Archive for November 18th, 2011

Ramy Saadeh MarketOracleNov 18, 2011 The World is on the brink of a cataclysmic spiral that could make the Greek crisis look like a walk in the park. Interestingly, markets still seem very hushed about the emerging risks ahead; the final bell hasn’t rung yet, can this be it? The trigger of the dreadful... »

by Phoenix Capital Research ZeroHedge.com 11/18/2011 Something major is occuring in the markets today. The US economy peaked in 2007. However, throughout much of 2008, the stock market continued to rally despite the economic collapse as well as the financial system imploding. Throughout this period the credit markets jammed up and implied something VERY... »

by Tyler Durden ZeroHedge.com 11/18/2011 Guest Post via ChrisMartenson.com The global dominant narrative about China is wrong, claims Gordon Chang. Don’t expect it to be the ‘pocketbook of last resort’ that will rescue world markets from their current malaise. And don’t expect its remarkable economic growth to continue. In fact, expect a “hard landing”... »

Moscow in aggressive move to stop another “humanitarian intervention” Paul Joseph Watson Prison Planet.com Friday, November 18, 2011 Russian warships have entered Syrian territorial waters in an aggressive move designed to prevent any NATO-led attack on the country under the guise of a “humanitarian intervention”. “Russian warships are due to arrive at Syrian territorial... »

Washington’s Blog November 18, 2011 I noted yesterday: The Founding Fathers hated big corporations. See this, this and this. They were as suspicious of big corporations as they were the monarchy. So they only allowed corporate charters for a very brief duration, in order to carry out a specific, time-limited project. As James Madison... »

EconomicCollapseBlog.com Did you know that an average of 23 manufacturing facilities were shut down every single day in the United States last year? As World War II ended, the United States emerged as the greatest industrial power that the world has ever seen. But now America’s industrial might is being gutted like a fish... »

BY BOB ADELMANN TheNewAmerican.com A year ago Dagong Global Credit Rating reduced its rating on the sovereign debt of the United States from AA to A+. In August it dropped it another notch to A. In an interview on Saturday the agency’s chairman, Guan Jianzhong, said it is nearly inevitable that the agency will... »

New Italy PM wins confidence vote on tough reform plans By James Mackenzie and Gavin Jones Reuters.com (Reuters) – Italian Prime Minister Mario Monti comfortably won a vote of confidence in his new government on Thursday after promising rigor and fairness in painful reforms to dig the country out of a financial crisis that... »

By Ben Blanchard and Olivia Rondonuwu Reuters.com Tensions between the United States and China spilled over into meetings of Asia-Pacific leaders on Friday as the two countries jostled over how to handle competing claims to the South China Sea. Chinese Premier Wen Jiabao demanded that “outside forces” had no excuse to get involved in... »

Asian investors and central banks have begun to sell German bonds and pull out of the eurozone altogether for the first time since the debt crisis began, deeming EU leaders incapable of agreeing on any coherent policy. By Ambrose Evans-Pritchard Telegraph.co.uk Andrew Roberts, rates chief at Royal Bank of Scotland, said Asia’s exodus marks... »