Tim Ross, Holly Watt and Christopher Hope London Telegraph Feb 3, 2011 The United States threatened to take military action against China during a secret “star wars” arms race within the past few years, according to leaked documents obtained by The Daily Telegraph. The two nuclear superpowers both shot down their own satellites using... »
Archive for February 3rd, 2011
Brent Over $103 As Copper Hits Record Over $10,000
Thursday, February 3rd, 2011
by Tyler Durden ZeroHedge.com 02/03/2011 As suggested last night, the escalation in Egypt, together with more riot news out of Yemen, and fear that tomorrow’s Syrian “Days of Rage” will live up to their name, Brent Crude has pushed to the $103 psychological barrier (even as the Brent-WTI spread continue to be about $10,... »
Former Treasury Secretary is A-Scared; Should You Be?
Thursday, February 3rd, 2011
Brian Doherty Reason.com February 2, 2011 At the Davos World Economic Forum, the insider’s insider’s insider’s secret backdoor path to power, Robert Rubin, talks crazy scary talk that nutcase goldbugs have been warning for years, but never mind them, mind him. Quoted from the Economic Policy Watch blog, liberated from behind Financial Times’s paywall.... »
Irish bank flight quickens despite EU rescue
Thursday, February 3rd, 2011
Deposit flight from Irish banks accelerated sharply at the end of last year on fears of political turmoil, suggesting that the EU-IMF rescue package for Ireland failed to restore confidence. By Ambrose Evans-Pritchard Telegraph.co.uk 02 Feb 2011 Irish central bank data showed losses of €40bn (£34bn) in deposits from the key banks in December,... »
Egypt unrest rattles oil markets
Thursday, February 3rd, 2011
By Kathy Chu USA TODAY Oil prices soared past a key threshold of $100 a barrel Monday amid fears that violence in Egypt could disrupt the flow of oil or infect other parts of the Middle East. Brent crude – the benchmark for oil prices in Asia and Europe – closed up 1.6%, to... »
IMF Warns That Likelihood of Civil Wars is Increasing
Thursday, February 3rd, 2011
By Rocky Vega DailyReckoning.com 02/02/11 Stockholm, Sweden – The International Monetary FundÕs managing director, Dominique Strauss-Kahn, has pointed out that the global is economy is built upon a destabilizing and dangerous combination: emerging economies, where brisk growth has created two-tiered societies with rich and poor on hugely unequal footings, and developed nations, that are... »
Will the Muslim Brotherhood Close the Suez Canal?
Thursday, February 3rd, 2011
By JOEL HILLIKER theTrumpet.com February 2, 2011 Oil prices have spiked at just the possibility. Europe is keeping close watch. Almost immediately after angry Egyptians took to the streets last week, oil jumped to over $100 a barrel. It was the first time oil hit triple digits since the record spike to $147 two... »
Even Donald Trump Is Warning That An Economic Collapse Is Coming
Thursday, February 3rd, 2011
EconomicCollapseBlog.com In a shocking new interview, Donald Trump has gone farther than he ever has before in discussing a potential economic collapse in America. Using phrases such as “you’re going to pay $25 for a loaf of bread pretty soon” and “we could end up being another Egypt”, Trump explained to Newsmax that he... »
Ripping the Disguise Off Government
Thursday, February 3rd, 2011
Woods Removes the Veil by Jeffrey A. Tucker LewRockwell.com I’m very happy that my copy of Rollback arrived today. It is a very different book from what you would expect. Once again, Thomas Woods dealt with a publisher that packaged his book for a particular niche market but if you pay attention to the... »
The Fantasy of Democracy
Thursday, February 3rd, 2011
by Fred Reed LewRockwell.com They are going to lynch me. Already they gather at the gate, and they have a rope Maybe I can plea bargain down to tar and feathers. I doubt it, though. Some time ago I discovered Fox News (Honest: For the preceding ten years I didn’t have TV). Fox seemed... »