As they prepare for holiday reading in Tuscany, City bankers are buying up rare copies of an obscure book on the mechanics of Weimar inflation published in 1974. By Ambrose Evans-Pritchard TelegraphUK 25 Jul 2010 Ebay is offering a well-thumbed volume of “Dying of Money: Lessons of the Great German and American Inflations” at... »
Archive for July 25th, 2010
Right, I’ll see your double dip and raise you an economic black hole
Sometimes expressions that dominate common parlance serve to cloud rather than to clarify the central issues. You cannot mention the huge level of government borrowing without someone saying, “So you mean that there is a fiscal black hole?” By Roger Bootle TelegraphUK 25 Jul 2010 Actually, I don’t see what is added to our... »
*JUST IN* Geochemist in Gulf says “When it rains, a lot of junk comes down from the particulate”
FloridaOilSpillLaw.com July 24th, 2010 Geochemist featured on PBS Newshour reports hydrocarbon remnants raining down near oil disaster University of California Santa Barbara scientist and marine geochemistry expert Dr. David Valentine participated in a 10-day expedition to research the BP oil disaster. Valentine noted that the area around the spill site “had a cloud of... »
Higher Taxes are Coming. Head for Your Bunkers.
The Mogambo Guru GoldSeek.com Sunday, 25 July 2010 In the calming environment of the Big Mogambo Big Is Better Bunker (BMBIBB), I can finally relax by sitting, armed to the teeth, amongst my puny trove of gold, silver and oil, idly trying to say, “Big Mogambo Big Is Better Bunker” five times quickly until... »
International Forecaster July 2010 (#7) – Gold, Silver, Economy + More
By: Bob Chapman GoldSeek.com Sunday, 25 July 2010 US MARKETS The talk of recovery pervades insider thinking. The major media worldwide plays the same refrain. This is a desperate attempt to befuddle the public with misdirected propaganda to preserve confidence in a system that is in a state of collapse. As CNBC leads the... »
China Calls Our Bluff: The US is Insolvent and Faces Bankruptcy as a Pure Debtor Nation
by Washington’s Blog Global Research July 25, 2010 America’s biggest creditor – China – has called our bluff. As the Financial Times notes, the head of China’s biggest credit rating agency has said America is insolvent and that U.S. credit ratings are a joke: The head of China’s largest credit rating agency has slammed... »
Censored Gulf news: US health and refugee humanitarian crisis. Day 100
Deborah Dupre’ Examiner.com “Those who evacuate now will have a greater chance at survival.” ~ Kimberly Dawley and AC Griffith Dr. Riki Ott, toxicologist and humanitarian, has advised that three tough choices exist for Gulf Coast residents: 1) Leave, 2) Stay and wear a respirator, or 3) Become painfully il. EPA whistleblower, Hugh Kaufman... »