Archive for September 21st, 2012

Zhang Zhaozhong accuses U.S. of using drills with Japan as practice for invasion Paul Joseph Watson Prison Planet.com September 21, 2012 A People’s Liberation Army Admiral has fanned the flames of tensions surrounding the island dispute between China and Japan by suggesting that China would comfortably defeat Japan in a war and that Beijing... »

SilverDoctors.com SEPTEMBER 21, 2012 The legendary Jim Sinclair has sent out an email alert to subscribers stating that the economic effects of QE3 will soon enter the markets in the next 90 days. Sinclair states that QE1 and QE2 were NOT failures, they prevented/forestalled the largest economic collapse in world history. Sinclair states that... »

KingWorldNews.com September 21, 2012 Today 40 year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News. Fitzwilson, who is founder of The Portola Group, warned, “It is particularly important to have a substantial allocation to the precious metals for the day when control is lost and chaos emerges.” “The good thing... »

by Tyler Durden ZeroHedge.com 09/21/2012 As we reported first thing this morning, Spain, while happy to receive the effect of plunging bond yields, most certainly does not want the cause – requesting the inevitable sovereign bailout. To paraphrase Italy’s undersecretary of finance, Gianfranco Polillo: “There won’t be any nation that voluntarily, with a preemptive... »

by Tyler Durden ZeroHedge.com 09/21/2012 Remember when we said cash flow is always more important than diluting the M2 (the Fed is great at the latter, powerless at the former)? Here’s why: The municipality of Acharnes in northern Athens has decided to suspend all of its operations after running out of money. The municipal... »

by Tyler Durden ZeroHedge.com 09/21/2012 Dick Fisher speaks: “Just recently, in a hearing before the Senate, your senator and my Harvard classmate, Chuck Schumer, told Chairman Bernanke, “You are the only game in town.” I thought the chairman showed admirable restraint in his response. I would have immediately answered, “No, senator, you and your... »

by Tyler Durden ZeroHedge.com 09/20/2012 …the pushback from Wall Street was intense and multi-pronged. The Blob oozed through the halls of government, seeking, through its glutinous embrace, to immobilize the legislative and regulatory apparatus, thereby preserving the status quo. The executive jets of the Wall Street air force flew sortie after sortie, transporting high-ranking... »

Investmentwatchblog.com September 20th, 2012 Starting next year, new rules will force banks, hedge funds, and other traders to back up more of their bets in the $648 trillion derivatives market by posting collateral. While the rules are designed to prevent another financial meltdown, a shortage of Treasury bonds and other top-rated debt to use... »

WashingtonsBlog.com September 21, 2012 We’ve repeatedly pointed out that there are many indicators which show that the last 5 years have been worse than the Great Depression of the 1930s, including: The housing slump The bank charge off rate The collapse in world trade The withdrawal of short-term credit The level of inequality between... »

TheEconomicCollapseBlog.com You can tell a lot about a nation by the condition of the infrastructure. So what does our infrastructure say about us? It says that we are in a very advanced state of decay. At this point, much of America is being held together with spit, duct tape and prayers. Our roads are... »