by Tyler Durden ZeroHedge.com 04/07/2013 As reported late on Friday, just as the market closed, the Portuguese constitutional court decided that several provisions of the country’s 2013 budget were not constitutional. According to the high court, cuts in wages and pensions of public employees were unfair (there’s that word again) because they targeted only... »
Archive for April 7th, 2013
THE ‘IT CAN’T HAPPEN HERE’ SYNDROME:Patrice Lewis tries to warn distracted Americans of looming economic crash
PATRICE LEWIS WND.com Here is a short quiz for you. Ready? What’s the current situation with Lindsay Lohan’s rehab? Who won the latest “Dancing With the Stars”? Name five celebrities with “baby bumps.” Explain how the Cypriot banking crisis could impact the European economy. If you answered the first three questions but are clueless... »
The day of reckoning for global total debt – total credit market debt up from $28 trillion in 2001 to $53 trillion in 2012. US consumer debt went up in last few months but largely because of giant amounts of student loan debt taken on.
MyBudget360.com You have to really question what passes for financial analysis these days. One financial show was discussing the recent increase in consumer debt as something positive. In the same breath this person also said that households increased savings. Now think about this statement. If you financed a $2,000 vacation on your credit card... »
NKorea may be preparing to test missile, US delays missile test over N Korea tensions, CHINA Warns UN “We will Not Allow Trouble On Our Doorstep”
Investmentwatchblog.com April 7th, 2013 SKorea: NKorea may be preparing to test missile SEOUL, South Korea (AP) — A top South Korean national security official said Sunday that North Korea may be setting the stage for a missile test or another provocative act with its warning that it soon will be unable to guarantee diplomats’... »
Biden: The ‘affirmative task’ before us is to ‘create a new world order’
Prison Planet.com April 7, 2013 Vice President Joe Biden calls for the creation of a “new world order” at the Export Import Bank conference in Washington on April 5, 2013. He also said the U.S. jobs figures for March are “disappointing.” Video...HERE »
The Clear Signs of a Global Inflationary Tsunami Are Already Visible Around the World
by Phoenix Capital Research Zerohedge.com 04/05/2013 Since the Financial Crisis erupted in 2007, the US Federal Reserve has engaged in dozens of interventions/ bailouts to try and prop up the financial system. Now, I realize that everyone knows the Fed is “printing money.” However, when you look at the list of bailouts/ money pumps... »
Mounting Unemployment in America, Hundreds of Thousands Drop out of the Workforce
By Andre Damon Global Research April 06, 2013 The US economy added 88,000 jobs in March, far fewer than the previous month and less than half the total economists had predicted, according to the Labor Department’s latest jobs report. The figures point to deepening slump in the United States and the continuing high levels... »
Surviving Survivalism – Live the Life! (100% Free eBook Download)…(Good Read!!)
Mac Slavo April 6th, 2013 SHTFplan.com Our friends Dan and Sheila at Surviving Survivalism have made their wildly popular book available for free as an electronic download to anyone who’s interested in learning more about what it takes to really live the prepper and survivalist lifestyle. Like many of us, they lived the suburban... »
Bank Holiday Drill? – Major Computer Malfunctions At Three Dutch Too Big To Fails
By Zen Gardner BeforeItsNews.com Saturday, April 6, 2013 This week three banks, ING, Rabo and SNS, simultaneously suffered major computer malfunctions, leading to a temporary closure of their on-line facilities. Their problems were ‘unrelated’. It is completely unprecedented. The chances of a coincidence are close to zero. For years some in the blogosphere have... »
The Knockout Blow People Will Not See Coming
by Simon Black ZeroHedge.com 04/06/2013 Have you ever done something really stupid, just because you were in love? Something you look back on and cringe, thinking “why on earth did I do that?” Of course. Who hasn’t? In the world of economics and finance, they call this ‘sentiment’. Consumer confidence, business confidence, investor confidence…... »