TheEconomicCollapseBlog.com Any financial system that is based on debt is doomed to fail. Today, we are living in the greatest debt bubble that the world has ever seen, and if all of a sudden people could not use credit to buy things our economy would immediately ground to a halt. Unfortunately, no debt bubble... »
Archive for February 14th, 2012
Greek economy spirals down as EU forces final catharsis
A Greek default and traumatic ejection from the euro moved a step closer last night after eurozone finance ministers cancelled a crucial meeting, accusing Athens of failing to flesh out austerity cuts. By Ambrose Evans-Pritchard TelegraphUK 14 Feb 2012 The escalating brinkmanship came as fresh data showed that Greece’s economy contracted by 6.8pc last... »
Final Solution: First Syria, Then Iran
by Larry Chin Global Research February 14, 2012 The multinational New World Order, led by the Anglo-American axis and Israel (spearheaded by the UN), are preparing a final conquest of the Middle East, Central Asia and Africa, with nuclear world war implications. Syria and Iran are being relentlessly destabilized. CIA operations have been continuous... »
Pandemic Stage Set – False Flag to Follow?
The Intel Hub Shepard Ambellas February 14, 2012 The potential for a weaponized flu pandemic release in the near future looms, not just from a terrorist, or diabolical ‘black bag’ standpoint — but, rather from an accidental angle. In fact, dangerous viruses are being created as you read this outside of the parameters and... »
White House Economic Adviser: ‘We Need a Global Minimum Tax’…(On To The “New World Order”)!
BY DANIEL HALPER WeeklyStandard.com FEB 13, 2012 Gene Sperling, director of the White House’s national economic council, said today at an official meeting that “we need a global minimum tax”: “He supports corporate tax reform that would reduce expenditures and loopholes, lower rates for people investing and creating jobs in the U.S., due so... »
Dreaming of World Government – One Hundred Years Ago
By Carl Teichrib Forcing Change FEBRUARY 13, 2012 The dream was straightforward. World peace would have to come via world government. To that end, a five-point document was presented to men of high political standing – men who shaped foreign policy, who wielded power in the top universities, who commanded industry, who represented the... »
World’s Biggest Biometric ID Scheme Forges Ahead
BBCUK The world’s largest biometric identity exercise, which is taking place in India, is well on its way to reaching its target of half the country’s population, reports the BBC’s Sanjoy Majumder. Jahangirpuri is one of the biggest slums in the Indian capital, Delhi, home mostly to rubbish pickers and daily wage labourers. Today... »
Massive Sunspot Has Doubled In Size In Recent Days Could Send Solar Storms Careening Toward Earth
By Daily MailUK A massive double-barrelled sunspot that has doubled in size in the past few days could now send a series of solar flares towards Earth. Though the severity of the disruption is yet unknown, some scientists are predicting the spot could send off medium-scale solar flares. These could cause radio blackouts and... »
RIOTS IN ATHENS COULD BE JUST THE START FOR EUROPE…(On To War!!)
By Stephen Pollard Express.co.uk Tuesday February 14,2012 IT IS understandable if you reacted to the pictures of rioting Greeks with a shrug of the shoulders and the thought: “Serves them right.” For decades the Greeks have spent far more than they earned, dodged their taxes and been endemically corrupt. Now that the game is... »
Inevitable US, UK, Japan, Euro Debt Downgrades Lead to Further Currency Debasement And Gold Safe Haven Demand
By: GoldCore Market Oracle Feb 14, 2012 Safe haven demand for gold continues due to concerns that Greece’s “bail out” is yet another short term panacea and Moody’s downgrade of various European nations’ ratings have reignited contagion fears. Greece is but a small pebble in the pond when compared to the huge levels of... »