By Michael TheEconomicCollapseBlog.com April 2nd, 2013 Have you ever wondered how the big banks make such enormous mountains of money? Well, the truth is that much of it is made by gambling recklessly. If they win on their bets, they become fabulously wealthy. If they lose on their bets, they know that the government... »
Archive for April 2nd, 2013
The Big Banks Are Recklessly Gambling With Our Money, And It Will Cause The Global Financial System To Collapse
Concerned Officials Warn: “North Korea Could Explode a High-Altitude Nuclear Device Over the United States”
Mac Slavo April 2nd, 2013 SHTFplan.com North Korean dictator Kim Jong Un’s rhetoric over nuclear weapons and the possibility of war with the United States and its allies makes almost no plausible sense considering that their long range missile capabilities are lacking and their military hardware is reportedly outdated when compared to the militaries... »
System Designed To Collapse Ahead Of New World Currency
KingWorldNews.com April 2, 2013 Today Jim Sinclair spoke with King World News about the tremendous importance of the operation the central planners are executing in key markets right now. He also told KWN that the current financial system is designed to fail, ahead of the introduction of a new world currency. Below is what... »
Stockman On Bernanke’s Actions: “The Ultimate Consequence Will Be A Train-Wreck”
by Tyler Durden ZeroHedge.com 04/02/2013 There is “not a chance,” that the Fed will be able to unwind its balance sheet in an orderly manner, “because everybody is front-running ,” as the Fed is creating “serial bubbles,” that are increasingly hard to manage since “we’re getting in deeper and deeper every time.” David Stockman... »
CRISIS ALERT: Companies Are Expanding Without Adding Jobs, DOW Hit Record High But Corporate Earnings Are Shrinking, And Private Clients Are Propping Up The Stock Market While Everyone Else Is Selling
Investmentwatchblog.com April 2nd, 2013 Empty Walmart Shelves Show The Biggest Problem With The US Economy Walmart customers across the country are complaining that many stores have trouble keeping items stocked. This is being reported by Renee Dudley at Bloomberg News, who notes that the workforce has fallen by 120,000 since 2008, and that in... »
The Confiscation of Bank Savings to “Save the Banks”: The Diabolical Bank “Bail-In” Proposal
By Prof Michel Chossudovsky Global Research April 02, 2013 Is the Cyprus Bank “Bail-in” a “dress rehearsal” for things to come? Is a “Savings Heist” in the European Union and North America envisaged which could result in the outright confiscation of bank deposits? In Cyprus, the entire payments system has been disrupted leading to... »
Next Assault on 2nd Amendment: Mandatory Liability Insurance
Kurt Nimmo Infowars.com April 2, 2013 A New York Democrat is working to reduce the number of Americans legally owning firearms by mandating they obtain expensive insurance. In March, New York Rep. Carolyn Maloney boasted her proposed measure would be “the first bill to require liability insurance of gun buyers nationwide.” H.R. 1369, the... »
West Much Closer To Collapse As Gold War Continues To Rage
KingWorldNews.com April 2, 2013 On the heels of the Cypriot Finance Minister quitting and continued volatility in gold, today acclaimed money manager Stephen Leeb told King World News the West is much closer to collapse than it was even three weeks ago, and gold is being sold to mask the desperate situation the West... »
Take Your Money Out of the Bank, While You Still Can
Dave Hodges Activist Post.com Tuesday, April 2, 2013 It is now clear, the government of Cyprus was given two options by the IMF and the EU in which they were told that they could steal money from private bank accounts or they could leave the Eurozone all together and face total economic annihilation. This... »
When It Comes Time to Steal… They’re Coming After YOUR Money… This Is What Systemic Failure Looks Like… . And Eventually It Will Be Making Its Way Around The World As The Overleveraged Financial System Breaks Down
Investmentwatchblog.com April 2nd, 2013 by Phoenix Capital Research Cyprus should scare the living daylights out of everyone. Cyprus has shown us that when things get bad enough in Europe, bureaucrats will STEAL money from the people. That is bad enough as it completely goes against the central tenants of Capitalism and Democracy. Not to... »