Here is a wonderful video example of the dire lack of transparency and accountabilty of the FED. Elizabeth Coleman -- the Inspector General of the FED -- easily avoids answering all questions when questioned by Rep. Allan Grayson in this video.

With both the US and Europe still in an unshifting deflationary spiral, the only question now being asked is whether these economies will finally be decimated by inflation or deflation.

Perhaps democracy and capitalism have run their time. With all the excesses and corruption still so apparent in the system, how can it survive economically?

Inside a visual representation of the health of the American economy. The charts show no adjustments, manipulations, alterations or exemptions - just the bare government figures. These figures are much worse than reported.

So it has finally happened. Next Monday, a UN panel of financial experts will be announcing and advising that the US dollar should give up its status as a world reserve currency. The impacts of this for America will be economically hard and difficult.

As the G20 approaches in London, Russia has just announced a large scale re-armament program for its armed forces, the Czechs have backed out of the US missile treaty and Russia will be using strategic bomber bases on Venezuela and Cuba.

Everywhere you read it - Iran deserves to be blown of the face of the earth because of her dangerous nuclear capability. Israel continually promises a pre-emptive attack on Iran soon. But so far....nothing.

Many wonder what Bernanke is doing to bring the US economy back under control again. News of his actual "discretionary spending" policies is never exposed to the public. When known and understood, Bernanke's policies seem very surprising and desperate.

Now living in the Philippines, I usually take every opportunity to explore what is on offer here. And I'm usually not disappointed. I've included many photos in this travelogue, since pictures are always far better than words.

Amid the economic misery and consternation in the Western markets, with America desperately trying to find some solid economic grounds for her re-emergence - here I examine the reasons why China seems to be doing so well and so remarkably quickly.

What are the other problems that America is facing outside her shores? And how will these problems affect her current financial crisis?

What are the differences between the European and American view of politics? Where does trust and patriotism end in terms of lifestyles? Are government freedoms rising alarmingly, while our individual freedoms are steadily and consistently being eroded?

The Yuan will soon replace the dollar as the new Asian Regional Reserve Currency. This confirms that China now will dump much of her trillions of dollars and Treasury Bills - a horrific switch for America with dangerous economic and US dollar impacts.

Ever wondered why we still have no cure for HIV, Cancer, Hepatitis, Leukemia, Alzheimers, the common cold or flu? Here I question the tenets of the Germ Theory and compare it to its ancient and forgotten competitor, The Terrain or Cellular Theory.

Is oil running out or not and is Peak Oil a true phenomenon? In this article I examine the dubious reasons for the promotion of The Peak Oil myth and the interplay between power, profit and money.

Is anybody out there fed up with their modern life? Sick to death of the Financial Crisis? Within this article I describe the reasons, costs, dos-and-donts etc. and many of the other benefits and advantages from my recent retirement to the Philippines.

We all know the IMF, WTO and the World Bank institutions well. Or do we? What are their rules, policies and covenants and who is their real Master? And how good is their record? This article might surprise you...

Protectionism is a dangerous route for any country to take, and particularly in these thin economic times. Even the excuse of national economic survival is not enough to support the eventual and inevitable harsh effects of tit-for-tat protectionism.

Everybody seems to believe in Hubbert's Peak Oil Theory. Why do you believe in this theory? Within this article I present fairly convincing evidence that Peak Oil is a theory based on a false premise - that oil is a finite resource.

With no tangible improvement so far in the US or other global economies, Americans must be wondering what real beneficial effects the bailout is having. What can President Obama do for Main Street?