Archive for October 29th, 2011

EndOfTheAmericanDream.com Right now, about the only things that the American people can agree on is that they are angry and that they do not like the direction that this country is headed. Of course a lot of this is being caused by the economy. Unemployment is rampant, millions of families have been kicked out... »

by Tyler Durden ZeroHedge.com 10/29/2011 Two days ago we noted that foreigners are selling US paper at a record pace, whether to raise capital in a locked out liquidity environment like French banks, or to make a politicial statement, like China. Today we get the first confirmation to this from Norway’s Sovereign Wealth fund,... »

by Adam Taggart ZeroHedge.com 10/28/2011 What do you get when the producer of the world’s reserve currency takes on too much debt? Nothing less than the end of the US Treasury-based monetary system. So says Eric Jansen, economic and financial market analyst and proprietor of iTulip.com. In chronicling the decline of the global economy... »

EconomicCollapseBlog.com Once the euphoria of the initial announcement faded and as people have begun to closely examine the details of the European debt deal, they have started to realize that this “debt deal” is really just a “managed” Greek debt default. Let’s be honest – this deal is not going to solve anything. All... »