Archive for March 24th, 2011

Fukushima Raised To Level 6 On INES Scale: Now Officially More “Serious” Than 3 Mile Island

Thursday, March 24th, 2011

by Tyler Durden ZeroHedge.com 03/24/2011 According to Asahi Shimbun which is quoting the Japan NRC, the Fukushima event has just surpassed Three Mile Island in terms of seriousness, and has been upgraded from Level 5 “Accident with Wider Consequences” to Level 6 “Serious Accident.” Only Chernobyl is a Level 7 event. We believe Fukushima... »

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EXTREME WEATHER AND EARTHQUAKE DANGER IMMINENT around 23rd-27th March warns Piers Corbyn – Updating with news

Thursday, March 24th, 2011

WeatherAction.com The very active solar region which emerged from the SE limb of the sun on the morning of 21st March is crackling with dangerous activity including extreme UV radiation and up to 50Mev proton bursts and its appearance along with other active regions on the sun fits our WeatherAction.com long-range WARNING for significant... »

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The Dollar Will Collapse Within 3-4 Months

Thursday, March 24th, 2011

by Phoenix Capital Research ZeroHedge.com 03/24/2011 The US Dollar’s inflationary death spiral continues. We’ve now taken out the 2010 low leaving only two more lines of support before we’re in completely uncharted territory. At its current rate of collapse, the US Dollar will do this within the next 3-4 months. This means the greenback... »

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IMF Prepares For “Threat To International Monetary System”

Thursday, March 24th, 2011

by Tyler Durden ZeroHedge.com 03/24/2011 Back in April 2010, before Waddell and Reed sold a few shares of ES, effectively destroying the market on news that Europe was insolvent, we made the following observation: “The IMF has just announced that it is expanding its New Arrangement to Borrow (NAB) multilateral facility from its existing... »

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Should Residents Of Tokyo Be Preparing For Massive Radiation Exposure? 12 Disturbing Facts To Consider

Thursday, March 24th, 2011

EndoftheAmericanDream.com Does anyone really know what is going on at the Fukushima nuclear complex? When problems at the facility first surfaced, authorities promised that no significant amounts of radiation would be released. Then we were told that only those living within 20 kilometers of the complex needed to take precautions. After that we were... »

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18 Reasons Why You Can Stick A Fork In The New Home Construction Industry

Thursday, March 24th, 2011

EconomicCollapseBlog.com If you make your living by building or selling new homes in the United States, you might want to consider taking up a different career for a while. New homes sales in the United States hit yet another new all-time record low in the month of February, and there are a whole lot... »

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Radioactive Iodine In Fukushima Seawater Highest Ever, Reactors 5 And 6 Now Leaking Too

Thursday, March 24th, 2011

by Tyler Durden ZeroHedge.com 03/24/2011 And while futures rise as the market anticipates the latest central bank intervention to paper over the global financial insolvency, the radioactive fallout from Fukushima continues to worsen as Iodine 131 levels in the seawater hits the highest since the start of the crisis. “According to Tokyo Electric Power... »

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The Dollar Has Reached A Point Where Either Path Leads To A Stock Crash

Thursday, March 24th, 2011

By Charles Hugh Smith BusinessInsider.com The dollar has reached a point of double-bind for the Fed: push it down further or allow it to rise, it won’t matter: either way, stocks will fall off a cliff. I’ve got a funny feeling that all the ramp-and-camp, extend-and-pretend POMO games propping up stocks are about to... »

Posted in Economics | 1 Comment »

EU Summit Begins In Post-Portugal Collapse Chaos: What, If Anything, To Expect; A Look At Portugal’s Imminent €70 Billion Bail Out

Thursday, March 24th, 2011

By Tyler Durden ZeroHedge.com 03/24/2011 oldman’s Dirk Schumacher summarizes what to expect out of the EU Summit which begins today, and why following yesterday’s Portuguese government collapse, it may well be another toothless formality:”Yesterday’s resignation of the Portuguese prime minister Socrates, after parliament rejected the government’s consolidation program, does not necessarily imply that EU... »

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Crony Fascism Strikes Again

Thursday, March 24th, 2011

How the Federal Reserve is juicing speculators… again by David Stockman LewRockwell.com Someone has to stop the Fed before it crushes what remains of America’s main street economy. Last Friday morning alone it launched two more financial sector pumping operations which will harm the real economy, even as these actions juice Wall Street’s speculative... »

Posted in Corruption, Economics, Government Evil | No Comments »