Submitted by Tyler Durden on 08/03/2015 - 16:30 When we insist that markets are broken and the equities have been consigned to the gambling casinos, look no farther than today’s filing by Alpha Natural Resources. Markets, which were this wrong on a prominent name like ANRZ at the center of the global credit boom, did not make a one-time mistake; they are the mistake. As it now happens, the global credit boom is over; DM consumers are stranded at peak debt; and the China/EM investment frenzy is winding down rapidly. Now comes the tidal wave of global deflation...
Why The U.S. Is the Next Greece: Doug Casey On America's Economic Problems
Submitted by Tyler Durden on 08/03/2015 - 19:30 "With these stupid governments printing trillions and trillions of new currency units," warns investor Doug Casey, "it's building up to a catastrophe of historic proportions." In an excellent brief interview with Reason magazine Editor-in-Chief Matt Welch, Casey expounds on the US noting that "as any institution gets larger and older it inevitably becomes corrupt and fails." What to do? "I wouldn't keep significant capital in banks," he exclaimed, "most of the banks in the world are bankrupt. That didn't stop the "brain dead" Greeks who left their money in banks as all the signs were on the wall, he notes as he addresses whether gold is a good investment in 2015, and offers back-handed bright side: Catastrophes create many opportunities to earn a profit.
Trump Tops Pre-Debate Polls, Slams Koch Conference Attendees As "Puppets"
Submitted by Tyler Durden on 08/03/2015 - 22:20 Another weekend of glad-handing and Sunday talk-shows and still The Donald dominates the GOP Presidential nominee race. With all eyes firmly glued on this week's debate, Trump had a few choice words for those who attended the Koch brothers' biannual conference (which he was not invited to), tweeting "I wish good luck to all the Republican candidates that traveled to California to beg for money etc. from the Koch Brothers... Puppets?" As WSJ reports, Mr. Trump poses a more delicate short-term challenge for the GOP, thanks to high name recognition, celebrity appeal and a populist message that taps a powerful anti-Washington vein. "I don’t think you should underestimate how frustrated people are," Florida Sen. Marco Rubio said Sunday during a lunch at the Koch gathering. "Mr. Trump has tapped into some of that."
by Pam Martens and Russ Martens, Wall Street on Parade:
William D. Cohan has joined Paul Krugman and Andrew Ross Sorkin at the New York Times in pushing the patently false narrative
that the repeal of the Glass-Steagall Act in 1999 had next to nothing
to do with the epic Wall Street collapse of 2008 and the greatest
economic calamity since the Great Depression. (See related articles on
Krugman and Sorkin below.)
The New York Times has already admitted on its editorial page that it was dead wrong to have pushed for the repeal of Glass-Steagall but now it’s dirtying its hands again by publishing all of these false narratives about what actually happened.
In a July 30 column, Cohan ridicules Senators Elizabeth Warren and John McCain over their introduction of legislation to restore the Glass-Steagall Act to separate insured deposit banks from their gambling casino cousins, Wall Street investment banks. The Senators are being joined in their call to restore Glass-Steagall by a growing number of Presidential aspirants, including Senator Bernie Sanders and former Governor of Maryland, Martin O’Malley, both running as Democrats.
Read More @ WallStreetonParade.com
William D. Cohan has joined Paul Krugman and Andrew Ross Sorkin at the New York Times in pushing the patently false narrative
that the repeal of the Glass-Steagall Act in 1999 had next to nothing
to do with the epic Wall Street collapse of 2008 and the greatest
economic calamity since the Great Depression. (See related articles on
Krugman and Sorkin below.)The New York Times has already admitted on its editorial page that it was dead wrong to have pushed for the repeal of Glass-Steagall but now it’s dirtying its hands again by publishing all of these false narratives about what actually happened.
In a July 30 column, Cohan ridicules Senators Elizabeth Warren and John McCain over their introduction of legislation to restore the Glass-Steagall Act to separate insured deposit banks from their gambling casino cousins, Wall Street investment banks. The Senators are being joined in their call to restore Glass-Steagall by a growing number of Presidential aspirants, including Senator Bernie Sanders and former Governor of Maryland, Martin O’Malley, both running as Democrats.
Read More @ WallStreetonParade.com
by Philippe Gastonne, The Daily Bell:
That the super-rich are not like you and me is no surprise. Among other differences, they have billions of Federal Reserve Notes to their name – more than they can possibly spend. How does one join them?
The author profiled in today’s article asks that question. He finds that massive wealth most often arises from having “some sort of scheme for defeating the forces of market competition.” Usually this includes “legal maneuverings” and “political influence.”
Your correspondent has long questioned the simplistic American narrative that working hard, thinking positively and having great ideas brings financial success. That theory simply doesn’t match the empirical evidence.
Read More @ TheDailyBell.com
That the super-rich are not like you and me is no surprise. Among other differences, they have billions of Federal Reserve Notes to their name – more than they can possibly spend. How does one join them?The author profiled in today’s article asks that question. He finds that massive wealth most often arises from having “some sort of scheme for defeating the forces of market competition.” Usually this includes “legal maneuverings” and “political influence.”
Your correspondent has long questioned the simplistic American narrative that working hard, thinking positively and having great ideas brings financial success. That theory simply doesn’t match the empirical evidence.
Read More @ TheDailyBell.com
In a recent article published by Robert F. Kennedy, Jr., titled Children at Risk – Vaccines, Government & Big Pharma’s Dirty Money,
[1] he highlighted the fact that every vaccine introduced to the
vaccine schedule guarantees its manufacturer millions of customers,
increasing vaccine revenue by billions of dollars. However, it appears
that a minimum of 56 doses of 14 vaccinations before the age of eighteen
is not quite lucrative enough for the pharmaceutical industry, as
according to Mr. Kennedy’s research, the CDC has 271 new vaccinations
under development in the hopes that vaccine revenues will reach a
staggering $100 billion by 2025.Kennedy called the Centers for Disease Control and Prevention (CDC) “a cesspool of corruption, mismanagement and dysfunction,” making it crystal clear to readers that financial gain fueled their decision making.
Read More
We’re right smack-dab in the middle of the federal government’s “Decade
of Vaccines” (2010-2020), and things couldn’t be moving any faster in
the direction of total medical tyranny. California Governor Jerry Brown
just signed into law SB 277 to force vaccines on nearly all school-age
children; some members of Congress are now pushing for a national
mandatory vaccination plan; and corporations and health groups all
across the country are increasingly ostracizing employees and other
individuals who refuse the jab.So why all this sudden hysteria over vaccines? It’s all part of the Healthy People agenda first hatched by the Office of Disease Prevention and Health Promotion (ODPHP) back in the late 1970s, which paved the way for what we’re seeing today with the mad rush to make sure everyone’s vaccinated. Part of the plan is to corral the masses into accepting all government-approved vaccines as safe and effective medicine through manipulation and even force, which is quickly coming to pass.
Read More @ NaturalNews.com
from Washington’s Blog:
A well-done animated guide to the 2014 study (often cited by Washington’s Blog) conducted by teams of researchers out of Princeton and Northwestern, looking at whether the US population can influence public policy. This is the largest study of the topic to date, looking at nearly 2,000 policy issues.
“The average American has a miniscule, near zero, statistically non-significant impact on public policy.”
A well-done animated guide to the 2014 study (often cited by Washington’s Blog) conducted by teams of researchers out of Princeton and Northwestern, looking at whether the US population can influence public policy. This is the largest study of the topic to date, looking at nearly 2,000 policy issues.
“The average American has a miniscule, near zero, statistically non-significant impact on public policy.”
[Ed. Note: This is just WAY too fun not to watch]
from TheAlexJonesChannel:
by Susan Jones, CNSnews:
“We have 9,000 community health centers that do everything that Planned
Parenthood does, but they don’t get into abortions,” Sen. Rand Paul
told CNN’s “State of the Union” with Jake Tapper on Sunday. “So it would
be much less emotional for everyone if we just funded community health
centers and didn’t fund Planned Parenthood.”
Paul is pressing a vote, scheduled for Monday, to defund Planned Parenthood and give the annual $500-million taxpayer contribution to other health care providers.
He called it “morally repugnant” for Planned Parenthood to perform abortions in a way that salvages the baby’s body parts for future sale, as was discussed in recently released undercover videos shot and edited by a pro-life group.
Read More @ CNSnews.com
“We have 9,000 community health centers that do everything that Planned
Parenthood does, but they don’t get into abortions,” Sen. Rand Paul
told CNN’s “State of the Union” with Jake Tapper on Sunday. “So it would
be much less emotional for everyone if we just funded community health
centers and didn’t fund Planned Parenthood.”Paul is pressing a vote, scheduled for Monday, to defund Planned Parenthood and give the annual $500-million taxpayer contribution to other health care providers.
He called it “morally repugnant” for Planned Parenthood to perform abortions in a way that salvages the baby’s body parts for future sale, as was discussed in recently released undercover videos shot and edited by a pro-life group.
Read More @ CNSnews.com
Connecticut On Its Latest Cash Grab: It’s Not Greed When We Do It
Submitted by Tyler Durden on 08/03/2015 - 21:50 Those possessing the anti-capitalist mentality — so ascendant in our culture today — often critique market actors as being solely motivated by “greed.” Surely economic systems based on nobler motivations, they say, would better promote the long-run interests of the planet. These ideas ran through my head when I read about the new probate court “fees” approved by the Connecticut legislature this month, reinforcing its status as being among the worst states in which to die. The “fees” were justified on an expected budget shortfall of $32 million that the legislature wanted to fill, but I wondered: Where was the outcry from the greed-police?filed under (unt
Every Hillary And Bill Clinton Speech Since 2013, With Fees
Submitted by Tyler Durden on 08/03/2015 - 21:07 Due to popular demand, we appended to the 2013 speech detail first released last week the full breakdown of Hillary's and Bill's 2014 and 2015 speeches which had been provided previously as part of her mandatory disclosure in May of this year. In summary since 2013 Bill Clinton has been paid $26.6 million for 94 speeches; Hillary's grand total is slightly less: $21.7 million for 92 private appearances.
Pictures Worth A Thousand Words: Coafeidian, The Chinese Eco-City That Became A Ghost Town
Submitted by Tyler Durden on 08/03/2015 - 20:30 "As precious as gold..." That was how then-president Hu Jintao described Caofeidian during his visit in 2006. It was pledged to be "the world’s first fully realised eco-city" – yet 10 years and almost $100bn later, only a few thousand inhabitants have moved to this land reclaimed from the sea.. as yet another 'centrally planed' idea is completely FUBAR.
Obama's Climate Fascism Is Another Nail In The Coffin For The U.S. Economy
Submitted by Tyler Durden on 08/03/2015 - 20:00 Is Barack Obama trying to kill the economy on purpose? He promised to fundamentally transform America, and he is doing it in hundreds of different ways. These new greenhouse gas regulations are just one example. Our nation is being gutted like a fish, and most Americans don’t seem to care. What in the world will it take for this country to finally wake up?Breaking Down China's $23 Trillion Debt Pile
Submitted by Tyler Durden on 08/03/2015 - 19:00
Jimmy Carter Rages At What The U.S. Has Become: "Just An Oligarchy With Unlimited Political Bribery"
Submitted by Tyler Durden on 08/03/2015 - 18:41 "It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. And the same thing applies to governors and U.S. senators and congress members. So now we’ve just seen a complete subversion of our political system as a payoff to major contributors, who want and expect and sometimes get favors for themselves after the election’s over."
First Default By U.S. Commonwealth In History: Puerto Rico Fails To Make Required Debt Payment
Submitted by Tyler Durden on 08/03/2015 - 18:39 "Due to the lack of appropriated funds for this fiscal year the entirety of the PFC payment was not made today. This was a decision that reflects the serious concerns about the Commonwealth's liquidity in combination with the balance of obligations to our creditors and the equally important obligations to the people of Puerto Rico to ensure the essential services they deserve are maintained."filed under (unt
by Dave Kranzler, Investment Research Dynamics:
“The
woman is a flat out liar,” he said. “She’s a woman who is devoted to
the dollar rather than the country. And I think her election would be a
disaster to the American people.” – G. Gordon Liddy, architect of the Watergate scandal – LINK
I find it absolutely mind-blowing that one of the leading front-runners to be the next President – Hillary Clinton – is someone who appears to have committed multiple felonies and high treason in her term as Obama’s Secretary of State. There is absolutely no question that she sold U.S. policy decisions to the highest foreign bidder in return for large “donations” to the Clinton Foundation.
Read More
“The
woman is a flat out liar,” he said. “She’s a woman who is devoted to
the dollar rather than the country. And I think her election would be a
disaster to the American people.” – G. Gordon Liddy, architect of the Watergate scandal – LINKI find it absolutely mind-blowing that one of the leading front-runners to be the next President – Hillary Clinton – is someone who appears to have committed multiple felonies and high treason in her term as Obama’s Secretary of State. There is absolutely no question that she sold U.S. policy decisions to the highest foreign bidder in return for large “donations” to the Clinton Foundation.
Read More
What's The Difference Between Hillary, Snowden And Manning?
Submitted by Tyler Durden on 08/03/2015 - 18:30 Having a security clearance comes with a certain amount of responsibility and those who are privy to potentially sensitive information are expected to exercise good judgement. In other words, whether or not the information carried a giant red "top secret" stamp isn’t the relevant question, nor is "no harm no foul" a legitimate after the fact defense. And that, apparently, is the difference between a Clinton and say a Manning or a Snowden - that is, holding Hillary (or any other member of what Jimmy Carter would call America’s "political oligarchy") to the same standards as everyone else turns out to be an uphill battle.
The leveraged gold futures derivatives market is knocking down the precious metal, yet in massive contrast, this drop has ignited a shopping frenzy according to gold coin dealers. I spoke with several friends and industry experts this week who confirmed the record sales numbers for the month. In fact, American Gold Eagle sales reached 161,500 ounces in July, the highest monthly figure since April 2013. What gives?
Gold often attracts conspiracy theories when it falls so abruptly, especially on Mondays. Interestingly, in a recent article on Zero Hedge, ABC Bullion out of Sydney, Australia, details some of the speculation behind the precious metal’s beat down, which I’ve also discussed in my blog.
Continue reading Rational Investors Say Gold Is On Sale
Fed Finally Figures Out Soaring Student Debt Is Reason For Exploding College Costs
Submitted by Tyler Durden on 08/03/2015 - 17:58 We are delighted to report that about 7 years after it was glaringly obvious to everyone except the Fed of course, now - with the usual half decade delay - even the NY Fed has finally figured out what even 5 year olds get. "A new study from the New York Federal Reserve faults these policies for enabling college institutions to aggressively raise tuitions. The implication is the federal government is fueling a vicious cycle of higher prices and government aid that ultimately could cost taxpayers and price some Americans out of higher education, similar to what some economists contend happened with the housing bubble."
"This Is The Largest Financial Departure From Reality In Human History"
Submitted by Tyler Durden on 08/03/2015 - 17:30 We have lived through a credit hyper-expansion for the record books, with an unprecedented generation of excess claims to underlying real wealth. In doing so we have created the largest financial departure from reality in human history. Bubbles are not new – humanity has experienced them periodically going all the way back to antiquity – but the novel aspect of this one, apart from its scale, is its occurrence at a point when we have reached or are reaching so many limits on a global scale. The retrenchment we are about to experience as this bubble bursts is also set to be unprecedented, given that the scale of a bust is predictably proportionate to the scale of the excesses during the boom that precedes it. Deflation and depression are mutually reinforcing, meaning the downward spiral will continue for many years. China is the biggest domino about to fall, and from a great height as well, threatening to flatten everything in its path on the way down. This is the beginning of a New World Disorder…
Fed Admits Economy Can't Function Without Bubbles
Submitted by Tyler Durden on 08/03/2015 - 17:00 The Fed would have needed to hike rates by 800 bps in the wake of the dot-com collapse in order to prevent the housing bubble. That would have purged the system and gradually, the FOMC could have eased by around 300 bps over the next four years. That policy course would have prevented the speculative bubble that brought capital markets the world over to their knees in 2008. And why didn’t the Fed do this? Because "such a large increase in interest rates would have depressed output more than the Great Recession did." In other words, thanks to Alan Greenspan, the US economy cannot function under a normalized monetary policy regime.Despite VIX Flash-Crash, Stocks Slammed As Crude Crashes To 5-Month Lows
Submitted by Tyler Durden on 08/03/2015 - 16:06
The World Explained In One Chart
Submitted by Tyler Durden on 08/03/2015 - 15:55 We could not have put it better - Progress indeed...
Comex On The Edge? Paper Gold "Dilution" Hits A Record 124 For Every Ounce Of Physical
Submitted by Tyler Durden on 08/03/2015 - 15:47 Something surprising happened on Friday afternoon: in the latest daily COMEX update 25,386 ounces of Registered gold had been "adjusted" out of registered and into eligible. This reduction in deliverable Comex gold pushed the amount of registered Comex gold to an all time low: at 351,519 ounces registered Comex gold has never been lower! It also means that as of Friday's close there was a whopping 123.8 ounces in potential paper claims to every ounces of physical gold.from Andrew Liebich:
by Steve Watson, Infowars:
In what can only be described as pure doublethink, as conceived by
George Orwell, Planned Parenthood is claiming that it works to PREVENT
abortions, rather than carry them out. In response to moves by
Republicans in Congress to defund the organisation, which receives over
half a million dollars per year in taxpayer funds, Planned Parenthood
tweeted the following: The tweet links to a New York Times report (The
Times has been running Planned Parenthood spin constantly in the wake of
the harvesting scandal) which claims that the $500 million Planned
Parenthood receives goes purely toward birth control and women’s health,
so will really LOWER the abortion rate. The article states:
In what can only be described as pure doublethink, as conceived by
George Orwell, Planned Parenthood is claiming that it works to PREVENT
abortions, rather than carry them out. In response to moves by
Republicans in Congress to defund the organisation, which receives over
half a million dollars per year in taxpayer funds, Planned Parenthood
tweeted the following: The tweet links to a New York Times report (The
Times has been running Planned Parenthood spin constantly in the wake of
the harvesting scandal) which claims that the $500 million Planned
Parenthood receives goes purely toward birth control and women’s health,
so will really LOWER the abortion rate. The article states:
The Guttmacher Institute, which studies reproductive health, calculates that Title X family planning centers prevent about one million unintended pregnancies
a year, of which 345,000 would have ended in abortion. It says that
every year Title X clinics avert some 53,000 cases of chlamydia and
8,800 cases of gonorrhea, and save the lives of 1,100 women who would otherwise die of cervical cancer.
Of course, the claims of Planned Parenthood that
suddenly an extra 345 THOUSAND abortions would happen every year if it
were defunded are laughable.
Read More @ Infowars.com
by Christina Sarich, Natural Society:
While the World Health Organization’s International Agency for Research on Cancer (IARC) is not a regulatory agency, their release of a full report
on glyphosate’s ability to cause cancer is making waves throughout the
world. Glyphosate is the key component in Monsanto’s Roundup.
There are more than 750 products for sale in the USA alone which contain glyphosate, the main ingredient in Monsanto’s herbicide that has been selling since the 1970s.
The agency is comprised of an international review board which determined that glyphosate is indeed carcinogenic. Considering that more than ‘80% of the biotech-created GM crops’ throughout the world were manufactured to be used with this herbicide – it would logically follow that the majority of our food supply is now contaminated by a cancer-causing agent(s).
Read More @ NaturalSociety.com
While the World Health Organization’s International Agency for Research on Cancer (IARC) is not a regulatory agency, their release of a full report
on glyphosate’s ability to cause cancer is making waves throughout the
world. Glyphosate is the key component in Monsanto’s Roundup.There are more than 750 products for sale in the USA alone which contain glyphosate, the main ingredient in Monsanto’s herbicide that has been selling since the 1970s.
The agency is comprised of an international review board which determined that glyphosate is indeed carcinogenic. Considering that more than ‘80% of the biotech-created GM crops’ throughout the world were manufactured to be used with this herbicide – it would logically follow that the majority of our food supply is now contaminated by a cancer-causing agent(s).
Read More @ NaturalSociety.com
by Philippe Herlin, Gold Broker:
Last week, when the Chinese central bank announced it was holding 1,658
tonnes of gold, the entire financial media came up with huge headlines
showing stupefaction about such an important increase since 2009, the
last time there was an official update (1,054 tonnes). An increase of
57% in six years… should we be astonished? Actually, this number is far
from being impressive: it only shows an 8% yearly increase, the same
number (also official) as GDP growth. There is not much risk in betting
that this number is cooked, largely under-estimated, and that the
financial media will be out of superlatives when the next official
announcement is closer to reality.
Read More
Read More
by Karl Denninger, Market-Ticker:
Read this folks, it’s spot-on.
His rise is not due to his supporters’ anger at government. It is a gesture of contempt for government, for the men and women in Congress, the White House, the agencies. It is precisely because people have lost their awe for the presidency that they imagine Mr. Trump as a viable president. American political establishment, take note: In the past 20 years you have turned America into a nation a third of whose people would make Donald Trump their president. Look on your wonders and despair.
m Read More
Read this folks, it’s spot-on.His rise is not due to his supporters’ anger at government. It is a gesture of contempt for government, for the men and women in Congress, the White House, the agencies. It is precisely because people have lost their awe for the presidency that they imagine Mr. Trump as a viable president. American political establishment, take note: In the past 20 years you have turned America into a nation a third of whose people would make Donald Trump their president. Look on your wonders and despair.
m Read More
from KingWorldNews:
With with a full-blown crash taking place in the Greek stock market,
today a legend in the business sent King World News a powerful piece
discussing how absolutely insane the stock market crash is in Greece.
He also discussed an imminent technical collapse in commodities and a
shocking story.
From Art Cashin’s notes: “On this day in 1945, an American Naval Ship made an amazing discovery in the Pacific waters between Guam and Leyte. What they discovered floating in the water, were the captain and crew of another American warship. These men were the few survivors of the U.S. heavy cruiser, Indianapolis.
Continue reading Collapse In Greece, Technical Collapse In Commodities, Crude Oil Struggles, Plus A Shocking Story
With with a full-blown crash taking place in the Greek stock market,
today a legend in the business sent King World News a powerful piece
discussing how absolutely insane the stock market crash is in Greece.
He also discussed an imminent technical collapse in commodities and a
shocking story.From Art Cashin’s notes: “On this day in 1945, an American Naval Ship made an amazing discovery in the Pacific waters between Guam and Leyte. What they discovered floating in the water, were the captain and crew of another American warship. These men were the few survivors of the U.S. heavy cruiser, Indianapolis.
Continue reading Collapse In Greece, Technical Collapse In Commodities, Crude Oil Struggles, Plus A Shocking Story
from Western Journalism:
Presidential candidate and billionaire businessman Donald Trump is
bucking the political establishment again by announcing that his
strategy for upcoming debates includes not hiring a debate coach. Trump
made the announcement in a CNN interview this week.
“I am what I am,” Trump said, adding that he has to be himself–and that it is OK if that isn’t good enough for the American people.
Trump said debate coaches haven’t helped a lot of candidates in recent years. He pointed out that both candidates Barack Obama and Mitt Romney had debate coaches and that neither fared well in debates.
Continue reading Trump Just Revealed His Debate Strategy, And It’s VERY Different Than Most Candidates
Presidential candidate and billionaire businessman Donald Trump is
bucking the political establishment again by announcing that his
strategy for upcoming debates includes not hiring a debate coach. Trump
made the announcement in a CNN interview this week.“I am what I am,” Trump said, adding that he has to be himself–and that it is OK if that isn’t good enough for the American people.
Trump said debate coaches haven’t helped a lot of candidates in recent years. He pointed out that both candidates Barack Obama and Mitt Romney had debate coaches and that neither fared well in debates.
Continue reading Trump Just Revealed His Debate Strategy, And It’s VERY Different Than Most Candidates
Have you noticed that there is a tremendous amount of Internet buzz
about the month of September 2015? Never before have I seen so much
speculation about what would happen in one particular month. Some
people believe that we will see an economic collapse next month, others
believe that there will be some sort of historic natural disaster, and
others are convinced that the judgment of God is coming.
So right now, large numbers of Americans are stocking up on emergency
food and supplies like crazy. Personally, I have never been more
concerned about any period of time as I am about the last six months of
2015. Several weeks ago, I expressed my belief that chaos will begin once the summer ends.
These are the last days of “normal life” in America, and just about
everything that we currently take for granted is about to be shaken.Read More…
from International Man:
“In
spite of all the rhetoric, we will go deeper in debt, the Fed will
print more money, and the value of the dollar will continue to plummet.” – Ron Paul
Never in history have the economic and political structures been so manipulated by those who are responsible for their safekeeping; never has so much been at stake, in so many countries, and facing collapse, all at the same time.
The great majority of people in the First World recognise that the world is passing through an economic crisis. However, most are under the impression that there are some pretty smart fellows running the show and all they need to do is tweak the system a bit more and we’ll return to happy days.
Read More
“In
spite of all the rhetoric, we will go deeper in debt, the Fed will
print more money, and the value of the dollar will continue to plummet.” – Ron PaulNever in history have the economic and political structures been so manipulated by those who are responsible for their safekeeping; never has so much been at stake, in so many countries, and facing collapse, all at the same time.
The great majority of people in the First World recognise that the world is passing through an economic crisis. However, most are under the impression that there are some pretty smart fellows running the show and all they need to do is tweak the system a bit more and we’ll return to happy days.
Read More
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