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Keyword: collapse

Brevity: Headers | « Text »
  • Who Caused Baltimore’s Collapse?

    05/18/2015 9:17:02 AM PDT · by Texas Fossil · 48 replies
    The Federalist ^ | May 18, 2015 | Newt Gingrich
    A better future for poor Americans trapped in Baltimore and across the country must start with a fact-based analysis of how we got here and who has been responsible. Fact: The last Republican city council member in Baltimore City left office in 1942. That is 73 years of solid Democrat city councils. Fact: The last Republican mayor of Baltimore City left office in 1967. That is 48 years of unbroken Democrat control of the mayor’s office. Fact: The Maryland Senate is currently 33 Democrats to 14 Republicans. Fact: The Maryland House is currently 90 Democrats to 50 Republicans. Fact: The...
  • Major U.S. Retailers Are Closing More Than 6,000 Stores

    05/03/2015 4:02:11 PM PDT · by dennisw · 142 replies
    zerohedge ^ | 05/02/2015 | Michael Snyder
    Submitted by Michael Snyder via The Economic Collapse blog, If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores? The “retail apocalypse” that I have written about so frequently appears to be accelerating. As you will see below, major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable. So if this is happening already, what are things going to look like once the next recession strikes? For a long time, I have been pointing to 2015 as a...
  • Parking garage collapses at the Watergate

    05/01/2015 6:32:49 PM PDT · by markomalley · 17 replies
    Washington Business Journal ^ | 5/1/2015 | Rebecca Cooper
    D.C. fire and emergency officials were working to shore up a portion of a parking garage that collapsed this morning at the Watergate complex on Virginia Avenue NW. D. C. fire spokesman Tim Wilson said it will take several hours to shore up the structure, a step necessary for emergency responders to be able to search the garage for anyone who may be trapped, WTOP reports. Three stories of the garage, which was under renovation, collapsed atop each other in a "pancake" effect.
  • Partial building collapse in downtown Cleveland

    04/13/2015 2:14:18 PM PDT · by Las Vegas Dave · 15 replies
    19actionnews ^ | 4/13/2015 | VARIOUS
    Partial building collapse in downtown Cleveland, Cleveland Fire crews are on the scene of a partial building collapse on East 6th Street near Vincent Avenue in downtown Cleveland.
  • Failure to Protect U.S. Against Electromagnetic Pulse Threat Could Make 9/11 Look Trivial Someday

    04/07/2015 9:26:37 AM PDT · by Tolerance Sucks Rocks · 67 replies
    Forbes ^ | July 31, 2014 | Peter Kelly-Detwiler
    Exploding A Nuclear Bomb In The Sky Creates An Interesting Phenomenon In 1962, during the depths of the Cold War, the U.S. military exploded a nuclear weapon high above an atoll in the Pacific Ocean. Dubbed Operation Starfish, this exercise was part of a larger project to evaluate the impacts of nuclear explosions in space. The missile, launched from Johnson Island, 900 miles from Hawaii, was armed with a 1.4 megaton warhead, programmed to explode at 240 miles above the earth. It detonated as expected. What was not entirely expected was the magnitude of the resulting electromagnetic pulse (EMP). The...
  • The Russian Navy is on the verge of collapse

    04/02/2015 1:31:20 AM PDT · by Hugin · 24 replies
    The Week ^ | 04/01/15 | David Axe
    Today the Russian navy possesses around 270 warships including surface combatants, amphibious ships, submarines, and auxiliaries. On paper, that is. But that count includes many ships that are inactive and in poor material condition plus scores of small patrol vessels with very limited combat capability. Of the 270 ships, just 125 or so are in a working state. And of those 125, only around 45 are oceangoing surface warships or submarines that are in good shape and deployable. All the above figures come from Dr. Dmitry Gorenburg of the Davis Center for Russian and Eurasian Studies at Harvard University. By...
  • Elegant Black Girls of the 80s Make Graceless Hip-Hop Generation Look Like Complete Slobs

    03/23/2015 9:37:38 AM PDT · by Reaganite Republican · 59 replies
    Reaganite Republican ^ | 22 March 2015 | Reaganite Republican
    No tats/angst/mutant posterior/glorification of stupidity-  and the music was better, too: And note Whitney, Sade, et. al. sporting cross necklaces... what a difference 30 yrs can make for an imploding culture: [gallery/video] ______________________________________________ Frompo   mTV   Wikipedia Commons   VanessaWilliams.com
  • Screwed-Up People Who Really Screwed-Up Their Face (Disturbing Body Modifications)

    03/19/2015 9:11:13 AM PDT · by Reaganite Republican · 40 replies
    Reaganite Republican ^ | 19 March 2015 | Reaganite Republican
    More 'progress' and cutting-edge style  from Obama-voter-types... next level s#!% here! Just wrong 'Glass-lense' piercing- why [more: gallery/links]
  • US does not want to see Syrian regime 'collapse': CIA

    03/14/2015 3:06:49 AM PDT · by Paid_Russian_Troll · 24 replies
    AFP/Yahoo ^ | Daniel de Luce
    New York (AFP) - CIA Director John Brennan said the United States does not want to see a chaotic collapse of the Syrian regime as it could open the way to Islamist extremists taking power. The spy agency chief said Washington had reason to worry about who might replace President Bashar al-Assad if his government fell, given the rise of the Islamic State group and other jihadists in Syria. "I think that's a legitimate concern," Brennan said when asked if the US government feared who might succeed Assad. Speaking at an event at the Council on Foreign Relations, he said...
  • Prepare-We are at the Verge of Collapse Says Jonathan Cahn Author of "Mystery of the Shemitah"

    03/08/2015 12:04:14 PM PDT · by Jack Hydrazine · 66 replies
    GoogTube ^ | 24FEB2015 | Greg Hunter
    Best-selling author Jonathan Cahn says you better get ready for “a great shaking.” Cahn, whose new book titled “Mystery of the Shemitah,” says, “The Bible says a prudent man prepares. What do you do? I am not a financial expert, but I will speak for myself . . . in general, I would not be putting my stock in the stock market or have things attached to it. . . . You should also have essentials in store so if there is a collapse of not only markets but of infrastructure and services, and these things should break down, that...
  • Ukraine To Halt Currency Trading Again Any Minute

    02/26/2015 8:22:47 AM PST · by tcrlaf · 14 replies
    Zerohedge ^ | 2-26-2015 | Durden
    With Prime Minister Yatsenyuk putting his foot down and squeezing the central bank to lift capital controls, Ukraine's currency is totally collapsing this morning. Up over 5 handles to a fresh record low of 33.75/USD, we suspect currency trading will be halted any minute. While we discussed the endgame for Ukraine last night, on the street, things are dire with ATM lines, shelves emptied, and local currency exchanges marking up levels dramatically more than the 'official' rates... The 'independent' Central Bank halted currency trading, and then the government screamed... "I learned this morning on the Internet that the National Bank...
  • US Macro Collapses To 11-Month Lows, Russia Dumps 20% Of It's U.S. Treasury Holdings And Buys Gold

    02/20/2015 3:59:57 AM PST · by alexmark1917 · 22 replies
    US Macro Collapses To 11-Month Lows, 88% Of Data Has Missed In February Despite the total and utter cognitive dissonance of talking-heads on mainstream media channels, the US economic data is not 'strong', is not 'goldilocks', is not 'decoupled', is not 'solid'. In fact, it's absolutely terrible. Bloomberg's US Macro data indicator which tracks both beats-and-misses and improvement/deterioration in data - is at 11-month lows. February alone has seen 29 data items miss expectations (from retail sales to industrial production)with only 4 data points beating expectations (including the constantly revised nonfarm payrolls data which so many hang their hat on)....
  • The Case Against Imminent Economic Collapse: “They Can Keep Bailing Things Out for Several More...

    02/17/2015 1:36:33 PM PST · by blam · 45 replies
    SHTF Plan ^ | 2-17-2015 | Joel Skousen
    The Case Against Imminent Economic Collapse: “They Can Keep Bailing Things Out for Several More Years Without Fear of Collapse” Joel Skousen February 16th, 2015 Editor’s Note: The following commentary comes to us from Joel Skousen, a well respected geopolitical analyst and Strategic Relocation expert. We see evidence of an impending collapse of the global financial and economic systems on an almost daily basis. From falsified statistics to an almost unfathomable series of never-ending monetary machinations, all signs point to something being horrifically wrong, not just with the economy but the entire global paradigm as it exists today. By all...
  • Two More Harbingers Of Financial Doom That Mirror The Crisis Of 2008

    02/15/2015 10:11:44 PM PST · by Jack Hydrazine · 63 replies
    The Economic Collapse Blog ^ | 12FEB2015 | Michael Snyder
    The stock market continues to flirt with new record highs, but the signs that we could be on the precipice of the next major financial crisis continue to mount. A couple of days ago, I discussed the fact that the U.S. dollar is experiencing a tremendous surge in value just like it did in the months prior to the financial crisis of 2008. And previously, I have detailed how the price of oil has collapsed, prices for industrial commodities are tanking and market behavior is becoming extremely choppy. All of these are things that we witnessed just before the last...
  • Teacher Pensions Going To Kill Us All

    01/28/2015 5:49:29 PM PST · by Tolerance Sucks Rocks · 27 replies
    The Daily Caller ^ | January 27, 2015 | Blake Neff
    Teacher pensions are a huge and growing crisis waiting to explode without major reforms, warns a new report released Tuesday by an educational think tank.“Do the math on teacher pensions and it just doesn’t add up,” argues the National Council on Teacher Quality in its report, Doing the Math on Teacher Pensions. Total unfunded teacher pension liabilities in 2014 were a whopping $499 billion dollars, the group found. That amount is surging rapidly; in 2012, the total was just $394 billion, meaning that pension debt is growing by over $50 billion a year.Some states are in a particularly huge hole....
  • The Collapse of Europe? The European Union May Be on the Verge of Regime Collapse

    01/27/2015 3:00:01 PM PST · by alexmark1917 · 14 replies
    INVESTMENT WATCH BLOG ^ | Worker Ant #11
    The Collapse of Europe? The European Union May Be on the Verge of Regime Collapse Europe won the Cold War. Not long after the Berlin Wall fell a quarter of a century ago, the Soviet Union collapsed, the United States squandered its peace dividend in an attempt to maintain global dominance, and Europe quietly became more prosperous, more integrated, and more of a player in international affairs. Between 1989 and 2014, the European Union (EU) practically doubled its membership and catapulted into third place in population behind China and India. It currently boasts the world’s largest economy and also heads...
  • While You Were Sleeping, Lehman Just Happened...

    01/21/2015 2:51:17 PM PST · by alexmark1917 · 24 replies
    The "Deflationary Vortex": Global Dollar Economy Suffers Biggest Plunge Since Lehman, Down $4 Trillion One of the macroeconomic observations that has gotten absolutely no mention in recent months is the curious fact that while global economic growth has not imploded in recent quarters, it is because GDP has been represented, as is customary, in local currency terms. Of course, this comes as a time when local currencies (at least those which are not the USD) have been plunging against the greenback on the back of the expectations that the Fed will hike rates some time in the summer or later...
  • This Chart Makes It Look Like It's All Over In Venezuela

    01/15/2015 9:50:14 PM PST · by blam · 37 replies
    BI ^ | 1-15-2014 | Linette Lopez
    <p>Collapsing oil prices have a turned a difficult economic situation into a dire one. Oil exports brought in 60% of the country's revenue.</p> <p>Wall Street is watching and waiting, which is why the spread on Venezuela's 5 year credit default swap — basically debt insurance — has spiked. You just don't see charts like this everyday people.</p>
  • Greece Scrambles To Prevent Deposit Run Goldman Warned About In Its "Worst Case"

    12/29/2014 8:21:15 AM PST · by GilGil · 11 replies
    Zerohedge ^ | 12/29/2014 | Tyler Durden
    Stripping all the political correctness, what Goldman said is that unless Greece quickly folds back in line and does as unelected Brussels eurocrats demand, there may well be a Cyprus-style bank closure coupled with preemptied bank runs. Oops. Because if that was the doubled-down bluff, then Greece just called it, and the "downside scenario" is now in play. Which means Greece now has to scramble to avoid precisely what Goldman warned would happen if the Greeks dared to put their (meagre) savings at risk. And, case in point, here is the Greek finance minister rushing to squash the next steps,...
  • Big Banks Will Take Depositors Money In Next Crash -Ellen Brown

    12/11/2014 11:14:26 AM PST · by GilGil · 87 replies
    USAWathdog ^ | 12/10/2014 | Ellen Brown
    "... if you had a big derivatives bust that brought down JP Morgan or Bank of America, there is no way there is going to be collateral left for the FDIC or for the secured depositors. This would include state and local governments. They all put their money in these big banks. So, even though we are protected by the FDIC, the FDIC is not going to have the money. . . . This makes it legal for these big 30 banks to take our money when they become insolvent. They are too-big-to-fail. This was supposed to avoid too-big-to-fail, but...
  • $100 Trillion American Economic Collapse with Jim Rickards

    12/11/2014 8:11:12 AM PST · by Ghost of SVR4 · 11 replies
    Youtube ^ | Oct 21, 2014 | Jim Rickards
    I don't know too much about Jim Rickards, just found this to be an interesting video about the overall economy and some tidbits about what our government agencies are up to. The video is a 45 minutes long interview of sorts and discussion. Just posting in the event other are interested.
  • Global Strategist: Judgment Day Is Coming: “This Will Be The Most Important Event Of Our Lives”

    11/17/2014 10:44:21 AM PST · by blam · 71 replies
    SHTF Plan ^ | 11-17-2014 | Mac Slavo
    Mac Slavo November 16th, 2014 There are few events that could lead to a truly cataclysmic upheaval of the global order. Right now, half a world away and out of the view of most Americans, exactly such developments have been set into motion. These events are so significant that they promise to shape the geopolitical landscape for decades to come. And, should the trend continue unabated it is only a matter of time before the American way of life as we have come to know it is no more. So says Casey Research Chief Global Strategist Marin Katusa in his...
  • Former Goldman Banker Reveals The Path To The Next Depression And Stock Market Collapse

    11/12/2014 6:26:38 AM PST · by blam · 17 replies
    Zero Hedge ^ | 11-12-2014 | Tyler Durden
    Tyler Durden 11/11/2014 A funny thing happened on the way to the ‘end’ of the multi-trillion dollar bond buying program known as QE - the Fed chronicles. Aside from the shift to a globalization of QE via the European Central Bank (ECB) and Bank of Japan (BOJ) as I wrote about earlier, what lingers in the air of “post-taper” time is an absence of absence. For QE is not over. Instead, in the United States, the process has simply morphed from being predominantly executed by the Federal Reserve (Fed) to being executed by its major private bank members. Fed Chair,...
  • The Economic Endgame Explained

    11/12/2014 9:31:54 AM PST · by Jack Hydrazine · 18 replies
    PersonalLiberty.com ^ | 11NOV2014 | Brandon Smith
    Throughout history, in most cases of economic collapse the societies in question believed they were financially invincible just before their disastrous fall. Rarely does anyone see the edge of the cliff or even the bottom of the abyss before it has swallowed a nation whole. This lack of foresight, however, is usually not the fault of the public. It is, rather, a consequence caused by the manipulation of the fundamental information available to the public by governments and social gatekeepers. In the years leading up to the Great Depression, numerous mainstream “experts” and politicians were quick to discount the idea...
  • Economist: Financial Collapse Will Cause Civil Unrest to Erupt In America By 2016

    11/08/2014 10:47:19 AM PST · by blam · 63 replies
    SHTF Plan ^ | 11-8-2014 | Paul Joseph Watson _ Martin Armstrong
    Paul Joseph Watson November 7th, 2014 Economist Martin Armstrong is predicting that rising resentment against the status quo as a result of economic inequality is likely to cause a serious political uprising before 2016. “It looks more and more like a serious political uprising will erupt by 2016 once the economy turns down. That is the magic ingredient. Turn the economy down and you get civil unrest and revolution,” writes Armstrong. In making the forecast, the economist cites the case of 90-year-old World War 2 veteran Arnold Abbott, who is being targeted by authorities in Fort Lauderdale for defying a...
  • Ebola is an Economic Catastrophe

    10/22/2014 7:31:36 AM PDT · by Kaslin · 45 replies
    Townhall.com ^ | October 21, 2014 | Wayne Allyn Root
    Everyone has it wrong. Americans are frightened to death of the medical implications of Ebola- as well they should be. I’ve never in my lifetime seen a disease that has infected and killed so many healthcare professionals.Unfortunately I might have also been the first American to experience damage from Ebola to my “personal economy” 2 weeks ago. As a branding expert, I speak at business conventions and conferences all over the world. I had already been booked for weeks as the keynote speaker for an event in Dallas in early November. Then came the announcement that Thomas Duncan was being...
  • Hyper-Liberal Daily Kos: 'Obvious' that 'Republicans are Going to Win -and They're Going to Win BIG'

    10/21/2014 3:14:23 AM PDT · by Reaganite Republican · 65 replies
    Reaganite Republican ^ | 21 October 2014 | Reaganite Republican
    +50 GOP seats in the House - 'Armageddon' in the Senate A demoralized contributor to the Daily Kos has laid-out the cold, hard truth for any residual hopenchangey-types out there harboring dreams of Obama's ceaseless fundraising somehow riding in and saving-the-day...  That ain't gonna happen: rather, expect for the Democratic party -decimated perhaps now for years by the failed/nutty Obama agenda- to get their butts kicked all up-and-down the field in midterms just two weeks from today. And the wiser minds on the other side have sussed this by now- Dear Leader's approval is bouncing on a floor of all-time-lows, disillusioned...
  • Europe must drop the euro, Germany abandon mercantilism

    10/20/2014 2:25:51 PM PDT · by EBH · 5 replies
    UPI ^ | 10/20/2014 | Peter Moricici
    Europe faces yet another recession, and the prospect is shaking global financial markets. To eliminate the persistent threat of collapse, Europe must drop the euro, and Germany must abandon mercantilism. When the euro was adopted in 1999, domestic prices -- the face values for bonds and loans -- and bank accounts were translated into euros according to prevailing exchange rates for national currencies at the time. Initially, the single currency posed few significant problems. Over time, however, differences in labor market policies and geographic conditions that are difficult for governments to alter caused productivity to grow more rapidly in Germany...
  • Lower oil prices are unambiguously good

    10/17/2014 9:03:36 PM PDT · by Abakumov · 41 replies
    Human Events.com ^ | October 18, 2014 | Larry Kudlow
    Steep stock market corrections often create shrouds of pessimism that do bad things to people’s brainpower. And one of the absolutely stupidest things I have heard in recent weeks is that the recent drop in oil prices is bad. You heard me right. Serious people on financial television are saying lower oil prices are a signal of worldwide economic collapse. Here at home that translates to recession, deflation, a profits collapse and rising unemployment. I’ve been around for a while, and I’ve seldom heard such gibberish. The latest stock market scare stems from a bunch of fears — such as...
  • U.S. and UK to test big bank collapse in joint model run

    10/10/2014 5:57:53 PM PDT · by driftdiver · 16 replies
    Reuters ^ | Oct 10, 2014 | Randall Palmer and Douwe Miedema
    Oct 10 (Reuters) - Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday. Treasury Secretary Jack Lew and the UK's Chancellor of the Exchequer, George Osborne, on Monday will run a joint exercise simulating how they would prop up a large bank with operations in both countries that has landed in trouble. Also taking part are Federal Reserve Chair Janet Yellen and Bank of England Governor Mark Carney,...
  • US Hiring Plummets Most Since June 2010, Fewest Hires Since Polar Vortex Ground Economy To A Halt

    10/09/2014 8:17:41 AM PDT · by GilGil · 2 replies
    Zerohedge ^ | 10/7/2014 | Tyler Durden
    There was, however, a big problem. Because while according to the BLS survey employers have almost never had more open positions, they have also decided to put an abrupt stop to hiring, something which certainly points to a major disconnect in the US labor market.
  • Kirsten Powers: Surely There Are Piss Boys to Take Care of This Sort of Thing

    10/07/2014 2:08:55 AM PDT · by Cincinatus' Wife · 23 replies
    The American Thinker ^ | October 7, 2014 | Deborah C. Tyler
    On October 3, on the Fox News program Outnumbered, Kirsten Powers said she was very surprised that the vomitus and feces of Liberian national Thomas Duncan were not immediately cleaned up, but remained in an apartment complex in the Dallas area for about 10 days. She said, in effect, surely there are people standing ready in the United States to clean up immigrants’ lethal bodily fluids. Thomas Duncan is not to blame for the crisis of viruses popping up across the United States – the politics of Kirsten Powers are to blame. In her widely read articles and statements, Ms....
  • Ebola Play-Out Scenarios in the United States

    10/02/2014 8:27:26 PM PDT · by ProtectOurFreedom · 77 replies
    Self ^ | 10/2/14 | Self
    I'm surprised that I haven't seen any wargaming thoughts on how Ebola Virus is going to play-out in the US in the coming weeks, months and years. Watching how Duncan was managed in Texas does not give me any confidence that the feds or state health authorities have a clue what to do and are totally disorganized and unprepared. This is surprising given the fact we've had almost 40 years of knowledge of and experience with hemorrhagic viruses from Central Africa including Marburg, Lassa, and Ebola. You'd think that every health agency in the country would have figured out how...
  • The Number Of Volcanic Eruptions Is Increasing And That Could Lead To An Extremely Cold Winter

    09/19/2014 3:51:07 PM PDT · by blam · 71 replies
    TEC ^ | 9-16-2014 | Michael Snyder
    By Michael Snyder, on September 16th, 2014Volcanic Eruption The number of volcanoes that are erupting continues to rise, and scientists cannot seem to explain why this is happening. In 2013, we witnessed the most volcanic eruptions worldwide that we have ever seen in a single year, and this increased activity has carried over into 2014. In recent months, we have seen major volcanoes roar to life in Russia, Peru, Hawaii, Reunion Island, Indonesia, and all over Alaska. It is highly unusual for so many volcanoes to all be erupting at the same time. According to Volcano Discovery, a whopping 34...
  • China near collapse?

    08/31/2014 8:05:08 PM PDT · by marktwain · 88 replies
    Propublica.org comment ^ | 27 August, 2014 | BiberWallgoal
    I am a Chinese working as a China analyst at a think tank. It is becoming more and more apparent to many people, that the ruling Chinese Communist Party (CCP) knows it is on its last straw of survival. The party is facing severe and endlessly increasing systematic stress on all fronts: 1. Increasing external oppositions from all other countries in the world including all of China's neighbours. They are forming more and more alliances and becoming more outspoken with rising strengths against China, in addition to increasing anti-China sentiment from people in all other countries. Many countries including Canada...
  • Gerald Celente: Politics is showbiz for ugly people

    08/26/2014 6:05:26 PM PDT · by GilGil · 17 replies
    Youtube ^ | 08/20/2014 | Gerald Celente
    What is driving the mad march toward World War III? Gerald Celente and Rick discuss the question.
  • As Argentina Peso Plummets To Record, BofA Warns Of Looming Economic Crisis

    08/26/2014 10:03:45 AM PDT · by blam · 6 replies
    Zero Hedge ^ | 8-26-2014 | Tyler Durden
    Tyler Durden 08/26/2014 After spending time in Argentina, BofA's Marcos Buscaglia is concerned... The perception of many locals is that the risks of an economic/currency crisis before year-end have increased significantly. This compares to a view they had before of a muddle-through till the 2015 presidential elections. Policy decision-making is ever more concentrated, and the administration has radicalized, but the severe economic downturn will change political incentives in 2015, in BofA's view. With the official peso rate at record lows once again, the black-market Dolar-Blue tumbled to over 14/USD - a record low indicating dramatic devaluation ahead (which of course,...
  • I’m expecting the next crisis rather sooner than later

    08/24/2014 6:50:35 PM PDT · by GilGil · 22 replies
    Finanz und wirtschaft ^ | 8/19/14 | Christoph Gisiger
    So what’s really going on? We are in a structural depression that began in 2007 and will continue indefinitely. A lot of people don’t understand the definition of an economic depression. They believe that it means a continuous decline in GDP. Put differently: If two quarters of declining GDP mark a recession than a depression must be a long string of declining GDP. But that’s not the definition. A depression does not mean that you have no growth. You can have growth in a depression, it just means the growth is below trend. But all the policy makers think we’re...
  • Global Panic - U.S. Federal Government Stockpiling Ammo – Here’s What We’re Going to Do

    08/24/2014 10:43:52 AM PDT · by blam · 18 replies
    Market Oracle - Money Morning ^ | 8-24-2014 | Shah Gilani
    August 24, 2014 By: Money_Morning Shah Gilani writes: This is a warning. I’m not kidding.I heard something yesterday that blew me away. My friends know I like to target shoot. I don’t hunt, because I can’t kill anything living, but I like guns. Maybe it has something to do with wanting to be James Bond when I was a kid… OK, I still want to be 007. As other target shooters know, it’s gotten harder and harder to get ammunition. Fo a few years now, all kinds of stuff have been going around on the Internet about why ammunition is...
  • We’re going to kill the dollar. White House, DoJ & Treasury don't deny Obama staffer statement

    08/19/2014 5:29:27 AM PDT · by Opinionatedtoday · 38 replies
    When a senior Obama member allegedly told Kyle Bass, the founder and principal of the $2 billion hedge fund, Hayman Capital Management, “We’re just going to kill the dollar,” during a discussion about fixing the trade deficit and economy, was that Obama official joking or serious? I set out to find out and contacted the White House, Treasury Department and Department of Justice (DoJ). Kill the dollar. Kill a nation. Live in denial and be blindsided if what the senior Obama member allegedly said to Bass was true. Ask the Russians what life was like in the former Soviet Union...
  • Soros Bets $2 Billion on Stock Market Collapse

    08/17/2014 3:15:20 AM PDT · by Olog-hai · 42 replies
    Newsmax ^ | Saturday, 16 Aug 2014 08:41 AM | F.J. McGuire
    Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor’s 500 Index since late last year. The latest 13-F filing with the Securities and Exchange Commission shows that Soros Fund Management increased its position in “puts” on the SPDR S&P 500 exchange-traded fund by a staggering amount in the second quarter from the first. …
  • Survivors Recall 35W Bridge Collapse 7 Years Later

    08/01/2014 6:55:11 PM PDT · by ButThreeLeftsDo · 4 replies
    KSTP.com ^ | 8/1/14 | Joe Mazan
    The heartbreaking images are forever engrained in many of our minds. Friday marks the seventh anniversary of when the 35W Bridge came crashing down during the evening rush hour in 2007. A total of 13 people were killed and 145 were hurt. Ana Vences was one of 52 children on a school bus coming home from a field trip when the bridge collapsed. " I saw dust out of nowhere, then I feel like we flew and we all hit the ceiling of the bus and then we collapsed and landed somewhere." said Ana Vences. Every one of the children...
  • Argentina Slides Into Default as Debt Talks Fail

    07/31/2014 6:42:40 AM PDT · by Enlightened1 · 13 replies
    AP via ABC NEWS ^ | 07/31/14 | CLAUDIA TORRENS
    he collapse of talks with U.S. creditors sent Argentina into its second debt default in 13 years and raised questions about what comes next for financial markets and the South American nation's staggering economy.
  • Their Economy Will Collapse, Including Ours (Harry Dent)

    07/30/2014 10:36:51 AM PDT · by blam · 9 replies
    TMO ^ | Harry Dent
    July 29, 2014 Harry Dent Harry Dent writes: Central bankers think they can keep their economy going by artificial stimulus until they hit escape velocity and grow at normal rates again — but they’re wrong. Here at Dent Research we hold a different view to what drives the economy. And central bankers are in for three big surprises ahead. Their economies are NOT going to grow the way they’re hoping, at least not until the early 2020s, thanks to declining demographic cycles and unprecedented debt ratios. But the surprises I’m talking about are going to come out of left field...
  • 2008 Meltdown Revisited-There’s No Solution-Egon von Greyerz

    07/16/2014 12:02:12 PM PDT · by GilGil · 19 replies
    Usawatchdog.com ^ | 07/16/2014 | Greg Hunter
    We are now in a situation where every major economy in the world is in a total mess.” Greyerz goes on to explain, “Japan’s economy is going to disappear into the Pacific. China is having its problems. Europe has problems. The EU will never work and was not supposed to work. The euro is an artificial currency and, in the long run, will not survive. The U.S. stock market is at an all-time high, but that has nothing to do with the real economy which is an absolute mess. So, the world has never been in a situation where all...
  • Now Libyan government, collapsing amid Islamist attacks, calling for international intervention

    07/15/2014 9:37:14 AM PDT · by SeekAndFind · 13 replies
    Hotair ^ | 07/15/2014 | Noah Rothman
    On October, 2011, amid a lethargic economic recovery, President Barack Obama – a man who prided himself on ending wars, not starting them – touted his foreign policy successes. Beyond the successful raid that resulted in the death of Osama bin Laden, Obama noted that he had successfully solved two thorny international puzzles; ending the war in Iraq and successfully prosecuting a brief campaign to stem the violence in Libya. In a speech in the White House, the president made the case for his own competency within an announcement regarding the beginning of the full withdrawal of American troops...
  • Ever Just Want to Give Up and Get On The Dole? ~ Vanity

    07/09/2014 11:03:35 AM PDT · by GraceG · 102 replies
    Ever wake up somedays and wonder why you work and put in the effort for others to leech off your hard work, especially those who are not even citizens. Ever just think about just throwing your arms up in the air and saying to hell with it and quitting your job or shutting down your business and becomming a deadbeat like the other people that some of your hard earned tax money goes to. Ever just wonder if we will never wake up again as country if you keep working hard to prop stuff up. Realizing that the only way...
  • June Full-Time Jobs Plunge By Over Half A Million, Part-Time Jobs Surge By 800K, Most Since 1993

    07/03/2014 7:10:45 PM PDT · by GilGil · 9 replies
    Zerohedge ^ | 7/3/14 | Tyler Durden
    Is this the reason for the blowout, on the surface, payroll number? In June the BLS reports that the number of full-time jobs tumbled by 523K to 118.2 million while part-time jobs soared by 799K to over 28 million!
  • There Are No – Financial – Black Swans

    06/27/2014 2:00:40 PM PDT · by blam · 3 replies
    The Market Oracle ^ | 6-27-2014 | Raul I Meijer
    June 27, 2014 Raul Meijer Oh Japan, what are you doing, where are you going? As Japanese consumer prices rose 3.4% in May (and I do wish people would stop calling this inflation, it is not and never will be), consumer spending was down -8.9% That is from a year earlier, so it has nothing to do with the April 1 tax hike! It’s an insane number when you think about it, and it’s the direct result of Abenomics tightening the thumb screws. With the population having seen their savings collapse, their wages move way down, and now rising prices...
  • The U.S. Economy Has Collapsed: “This Is A Monstrous Negative Revision”

    06/25/2014 1:31:56 PM PDT · by Signalman · 54 replies
    SHTFplan.com ^ | 6.24,2014 | Mac Slavo
    For months the administration, financial pundits and Wall Street analysts made it a point to inform Americans about the healthy state of our economy. One of the key metrics they’ve used as proof of recovery was the Gross Domestic Product (GDP) which measures the productive output of the U.S. economy as a whole. Earlier this year the U.S. Bureau of Economic Analysis noted that this measure was showing positive growth. But now, after a second official revision, all of that purported growth used to goad consumers into spending more money on homes, cars and other goods has been revealed to...