by Phoenix Capital Research ZeroHedge.com 09/28/2011 As I’ve noted in recent missives to you, the world financial system has begun the Great Collapse: the Crisis I’ve been warning about for over two years. I wanted to take some time to explain what is going to be coming this way The first wave is going... »
Archive for September 28th, 2011
The Economy Is On The Ropes And Going Down
by Chris Martenson ZeroHedge.com 09/28/2011 The risk faced by those who are analyzing macro trends is sounding like a broken record. For those younger readers who have no idea what that means, imagine an MP3 song that will stick on and endlessly repeat a random segment of the song you are listening to until... »
Step Aside BBC “Trader”: Head Of UniCredit Securities Predicts Imminent End Of The Eurozone And A Global Financial Apocalypse
by Tyler Durden ZeroHedge.com 09/28/2011 Either the YesMen have infiltrated Italy’s biggest, and most undercapitalied, bank, or the stress of constant, repeated lying and prevarication has finally gotten to the very people who know their livelihoods hang by a thread, and the second the great ponzi is unwound their jobs, careers, and entire way... »
Rep. Ron Paul: The country is ripe for revolution
Karrah Kaplan CNN Sept 27, 2011 Republican presidential candidate Ron Paul rallied a sold- out crowd of more than 1800 of his most ardent under-thirty-year-old supporters in New York City Monday night. Tickets to the event cost $20-25. It was originally scheduled to take place at the famed Webster Hall’s Marlin Room, but, the... »
Former Governor Calls For Paul-Ventura Ticket
Jesse Ventura says libertarian alliance would create “incredible excitement” Paul Joseph Watson Prison Planet.com Wednesday, September 28, 2011 Former Minnesota Governor Jesse Ventura has sensationally called for Ron Paul to quit the Republican Party in order to form a Paul-Ventura libertarian ticket that can take on the establishment candidates in the race for the... »
17 Facts That Prove That The Average American Family Is Getting Absolutely Pulverized By This Economy
EcomomicCollapseeBlog.com How in the world does the average American family survive in this economy? The median household income is a little bit less than $50,000 a year right now. So let’s call that about $4000 a month. But before any of that money gets spent, you have to take out at least $1000 in... »
Cash is king no more… gold reigns
Price of yellow metal surges to $1,670 per ounce By Vicky Kapur Emirates247.com “Gold at $1,500 an ounce? Yeah, that’ll happen when the stars start falling from the heavens,” an investor friend of mine said recently in response to my article titled Gold price yo-yo: $1,500 to $10,000, anything is possible, which was published... »
Central Banks Aren’t Banks
By Michael S. Rozeff SilverBearCafe.com I am going to make a number of obvious statements that we all can agree are true, but what they add up to is a startling conclusion. What we call “central banks” are not banks at all. What is a bank? According to a helpful little essay on banks... »
Frau Merkel, it really is a euro crisis
By Ambrose Evans-Pritchard Telegraph.co.uk September 27th, 2011 Angela Merkel told German industry today that we are not facing “a euro crisis, but a debt crisis.” She is wrong. Total levels of private and sovereign debt in the eurozone are lower than in the UK, the US, and far lower than in Japan. Greece’s debt... »
Euro Tarp – Why It Will Be A Screaming Failure
by Tyler Durden ZeroHedge.com 09/27/2011 Is Dick Fuld running this show? The Eurozone bailout, now being referred to as Euro TARP, is doomed to fail. While nothing has been officially announced the markets are rallying broadly on the back of a news article published by CNBC on Monday. The details are lacking as to... »