Greek prime minister fails to form unity government as police battle rioters in Athens and shares tumble over default fears Ian Traynor in Brussels, Helena Smith in Athens The Guardian.uk Thursday 16 June 2011 Greece’s 18-month sovereign debt crisis brought the government to the brink of collapse as public fury over savage austerity measures... »
Archive for June 15th, 2011
The Extinction of Retirement
By: Michael Pento Market Oracle Jun 15, 2011 For the better part of a century the foundations for a semi-comfortable retirement for many Americans have rested on the financial pillars of rising real estate and equity prices, positive real interest rates on savings, the continued solvency of public and private pension plans, and the... »
Financial and Economic Collapse is Coming! Are You Ready?
Gerald Celente Market Oracle Jun 15, 2011 Everything is not all right. And things are going to get worse … much worse. The economy is on the threshold of calamity. Wars are spreading like wildfires. The world is on a razor’s edge. Not so, say world leaders and mainstream media experts. Yes, there are... »
Peak Oil: The Long & The Short
BY JAMES QUINN FinancialSense.com 06/15/2011 Does it seem like we’ve been here before? A barrel of Brent Crude (the truest indicator of worldwide oil scarcity) sits at $118, up from $75 per barrel in July 2010 – a 57% increase in eleven months. In the U.S., the average price of gasoline is $3.69 per... »
Why The Wheels Are Falling Off China’s Boom
by Charles Hugh Smith ZeroHedge.com 06/15/2011 The rot in China’s economy is deeper than inflation and malinvestment. Despite their many differences, the economies of China and the U.S. share a number of key traits: both are corrupt, rigged, crony-Capitalist, rely on phony statistics and propaganda and operate with two sets of rules: one for... »
Earth may be headed into a mini Ice Age within a decade
Physicists say sunspot cycle is ‘going into hibernation’ By Lewis Page TheRegister.ok 14th June 2011 What may be the science story of the century is breaking this evening, as heavyweight US solar physicists announce that the Sun appears to be headed into a lengthy spell of low activity, which could mean that the Earth... »
Beijing battling protest fires on all fronts
The Australian June 15, 2011 An eruption of protests throughout China has sent armoured vehicles into town centres, prompted an internet blackout by the government and left thousands across the country blogging about “crazy” violence on the streets. The summer surge of protests, which flared in the southern industrial hub of Zengcheng over the... »
5 More Companies Detect Radiation In Their Tea Above Legal Limits Over 300 KM From Fukushima
by Alexander Higgins Alexander Higgins Blog June 15, 2011 5 more companies, over 300km from Fukushima, detect radiation in their tea above legal limits after the Governor initially refused to test the tea for radiation. 10 year-olds forced to pick raw tea leaves in the rain, make it and drink it as part of... »
Arnie Gundersen – Nebraska Nuclear Plant: Emergency Level 4 & Getting Worse – June 14, 2011
YouTube.com Fort Calhoun near Omaha, Nebraska “On June 6, 2011, the Fort Calhoun pressurized water nuclear reactor 20 miles north of Omaha, Nebraska entered emergency status due to imminent flooding from the Missouri River. A day later, there was an electrical fire requiring plant evacuation. Then, on June 8th, NRC event reports confirmed the... »
Solar Threat: We’ll Have Minutes to Respond; Government Plans Controlled Blackouts; Elite Contingency Plans
Mac Slavo June 14th, 2011 SHTFplan.com While many will claim that solar storms are an unrealistic threat to our world, the governments of the United States and the United Kingdom aren’t taking any chances. According to a report put together by Alex Thomas of The Intel Hub, the threat is not only real, but... »