Commentary: Shaky psychology accompanies physical decline By Satyajit Das MarketWatch.com Aug. 2, 2012 SYDNEY (MarketWatch) — Dear Doctor: As requested, I have assessed the psychological condition of Mr. Global Economy, complementing earlier physical examinations. Mr. Economy appears delusional, believing complete recovery is imminent. Keynesian and Monetarist regimes, he believes, will boost demand and create... »
Archive for August 2nd, 2012
San Bernardino, California, files for bankruptcy with over $1 billion in debts
TheExtinctionProtocol.com August 2, 2012 CALIFORNIA – San Bernardino filed for bankruptcy protection on Wednesday citing more than $1 billion of debts and making it the third California city to seek protection from creditors. The city of about 210,000 residents 65 miles east of Los Angeles declared a fiscal crisis last month after a report... »
Richard Russell – Brutal Times, Here Is The Key Going Forward
KingWorldNews.com August 2, 2012 Today the Godfather of newsletter writers, Richard Russell, wrote about life during the Great Depression and the unknown but extremely important index that everyone needs to watch going forward: “The 30 Dow Industrial stocks portray the industrial capabilities of the US. But suppose there was an Index that portrayed the... »
Rex 84: Government Silently Positions for Martial Law as Financial Collapse Arrives in America
by Susanne Posel Global Research August 2, 2012 The US government has been scheming on how to provide for continuity of government for many decades now. According to Peter Santilli, an informant who is an ex-marine and worked on portions of the contingency plans known as Rex 84, civil unrest will come after a... »
Market Reaction – Gravity Bites As Draghi Serves Cold Plate Of Epic Disappointment
by Tyler Durden ZeroHedge.com 08/02/2012 As he began to speak the EUR rallied, EGBs rallied and ES rallied – last minute hopiness wrung out of the system, but as soon as he explained that his plan to promise a plan which plans to promise a solution was nothing but another promise and not an... »
Former Mossad Chief To Iranians: ‘Be Fearful Of The Next 12 Weeks’
Israel sees window of opportunity for Iran strike closing Paul Joseph Watson Prison Planet.com Thursday, August 2, 2012 Speculation that Israel and the United States may decide to launch an attack on Iran’s nuclear facilities have heightened after former Mossad chief Efraim Halevy told the New York Times, “If I were an Iranian, I... »