by Tyler Durden ZeroHedge.com 02/18/2011 A week ago, when we reported on a move by the Dutch central bank that ordered a pension fund to forcibly reduce its gold holdings, we speculated that “this latest gold confiscation equivalent event is most certainly coming to a banana republic near you.” And while we got the... »
Archive for February 19th, 2011
Rising Food Prices Push Up Inflation Significantly
by Maurizio d’Orlando of AsiaNews ZeroHedge.com 02/19/2011 A recently released report by the World Bank’s Food Price Watch confirms that rising agricultural products are sharply pushing up global food prices in lower-income nations (see “World food price uncertainty presents social risks,” in AsiaNews, 4 February 2011), especially among the poorest (where the poverty line... »
The Real Crisis That Will Soon Hit the US
by Phoenix Capital Research ZeroHedge.com 02/18/2011 Forget stocks, the real crisis is coming… and it’s coming fast. Indeed, it first hit in 2008 though it was almost entirely off the radar of the American public. While all eyes were glued to the carnage in the stock market and brokerage account balances, a far more... »
6 Charts Which Prove That Central Banks All Over The Globe Are Recklessly Printing Money
TheEconomicCollapseBlog.com If the U.S. dollar is being devalued so rapidly, then why does it sometimes increase in value against other global currencies? Well, it is because everybody is recklessly printing money now. The 6 charts which you are about to see below prove this. The truth is that it is not just the U.S.... »
Debt, Debt, Debt – 15 Facts About U.S. Government Finances That Are Almost Too Crazy To Believe
EndOf The AmericanDream.com If your family started spending nearly twice as much as it brought in every single year, how long do you think it would be before your family was completely and totally broke? Well, that is essentially what the federal government is doing. The U.S. government is so deep in debt at... »