Archive for June 7th, 2012

TheEconomicCollapseBlog.com Why is the economy going to collapse? Have you ever been asked that question? If so, what did you say? Sometimes it is difficult to communicate dozens of complicated economic and financial concepts in a package that the average person on the street can easily digest. It can be very frustrating to know... »

by Tyler Durden ZeroHedge.com 06/07/2012 A week ago, Zero Hedge first presented the now viral presentation by Raoul Pal titled “The End Game.” We dubbed the presentation scary because it was: in very frank terms it laid out the reality of the current absolutely unsustainable situation while pulling no punches. Yet some may have... »

By Greg McDonald NewsMax.com Thursday, 07 Jun 2012 House Budget Committee Chairman Paul Ryan says lawmakers have two years to get the nation’s debt under control “before we have a debt crisis like Europe is experiencing.” “What is going to happen is, just like Europe, politicians made all of these empty promises, which turned... »

Mike “Mish” Shedlock BusinessInsider.com Jun. 7, 2012 China surprised economists today with a surprise cut in interest rates by a quarter point, the first cut in rates since 2008. Just a couple of months ago, few analysts had forecast that Beijing would cut rates, believing that China was on track for a “soft landing”.... »

As Spain edges closer to a full sovereign rescue, economists have begun to doubt whether the EU bail-out machinery can raise such large sums funds at viable cost on global capital markets. By Ambrose Evans-Pritchard TelegraphUK 07 Jun 2012 While the International Monetary Fund thinks Spanish banks require €40bn or so in fresh capital,... »

KingWorldNews.com June 7, 2012 With central planners actively scrambling to address mounting problems facing the United States and Europe, and uncertainty continued uncertainty in global markets, today King World News interviewed legendary James Dines, author of The Dines Letter. Dines told KWN that “a collapse of Europe’s banking system is inevitable” and “the United... »

By ENENews June 7th, 2012 Fukushima Reactor Global Security Issue: Japanese Former Diplomat PanOrient News Thursday, June 7, 2012 The Fukushima Daiichi Nuclear Plant Number 4 reactor presents a security problem for the entire world, Mitsuhei Murata, Japan’s former ambassador to Switzerland said. Fukushima Daiichi plants are “not under control at all… and the... »

By Alex Thomas theintelhub.com June 7, 2012 The United States Air Force, through the use of unmanned aerial drones, is set to be deployed inside the United States to collect data, investigate places of interest, and share data with local police agencies. An unclassified Air Force Memo from late April documents the fact that... »

DutchSinse.com From radiationnetwork’s website, “Update: 6/6/12, 11:55 P.M. – Very high reading in South Bend, IN station this evening. Reason unknown. Station unresponsive to contact at this late hour. Since this same station has triggered the Alert system before, which Alerts may have been false, and because his current readings do not appear to... »

My Discussion With Him This Morning SteveQuayle.com June 7, 2012 SQ: What are you hearing on the cartel’s breaking point on silver manipulation and when do you think it ends. V’s answer: As the Euro collapses whether this summer or fall, I think there will be a complete stop to silver and gold manipulation... »