14th, started the third week of a US government shutdown reported that the US dollar fell against the Euro.  A deal involving a spending bill… (read more)