KingWorldNews.com June 11, 2012 After the initial euphoria, following the Spanish bailout, European and US stock markets have surrendered early gains. Today King World News interviewed Bill Fleckenstein, President of Fleckenstein Capital, to get his take on where we’re headed. When KWN last spoke with Fleckenstein, he predicted that stocks would tank, and the... »
Archive for June 11th, 2012
‘Eurozone breakup will be more disastrous than 2008 economic crisis’ warns chief economist
TheExtinctionprotocol.com June 11, 2012 ECONOMY – Chief economic advisor Kaushik Basu has warned that if the Eurozone breaks up finally, it will be more disastrous than the 2008 global financial crisis triggered by the fall of the Wall Street banks, from which the global economy is yet to recover. “If Europe does slip into... »
Europe Brings Out The “Capital Controls” Bazooka…This is getting scary very fast.
by Tyler Durden ZeroHedge.com 06/11/2012 Here we go: EU SOURCES HAVE DISCUSSED IMPOSING CAPITAL CONTROLS AS WORST CASE SCENARIO IF GREECE LEAVES EUROZONE – RTRS IMPOSING BORDER CHECKS, LIMITING ATM WITHDRAWALS ALSO PART OF WORST-CASE SCENARIO PLANNING – EU SOURCES – RTRS SUSPENSION OF SCHENGEN ALSO DISCUSSED In other words, that money you thought... »
Cue Hyperinflation In 5… 4… 3…
by Tyler Durden ZeroHedge.com 06/11/2012 This pretty much says it all: BOE’S POSEN SAYS TIME FOR CENTRAL BANKS, INCLUDING BOE, TO BUY PRIVATE ASSETS. Buy. Real. Assets. Now »
Indiana First State to Allow Citizens to ‘Shoot Law Enforcement Officers’
Noel Brinkerhoff All Gov June 11, 2012 Police officers in Indiana are upset over a new law allowing residents to use deadly force against public servants, including law enforcement officers, who unlawfully enter their homes. It was signed by Republican Governor Mitch Daniels in March. The first of its kind in the United States,... »
Spain reaction: ‘This is a rescue for the rich. The poor will only get poorer’
It has become a common sight at Bankia branches across Spain since the banking group became the first last month to declare it needed a massive injection of funds to shore it up. By Fiona Govan TelegraphUK 10 Jun 2012 Mobs of angry citizens storming branches, banging saucepans and chanting slogans in noisy protests... »
Kashmir rocked by four earthquakes, no damage reported
TheExtinctionProtocol.com June 11, 2012 PAKISTAN – Four earthquakes, including one of 5.9 magnitude, shook Kashmir today but there was no damage to life or property reported from anywhere in the Valley. Three of the four tremors were felt within an hour this morning while the fourth was recorded in the afternoon, officials said. “Two... »
Guatemala’s Fuego volcano erupts for the second time in 2012
TheExtinctionProtocol.com June 11, 2012 GUATEMALA – The Fuego volcano, located about 50 kilometers (31 miles) south of this capital, on Sunday spewed a column of ash up to a kilometer (about 3,300 feet) high, a government agency reported. The National Vulcanology Institute said in a communiqué that the volcano, which rises 3,763 meters (12,230... »
GMO created foods are biological weapons
“We have a greenhouse full of corn plants that produce anti-sperm antibodies,” said Mitch Hein, president of Epicyte, a California-based biotechnology company. By Luis R. Miranda The Real Agenda Genetically modified organisms (GMOs) used to create food and crop seeds are true biological weapons to create infertility worldwide. There are several companies working in... »
“Is it one minute to midnight in Europe?”
ROUBINI AND FERGUSON: The Current EU Bailout Approach Is A Disaster Matthew Boesler BusinessInsider.com May 11, 2012 In an op-ed published on the Financial Times website Friday on the eve of the announcement of the Spanish bailout, economist Nouriel Roubini and historian Niall Ferguson wrote that the current approach to bailouts in the eurozone,... »