by Tyler Durden ZeroHedge.com 07/16/2012 In short: the recession is now here, just as it was in the fall of 2011 until global coordinated easing injected trillions and masked its impact, and will manifest itself unless the global central banks step up far more aggressively and tune out reality once again (this time with... »
Archive for July 16th, 2012
There’s Been A Dangerous Flare-Up Of Tensions In The South China Sea
Marc Chandler BusinessInsider.com Jul. 16, 2012 In terms of geopolitical risks, the Syrian and Iranian situations are well known, but what seems to be less appreciated is the flare up of tensions in the South and East China Seas. The Chinese frigate that ran aground on a shoal near the Philippines was refloated over... »
Iran: Plan To Close Strait of Hormuz Finalized
First week of October earmarked for attack? Paul Joseph Watson Prison Planet.com Monday, July 16, 2012 Iran has confirmed that its plan to close the Strait of Hormuz has been finalized and is ready to be put into action as soon as confirmation is received from Supreme Leader Imam Sayyed Ali Khamenei, amidst reports... »
The Weekend Is Over, And Corn Prices Are Soaring…(Got Long Term Storage Food?!!)
(For Goodness Sake…Order your foods HERE. Enter the code RR1 When you call!!) Joe Weisenthal BusinessInsider.com Jul. 15, 2012 This is the hottest bull market in the world: CORN! Thanks to the drought and the heat, corn prices are going through the roof, and in the opening of trading on this Sunday evening, prices... »
Prep for the Power Outage
Don’t Depend on Just Gas… by Eric Peters EricPetersAutos.com Having a generator for back-up power is great – unless you don’t have the fuel to run the generator. The irony of the back-up generator – most of them, at least – is that they run on gas. And what’s the item that’s usually hard... »
The Largest Natural Disaster In U.S. History: The Endless Drought Of 2012 Will Bake America Well Into August
EndOfTheAmericanDream.com Why is the heartland of the United States experiencing such a horrific drought right now? At the moment, approximately 61 percent of the entire nation is experiencing drought conditions, and this is absolutely devastating farmers and ranchers all over the country. Less than two weeks ago I wrote an article asking what would... »
These 12 Hellholes Are Examples Of What The Rest Of America Will Look Like Soon
TheEconomicCollapseBlog.com Do you want to see where this country is headed? If so, don’t focus on the few areas that are still very prosperous. New York City has Wall Street, Washington D.C. has the federal government and Silicon Valley has Google and Facebook. Those are the exceptions. The reality is that most of the... »