The US & Europe Will Collapse Regardless Of Economic "Contagion" Submitted by Brandon Smith via Alt-Market.com, In order to understand what is really going on around the globe in terms of the collapsing economy, we must set aside false mainstream versions of reality. When it comes to the EU and its current fiscal turmoil, it …
Category: Economy
Jun 26
Today’s News June 26, 2015
"Blood On The Streets": Chinese 'Nasdaq' Crashes Most On Record, Morgan Stanley Warns "Don't Buy This Dip" China's "Nasdaq" – the 90% small-cap tech-firm dominated CHINEXT is down 8.3% intraday – its biggest single-day loss ever… it is now down 27% from its highs! At the end of the morning session, there is blood …
Jun 25
Today’s News June 25, 2015
Iconic Dukes of Hazzard Car 'General Lee' Stripped Of Confederate Flag: "This Is A New Level Of P.C. Idiocy" Submitted by Mac Slavo via SHTFPlan.com, They’ve been pushing for it for over 150 years and this year the politically correct anti-Confederate flag movement may have finally achieved its ultimate goal. Following a racially driven shooting spree …
Jun 24
Alexis Tsipras—-Angel Of Mercy Or “Trusty” Of The Central Bankers’ Debt Prison?
Greece, Europe and the world are being crucified on a cross of Keynesian central banking. The latter’s two-decade long deluge of money printing and ZIRP has generated a fantastic worldwide financial bubble, and one which has accrued to just a tiny slice of mankind. That much is blindingly evident, but there’s more and it’s worse. The present replay of high noon on Greece’s impossible mountain …
Jun 24
Today’s News June 24, 2015
CNN Goes There: Asks If Thomas Jefferson Memorials Should Be Removed Because He Owned Slaves? As the Confederate Flag hysteria escalates, CNN's Ashleigh Banfield asks fellow CNN mouthpiece Don Lemon if it’s now appropriate for lawmakers to start a future conversation about whether or not the monument of Thomas Jefferson should be removed from the …
Jun 23
Today’s News June 23, 2015
Chinese Crash Continues After PBOC Cracks Down On Brokerage Liquidity Just when you thought it was safe to buy the 12% collapse (the biggest since Lehman) in Chinese stocks, they re-plunge another 3-4% with no dip-buyers evident. The drivers are twofold: first, China PMI beat expectations modestly (uh oh no more QDII, QE, PSL, etc.); …
Jun 22
Today’s News June 22, 2015
Is This Complacency, Idiocy, Or Both? Submitted by Mark St.Cyr, If one listens to the financial media mavens give their detailed analysis of late, you would have thought the The Onion™ decided to try its hand at TV and radio. Since last Friday as they anticipated the most recent “jobs” report with bated breath to …
Jun 21
Today’s News June 21, 2015
Paul Craig Roberts: "Washington Is Impotent To Prevent Armageddon" Submitted by Paul Craig Roberts, Paul Craig Roberts’ address to the Conference on the European/Russian Crisis, Delphi, Greece, June 20-21, 2015 ?Paul Craig Roberts, formerly Assistant Secretary of the US Treasury for Economic Policy, Associate Editor, Wall Street Journal, Senior Research Fellow, Stanford University, William E. …
Jun 20
Today’s News June 20, 2015
The Last Rebels: 25 Things We Did As Kids That Would Get Someone Arrested Today Submitted by Daisy Luther via The Organic Prepper blog, With all of the ridiculous new regulations, coddling, and societal mores that seem to be the norm these days, it’s a miracle those of us over 30 survived our childhoods. Here’s …
Jun 19
Today’s News June 19, 2015
California Has Never Experienced A Water Crisis Of This Magnitude – And The Worst Is Yet To Come Submitted by Michael Snyder via The Economic Collapse blog, Things have never been this dry for this long in the recorded history of the state of California, and this has created an unprecedented water crisis. At this …
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