Economics

The Coming U.S. Economic Collapse Will Trigger a Revolution

Wednesday, August 27, 2014
By Paul Martin

By: Harry Dent MarketOracleUK Aug 19, 2014 When the next economic collapse comes, and it’s inevitable, the revolution against the upper class will kick into higher gear! Let me explain using my long-term economic cycle — the new 80-year, four season, Generation Wave — and an important 250-year cycle Just like the weather, the... »

What The Next Gold Confiscation Will Look Like

Wednesday, August 27, 2014
By Paul Martin

by Nick Giambruno ZeroHedge.com 08/27/2014 You may be familiar with the story of how the US government confiscated gold bullion and then made owning it illegal back in 1933. Actually this event is more accurately termed a nationalization. Americans were forced under harsh penalties to sell their gold at an artificially low “official price.”... »

Ex-White House Official – Tragedy, Chaos & Human Suffering

Wednesday, August 27, 2014
By Paul Martin

KingWorldNews.com August 27, 2014 Today King World News interviewed the former White House official who was Special Assistant to the President of the United States for Economic Policy and a former member of the U.S. President’s Working Group on Financial Markets, also known as the Plunge Protection Team, or PPT. While in the White... »

Ebola Devastates West Africa: Revenues Down; Markets Not Functioning; Projects Canceled; GDP Plunges 4%

Wednesday, August 27, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 08/27/2014 The market, in its infinitely rigged wisdom, has concluded that the worst Ebola outbreak in history is a non-event, even though it has put virtually all of western Africa on indefinite lockdown, and as Reuters reports, is “causing enormous damage to West African economies and draining budgetary resources.” In... »

Saxo Bank CIO Warns “It’s Time To Be Defensive… Very Defensive”

Wednesday, August 27, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 08/27/2014 “Germany will flirt with recession by Q4 of this year,” warns Saxo Bank’s Chief Economist Steen Jakobsen, adding that “the US is in worse shape than most people believe.” It’s important to underline, he notes, that major US investment houses, and certainly every single sales person we talk to,... »

FBI Said to Examine Whether Russia Tied to JPMorgan Hacking

Wednesday, August 27, 2014
By Paul Martin

By Michael Riley and Jordan Robertson Bloomberg.com Aug 27, 2014 Russian hackers attacked the U.S. financial system in mid-August, infiltrating and stealing data from JPMorgan Chase & Co. (JPM) and at least one other bank, an incident the FBI is investigating as a possible retaliation for government-sponsored sanctions, according to two people familiar with... »

The Nail In The Petrodollar Coffin: Gazprom Begins Accepting Payment For Oil In Ruble, Yuan

Wednesday, August 27, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 08/27/2014 According to Russia’s RIA Novosti, citing business daily Kommersant, Gazprom Neft has agreed to export 80,000 tons of oil from Novoportovskoye field in the Arctic; it will accept payment in rubles, and will also deliver oil via the Eastern Siberia-Pacific Ocean pipeline (ESPO), accepting payment in Chinese yuan for... »

Staring Into the Great Abyss

Wednesday, August 27, 2014
By Paul Martin

By GE Christenson GoldSeek.com Wednesday, 27 August 2014 Is a looming war coincident with a depressed gold price and a stock market peak an example of — staring into the great abyss? From Peter Cooper: “A five-year regime of artificially low interest rates is responsible for a bubble in stocks, bonds, real estate, emerging... »

Ebola virus: Imminent danger to banks, investments

Wednesday, August 27, 2014
By Paul Martin

Tribune.com.ng 27.Aug.2014 The last few weeks have seen a range of factors causing panic in investment markets across Africa. Latest worry to investors is the Ebola Virus Disease (EVD) outbreak. Though experts in the field of Medicine are optimistic that cure for the disease will soon be found, there are concerns that the fear... »

The DSKing Of Christine Lagarde: IMF Head Formally Charged In Fraud Probe

Wednesday, August 27, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 08/27/2014 Ah, the perils of European power politics. A day after France revealed its new government, the person who so eagerly stepped in after DSK’s infamous and choreographed fall from grace and the IMF presidency (not to mention his derailed French presidential ambitions, greenlighting Hollande as what would become the... »

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