Archive for November 2nd, 2010

The Economic Collapse Nov 1, 2010 An eerie calm has descended upon world financial markets as they await perhaps the two most important financial events of the year this week. On Tuesday, investors will be eagerly awaiting the results of one of the most anticipated midterm elections in U.S. history. On Wednesday, the Federal... »

The hope has gone, the change never came – now people are just pissed off Steve Watson Prisonplanet.com Monday, Nov 1st, 2010 The image of one man begging on his knees as Obama’s convoy pulls away from a restaurant in Chicago yesterday speaks volumes about how far the man’s status has fallen in the... »

by George Washington ZeroHedge.com 11/01/2010 Bill Gross writes today: Check writing in the trillions is not a bondholder’s friend; it is in fact inflationary, and, if truth be told, somewhat of a Ponzi scheme. Public debt, actually, has always had a Ponzi-like characteristic. Granted, the U.S. has, at times, paid down its national debt,... »

by Tyler Durden BusinessInsider.com 11/01/2010 After German blog “All is Smoke and Mirrors” floated an idea of an organized bank run (something attempted previously in the US without much success) in France in response to French austerity protests which resulted in absolutely nothing, the effort has since expanded to a pan-European organized bank run... »