Keyword: collapse

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  • Total Collapse Cannot Happen in America!

    06/30/2012 8:17:06 PM PDT · by John Leland 1789 · 69 replies
    Email Subscription From Dr. Boys | June 30, 2012 | Don Boys, Ph.D.
    “Total collapse can’t happen in America because I don’t want it to. Plus, it has never happened before so it can’t happen. I feel warm and fuzzy about our future.” That is called, the “normalcy bias” and will end up killing many Americans when financial depression and inflation take control. When hyperinflation smacked Germany in the 1920s, Germans carried a bag full of German marks to purchase a loaf of bread. One family took a wheel barrow full of money to the grocery store for their weekly supplies but could not get the wheel barrow through the door. Leaving the...
  • Elliot Lake mall search crews consider 'extreme measures'

    06/26/2012 9:49:02 PM PDT · by Fire_on_High · 7 replies
    CBC ^ | June 25, 2012
    Rescue crews are preparing to take "more extreme measures" to continue search and recovery efforts at a badly damaged Elliot Lake, Ont., mall, an emergency official says.
  • 120 Powerful Pieces Of Advice For Preppers

    06/22/2012 2:26:35 PM PDT · by blam · 50 replies
    The American Dream ^ | 6-22-2012 | Robert Wenzel
    120 Powerful Pieces Of Advice For PreppersRobert Wenzel June 22, 2012 Our world is becoming increasingly unstable, and millions of Americans are feverishly preparing for what they consider to be "the end of the world as we know it". In fact, it is estimated that there are now approximately 3 million "preppers" in the United States. But for people that have never done much prepping before, getting started can be both confusing and intimidating. In fact, I get more questions about prepping than anything else. People are constantly asking me how they can prepare for the difficult times that are...
  • Greece Dodges Leftist Bullet, But Bigger Battles Loom

    06/18/2012 5:43:08 PM PDT · by Kaslin · 1 replies
    IBD Editorials ^ | June 18, 2012 | Editor
    EU: Staring down the abyss of isolation offered by the far left, Greece's voters had the sense to pull back, electing a pro-bailout center-right party in Sunday's vote and staying in the euro. But are they ready for real austerity? As surprising and relieving as it was to see Greeks vote for the New Democracy party which took 29.4% of the votes in Sunday's multiparty election, the result is the best of bad alternatives. Voting in New Democracy for a second time since the government failed in May bought time, but the real issue is whether Greece has the will...
  • Europe: She’s Come Undone.

    06/18/2012 5:35:32 PM PDT · by Lowell1775 · 8 replies
    Open Source Survival ^ | June 17, 2012 | Ronin Gael
    snip.... Old News and Current Events: I have written before that the fundamentals of the Euro and European Union didn’t bode well. They still don’t. Each step of these “rescues”, Iceland in 2008, Ireland in 2009, Portugal in 2011, Italy and Greece in 2011 and 2012….and now Spain ….are all just shocking the dying patient back to life for a few more moments of pain and chaos. The inevitable and permanent straight-line on the EKG is coming. It will be a collapse of the Euro and a financial crisis of a size not seen since WWII or the Great Depression....
  • Forget The Election Results - Greece Is Still Doomed And So Is The Rest Of Europe

    06/18/2012 7:30:55 AM PDT · by blam · 26 replies
    TEC ^ | 6-18-2012 | Michael Snyder
    Forget The Election Results - Greece Is Still Doomed And So Is The Rest Of EuropeMichael SnyderJune 18, 2012 The election results from Greece are in and the pro-bailout forces have won, but just barely. It is being projected that the pro-bailout New Democracy party will have about 130 seats in the 300 seat parliament, and Pasok (another pro-bailout party) will have about 33 seats. Those two parties have alternated ruling Greece for decades, and it looks like they are going to form a coalition government which will keep Greece in the euro. On Monday we are likely to see...
  • Greece Election Results- LIVE THREAD (polls Close at 11AM EDT)

    06/17/2012 8:05:24 AM PDT · by tcrlaf · 142 replies
    Various | 6-17-12 | TCRLAF
    Here we go again, Groundhog Day. And likely with almost the same result as last time likely. Interesting quote: Condemning the outside interference in the election, Greek blogger Nick Malkoutzis, who is also deputy editor of deputy editor of Kathimerini English Edition, writes that "Europe that has become scared of democracy". UK Guardian is Live-Bogging, with updates every minute:
  • U.S. Government Debt Goes From Frying Pan To Fire

    06/17/2012 6:22:21 AM PDT · by blam · 22 replies
    TMO ^ | 6-17-2012 | Andy Sutton
    U.S. Government Debt Goes From Frying Pan To Fire Interest-Rates / US Debt Jun 17, 2012 - 01:44 AM By: Andy Sutton This morning, the Treasury Department almost gleefully and proudly announced that foreign holdings of US Debt had hit a record high during the month of April and that bond heavyweight China had upped its holdings after trimming for two straight months. This dovetails nicely with a story that was published earlier this week about the federal reserve and its own holdings of US Debt, which have increased over 450% in the past three years. And no, that is...
  • The Ultimate Preppers – They Were Preppers, But Didn’t Know It

    06/16/2012 7:52:37 AM PDT · by blam · 56 replies
    SHTF Plan ^ | 6-16-2012 | Norse Prepper - Mac Slavo
    The Ultimate Preppers – They Were Preppers, But Didn’t Know It Norse Prepper June 15th, 2012 (This article has been shared with the SHTFplan community by longtime contributor Norse Prepper.} It always frustrates me when I turn on the television, read a newspaper or any other source of main stream media that is running a story on preppers. Invariably, with any television series or special, it is promoted with pictures of people with gas masks and AK 47’s talking about how they intend to kill zombies when the golden horde arrives upon their doorsteps when the SHTF. The most...
  • Drachmageddon? Middle-class poverty. Feral Gangs. Neo-Nazis. Athens Waits For The Volcano To Explode

    06/15/2012 9:02:11 PM PDT · by blam · 65 replies
    The Daily Mail ^ | 6-15-2012 | Robert Hardman
    Drachmageddon? Middle-class poverty. Feral Gangs. Neo-Nazis. Athens Waits For The Volcano To Explode By Robert Hardman 15 June 2012 Antonis Perris was a devoted son. When his elderly mother was diagnosed with Alzheimer’s four years ago, there was no question of putting her in a state facility. He would care for her at home in Athens and they would face the future together. But then things started getting very much worse. ‘The problem is that I was not prepared when the economic crisis hit and I do not have enough money in my account,’ wrote the 60-year-old unemployed musician. ‘My...
  • Bank Of England Announces Big New Liquidity Plan

    06/15/2012 11:45:08 AM PDT · by Errant · 8 replies
    Business Insider ^ | Jun. 14, 2012, 4:12 PM | Simone Foxman
    The Bank of England announced this afternoon that it would attempt to flood banks with cheap cash in order to stave off tensions in the interbank credit markets, according to Dow Jones. This report followed rumors of coordinated central bank action to bolster liquidity across the world, however the BOE's plan appears to be much more U.K.-centric.
  • ROUBINI: Dark Clouds Are Gathering Around The World

    06/15/2012 10:32:15 AM PDT · by blam · 9 replies
    TBI ^ | 6-15-2012 | Mamta Badkar
    ROUBINI: Dark Clouds Are Gathering Around The World Mamta Badkar June 15, 2012, 10:15 AM Dr. Doom Nouriel Roubini is once again warning of a perfect global storm in 2013. In his latest Project Syndicate column Roubini warns of dark "financial and economic clouds" from Europe, the U.S., China and the Middle East. First, he says the eurozone crisis is worsening, the fiscal and sovereign debt crisis and the problems in its banking sector are worsening. In fact he says, eurozone might need a bailout of its banks but also a sovereign bailout. "As a result, disorderly breakup of the...
  • "Due To The Extreme Volatility Some Market Analysts Foresee..."

    06/13/2012 10:38:06 PM PDT · by Errant · 15 replies
    Zero Hedge ^ | 06/13/2012 | Tyler Durden
    Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012. OANDA believes the convergence of a major market event during off-market hours represents a potential trading risk and has taken this rare step to protect traders from excessive rate fluctuations.
  • Going Deep: “It’s Entirely Possible That Nowhere in North America is a Safe Redoubt”

    06/13/2012 9:08:22 AM PDT · by blam · 80 replies
    SHTF Plan ^ | 6-13-2012 | Eric Peters
    Going Deep: “It’s Entirely Possible That Nowhere in North America is a Safe Redoubt” Eric Peters June 13th, 2012 Eric Peters Autos Comments (54) Read by 3,448 people Some friends have been actively talking about their Exit Plans – about getting out of this country before the curtain goes down. While there is still time. They believe the situation to be hopeless. That despite the upwelling of liberty-mindedness among some, the vast majority of Americans are not liberty-minded. That Americans – tens of millions of them – are stupid, unreachable, mean, irrational, authoritarian-minded Babbits and poltroons. People who always speak...
  • Greeks are pulling cash out of banks, stocking up on food in panic ....

    06/13/2012 8:07:01 AM PDT · by TigerLikesRooster · 92 replies
    Financial Post ^ | 06/13/12 | Dina Kyriakidou and George Georgiopoulos
    Greeks are pulling cash out of banks, stocking up on food in panic ahead of make-or-break election Sunday Dina Kyriakidou and George Georgiopoulos, Reuters Jun 13, 2012 – 8:41 AM ET ATHENS — Greeks pulled their cash out of the banks and stocked up with food ahead of a cliffhanger election on Sunday that many fear will result in the country being forced out of the euro. Bankers said up to 800 million euros (US$1 billion) were leaving major banks daily and retailers said some of the money was being used to buy pasta and canned goods, as fears of...
  • It Starts: The Government’s Plan To Steal Your Money.

    06/12/2012 9:01:19 PM PDT · by blam · 34 replies
    Sovereign Man ^ | 6-12-2012 | Simon Black
    It Starts: The Government’s Plan To Steal Your Money. Simon Black June 12, 2012 New York City There are consequences to being flat broke. There are consequences to investing any level of confidence in a financial system underpinned by debt and the creation of paper currency. There are consequences for ignoring reality and pretending that everything is normal.This is one of them: European officials yesterday flat out admitted that they were discussing rolling out a series of harsh capital controls across the continent, including bank withdrawal limits and closing down Europe’s borderless Schengen area. Some of these measures have already...
  • The Economic Collapse Is Not A Single Event

    06/12/2012 10:46:39 AM PDT · by blam · 47 replies
    TEC ^ | 6-12-2012 | Michael Snyder
    The Economic Collapse Is Not A Single EventMichael SnyderJune 12, 2012 Many people hype "the coming economic collapse" as if it is some kind of big summer Hollywood blockbuster. Many people out there write about it as if it is something that will happen in a single day or over a few weeks and that it will suddenly change how the entire world functions. But that is not how the financial world works. The financial world is like a game of chess - very slow and methodical. Yes, there are times when things happen very quickly (like back in 2008),...
  • At least 18 missing, 1 dead after Nevada tunnel collapse

    06/11/2012 6:12:25 PM PDT · by Doogle · 9 replies
    FOXNEWS ^ | 06/11/12 | FOXNEWS
    DEVELOPING: At least 18 people are trapped and one person is dead after a tunnel under construction collapsed in Nevada, the National Park Service says. The tunnel project in Lake Mead, where the collapse occurred, was created to deal with ongoing drought conditions in the Southern part of the state, Fox 5 reports.
  • The New Terrapin Gazette Number 253

    06/11/2012 6:44:16 AM PDT · by Jeff Chandler · 2 replies
    The New Terrapin Gazette ^ | 6-11-2012 | LBB
    The core issue is whether Muslims shall be permitted to import into the West the teachings, ethics and demands of their religion. Those who answer in the affirmative do so from within a context that respects the right of the individual to profess his chosen spiritual teaching. Of course religious Liberty is fundamental; that noble sentiment is enshrined in the US constitution. It is one of the foundational tenets of a federal democratic republic that imposes absolute restrictions on its central government: hands off freedom of speech, press, and religion. This respect for human rights leads to an inescapable conclusion:...
  • Here Are The Historical Odds Of A Deeper Pullback...

    06/08/2012 3:59:20 AM PDT · by blam · 3 replies
    TBI - Pragmatic Capitalism ^ | 6-8-2012 | Cullen Roche
    Here Are The Historical Odds Of A Deeper Pullback... Cullen Roche, Pragmatic Capitalism June 8, 2012 Here’s some pretty good historical data via Raymond James and Market Montage on the odds of a deeper market decline: “Some interesting data from Jeff Saut of Raymond James if you are a data hound like I am. Since 1928 there have been 294 pullbacks of at least 5%. Ninety four of them have been moderate (>10%), 43 have been severe (>15%) and 25 have been bear markets (>20%). So in a statistical sense once you hit the 5% threshold your chances of a...
  • Harper says time running out to tackle eurozone's woes

    Prime Minister Stephen Harper says Europe has so far avoided a "catastrophic event" that could throw the global markets into turmoil, but he said a "broader game plan" is needed to deal with the economic woes that are plaguing the Continent. snip Transcript here:
  • John Mauldin On Deflation, Inflation, And What Comes Next

    06/03/2012 6:59:06 AM PDT · by blam · 1 replies
    TBI ^ | 6-2-2012 | John Mauldin
    John Mauldin On Deflation, Inflation, And What Comes Next John Mauldin, Thoughts From The Frontline Jun. 2, 2012, 3:09 PM One of the more frequent questions I am asked in meetings or after a speech is whether I think we will have inflation or deflation. My ready answer is, "Yes." Then I stop, which I must admit is rather fun, as the person who asked tries to digest the answer. And while my answer is flippant, it's also the truth, as I do expect both outcomes. So the follow-up question (after the obligatory chuckle from the rest of the group)...
  • The List: A to Z Survival for the Abysmal Times Ahead

    06/02/2012 7:34:00 PM PDT · by blam · 55 replies
    TSHTF Plan ^ | 6-2-2012 | Mac Slavo/Be Informed
    The List: A to Z Survival for the Abysmal Times Ahead Be Informed June 2nd, 2012 SHTF Plan In a follow-up to his wildly popular article discussing How Horrific It Will Be For The Non-Prepper, contributor ‘Be Informed’ provides SHTFplan readers with an extensive list of preparedness and survival keywords and concepts for beginners and seasoned preppers alike. -------------------------------------------------------------------------------- It seems like no matter how well someone prepares, they inevitably find out they have forgotten something. That all important item or items that aren’t “remembered”, that merely only have to be mentioned by name to remind a person of what...
  • WORLD BANK BOSS: We're Headed For "Impending Catastrophe" -- "A Rerun Of Great Panic Of 2008"

    06/02/2012 4:30:14 PM PDT · by blam · 32 replies
    TBI ^ | 6-202012 | Henry Blodget
    WORLD BANK BOSS: We're Headed For "Impending Catastrophe" -- "A Rerun Of Great Panic Of 2008" Henry Blodget Jun. 2, 2012, 9:51 AM The head of the World Bank, Robert Zoellick, is about to step down after a 5-year term. That means he can say what he really thinks. Here, via the Daily Mail, is what he really thinks about what's going on in Europe and the global financial markets: Financial markets face a rerun of the Great Panic of 2008. * It's ‘far from clear that eurozone leaders have steeled themselves’ for the looming catastrophe amid fears of a...
  • "The End Game: 2012 And 2013 Will Usher In The End" - The Scariest Presentation Ever?

    06/02/2012 6:54:59 AM PDT · by TigerLikesRooster · 34 replies
    Zero Hedge ^ | 05/31/12
    "The End Game: 2012 And 2013 Will Usher In The End" - The Scariest Presentation Ever? /snip •We don’t know exactly what is to come, but we can all join the very few dots from where we are now, to the collapse of the first major bank… •With very limited room for government bailouts, we can very easily join the next dots from the first bank closure to the collapse of the whole European banking system, and then to the bankruptcy of the governments themselves. •There are almost no brakes in the system to stop this, and almost no one...
  • JPM Cuts Q3 GDP Forecast From 3% To 2% (33% CUT!)

    06/01/2012 11:20:37 AM PDT · by tcrlaf · 3 replies
    Zerohedge ^ | 6-1-12 | Tyler Durden
    So it starts. "Taking down the US growth projection has almost become a summertime ritual, and in keeping with tradition we are shaving our 2012 GDP outlook (Q4/Q4) from 2.3% to 2.1%. Over the first five months of the year the labor market has steadily lost momentum and we are now confronted with a global growth slowdown which will provide a further headwind to the economy. As such, we are taking Q3 growth from 3.0% to 2.0%, with much of the downward revision accounted for by an expectation that the pace of export growth will slow. We are leaving our...
  • Mainland China's Top Investment Bank Say China Will Crash If Greece Exits The Eurozone

    05/23/2012 6:35:05 AM PDT · by blam · 18 replies
    TBI ^ | 5-23-2012 | Also Sprach Analyst
    Mainland China's Top Investment Bank Say China Will Crash If Greece Exits The Eurozone Also Sprach AnalystMay 23, 2012 Everyone has their own opinion on what will happen to the Chinese economy if Europe blows up. That ranges from a totally delusional “nothing happen” to, well… Given the consensus remains hugely delusional and bullish, this is probably the most bearish I have come across. From the China International Capital Corp (CICC), they believe that if Greece exits the Euro, China’s economy growth would be cut down to just 6.4% for 2012 without fiscal stimulus, which is 1.7 percentage point lower...
  • The Top 50 Excuses For Not Prepping

    05/21/2012 10:35:51 AM PDT · by blam · 46 replies
    The American Dream ^ | 5-21-2012 | Robert Wenzel
    The Top 50 Excuses For Not PreppingRobert WenzelMay 21,2012 With the way that things are heading in this country, it is not surprising that there are approximately 3 million preppers in the United States today. What is surprising is that there are not more people prepping. The economy is rapidly falling to pieces, the national debt is absolutely soaring, the earth is becoming increasingly unstable, a major war could erupt in the Middle East at any time and the fabric of our society is coming apart right in front of our eyes. We have become incredibly dependent on technology and...
  • Rawles: “It Would Be Impossible To Disarm The People Of This Country”

    05/21/2012 10:22:31 AM PDT · by blam · 100 replies
    SHTF Plan ^ | 5-21-2012 | Mac Slavo
    Rawles: “It Would Be Impossible To Disarm The People Of This Country” Mac Slavo May 21st, 2012 How likely is it that we will actually experience a disaster that brings down our national power grid? Will the government seize all guns in the United States? If Continuity of Government response plans are initiated, will they be able to effectively lock down every major city and the country as a whole under a martial law scenario? Is an economic collapse in our near future? These and a host of other critical topics are covered in the latest interview from SGT Report...
  • First Things First: Key Questions Facing The Beginning Prepper

    05/16/2012 4:47:01 PM PDT · by blam · 42 replies
    SHTF Plan ^ | 5-15-20124 | Mac Slavo - Norse Prepper
    First Things First: Key Questions Facing The Beginning Prepper Norse Prepper May 16th, 2012 SHTFplan The following article has been generously contributed by Norse Prepper. SHTF Plan Editor’s Note: While there may be three million Americans preparing for a paradigm shift which promises to change our very way of life, that leaves roughly 99% of our population that has failed to take any serious steps to insulate themselves from catastrophe. Earlier this week we asked “How Horrific Will It Be For the Non-Prepper?”, in which we detailed the disastrous consequences that await those who will get blindsided by a widespread...
  • FLECKENSTEIN: Nothing Will Change Until Change Is Forced Upon Us By A Crisis

    05/14/2012 3:09:18 PM PDT · by blam · 3 replies
    TBI ^ | 5-14-2012 | Ben Duronio
    FLECKENSTEIN: Nothing Will Change Until Change Is Forced Upon Us By A Crisis Ben Duronio May 14, 2012, 4:54 PM In an article for MSNBC, Bill Fleckenstein says it is time for investors to face the truth. Where our current path is taking us has been predictable for quite some time, and I think that continues to be the case. Unfortunately, we have elected officials who are completely incompetent, if not criminal, and the Fed is even worse. None of that is going to change until change is forced upon us (i.e., them) by a crisis. So while events seem...
  • GARY SHILLING: Home Prices Will Plummet 20% From Here

    05/14/2012 10:18:24 AM PDT · by blam · 26 replies
    TBI ^ | 5-14-2012 | Mamta Badkar
    GARY SHILLING: Home Prices Will Plummet 20% From Here Mamta Badkar May 14, 2012Despite growing consensus that it is now cheaper to buy a home than rent one, Gary Shilling, president of A. Gary Shilling & Co. says by previous standards home prices are still high relative to rents. In his latest editorial in The Wall Street Journal, Shilling writes while home prices have fallen 34 percent since their peak in early 2006, they are not cheap if prices continue to fall: "But even if homeownership was cheaper than renting, as some claim, buying a house now would be a...
  • How Horrific Will It Be For The Non-Prepper?

    05/12/2012 2:48:24 PM PDT · by blam · 511 replies
    SHTF Plan ^ | 5-12-2012 | Be Informed
    How Horrific Will It Be For The Non-Prepper? Be Informed May 12th, 2012 SHTFplan This article has been made available by regular SHTF Plan contributor Be Informed. Editor’s Note: You have no doubt had your own set of issues dealing with friends and family members that simply don’t see the writing on the wall. The following article may serve to assist you in convincing those who simply don’t know, don’t want to know, don’t care, or have never even thought to contemplate. Some of the scenarios outlined below may be frightening, as they should be, because when it hits the...
  • Developed Nations At The Precipice Of Oblivion , As End Of The Debt Supercycle Draws Near

    05/08/2012 4:39:09 PM PDT · by blam · 13 replies
    TMO ^ | 5-8-2012 | TGR - John Mauldin
    Developed Nations At The Precipice Of Oblivion , As End Of The Debt Supercycle Draws Near Interest-Rates / Global Debt Crisis 2012 May 08, 2012 - 04:56 AM By: The Gold Report Are developed nations across the globe at the precipice of oblivion? Yep, says pundit John Mauldin. Fresh after the announcement of a new joint venture with Casey Research and the conclusion of his own Strategic Investment Conference in Carlsbad, Mauldin spoke to The Gold Report. He believes that investors have a small window to save their investments from the end of the debt supercycle, but they'll have to...
  • Economic Alert: If You’re Not Worried Yet…You Should Be

    05/08/2012 6:51:24 AM PDT · by Errant · 15 replies
    Alt-Market.Com ^ | Tuesday, 08 May 2012 | Brandon Smith
    For the past four years I have been covering the progression of the global economic crisis with an emphasis on the debilitating effects it has had on the American financial system. Only once before have I ever issued an economic alert, and this was at the onset of the very first credit downgrade in U.S. history by S&P. I do not take the word “alert” lightly. Since 2008 we have seen a cycle of events that have severely weakened our country’s foundation, but each event has then been followed by a lull, sometimes 4 to 6 months at a...
  • Paralyzed Fed, Economic Recovery Reality, The Emperor is Naked

    05/05/2012 3:53:47 PM PDT · by blam · 24 replies
    TMO ^ | 5-5-2012 | TGR - David Stockman
    Paralyzed Fed, Economic Recovery Reality, The Emperor is Naked Stock-Markets / Credit Crisis 2012 May 05, 2012 - 01:18 PM By: The Gold Report A "paralyzed" Federal Reserve Bank, in its "final days," held hostage by Wall Street "robots" trading in markets that are "artificially medicated" are just a few of the bleak observations shared by David Stockman, former Republican U.S. Congressman and director of the Office of Management and Budget. He is also a founding partner of Heartland Industrial Partners and the author of The Triumph of Politics: Why Reagan's Revolution Failed and the soon-to-be released The Great Deformation:...
  • Bill Keller: End may be near for monstrous North Korean regime(the day after?)

    05/01/2012 6:22:17 AM PDT · by TigerLikesRooster · 28 replies
    Jakarta Globe ^ | 04/30/12 | BILL KELLER
    Bill Keller: End may be near for monstrous North Korean regime By BILL KELLER The New York Times Published: April 30th, 2012 04:49 PM Last Modified: April 30th, 2012 04:49 PM The one thing everyone knows about North Korea is that we know very little about North Korea, except that it is miserable, totalitarian, nuclear and erratic. It is the hermit kingdom, the dark side of the moon. But thanks to many thousands of refugees who have reached freedom by way of a long underground railroad through China, we know a lot more now about the grim reality. We understand...
  • Europe's Anti-Austerity Calls Mount as Election Campaigns Climax

    04/30/2012 11:58:26 AM PDT · by tcrlaf · 5 replies
    SF Chron ^ | 4-30-12 | Patrick Donahue
    A recession in Spain and forecasts of rising unemployment in the 17-nation euro area are amplifying criticism of the German-led austerity agenda in election campaigns this week in France and Greece. With Spain's largest unions leading marches involving thousands of protesters in 55 cities yesterday, Prime Minister Mariano Rajoy's government battled to prevent Spain from becoming the next country to seek a bailout. In France, the final round of presidential elections on May 6, Socialist frontrunner Francois Hollande pushed back against German Chancellor Angela Merkel's focus on deficit reduction. "Watching Spain now is exactly like watching Ireland around October 2010...
  • Economic Nostradamus: We Are Literally Witnessing A Collapse

    04/28/2012 10:36:01 AM PDT · by blam · 50 replies
    SHTF Plan ^ | 4-28-2012 | Mac Salvo
    Economic Nostradamus: We Are Literally Witnessing a Collapse Mac Slavo April 27th, 2012 With the Presidential election cycle in full swing our incumbent administration, the media, and their financial pundits continue to maintain that the US economy’s green shoots have blossomed into fields of golden sunflowers. Despite what we’re being told, however, the actual data tells a stunningly different story. Richard Yamarone, a senior economist for Bloomberg Brief, has been called an economic Nostradamus for his prescient forecasting of the 2008 financial crisis, and now he’s warning that the worst is not over. In a recent interview with King World...
  • Facebook Comments Reportedly Trigger Large Female Fight

    04/25/2012 9:15:02 AM PDT · by null and void · 48 replies
    CBS Sacramento ^ | Not atributed
    April 23, 2012 7:02 PM SACRAMENTO (CBS13) – More than 30 women brawled in the street, all reportedly over Facebook posts. “I saw the girls yelling and pushing each other and one girl tried to push them apart,” one witness said of the fight in Del Paso Heights on Sunday. “People shouldn’t be posting their business on Facebook,” said another woman. It happened on Grand Avenue and Clay Street when police responded to reports of a large fight with women swinging fists and baseball bats. All suspects had fled by the time officers arrived. “Two people really sustained major injuries,”...
  • Soros Compares Euro-Zone Crisis With Soviet Collapse

    04/24/2012 3:34:54 PM PDT · by blam · 4 replies
    Wall Street Journal ^ | 4-24-2012 | Martin Elder
    Soros Compares Euro-Zone Crisis With Soviet Collapse By Martin EderApril 24, 2012 U.S. billionaire investor George Soros compared the euro-zone crisis with factors that led to the Soviet Union’s collapse in the early 1990s. “Europe is similar to the Soviet Union in the way that the euro crisis has the potential of destroying, undermining the European Union,” he said in a debate on public policy education Tuesday. “With the profound social, economic and moral crisis that Europe is in, we can see a similar process of disintegration.” Mr. Soros, who was born in the Hungarian capital Budapest, often visits his...
  • One Nation Under Debt With Endless Debt Slavery For All

    04/21/2012 10:27:49 AM PDT · by blam · 8 replies
    TAD ^ | 4-20-12
    One Nation Under Debt With Endless Debt Slavery For All Debt is a "soft" form of slavery. In America today, it is not legal to bind people up with chains and force them to work for you, but that doesn't mean that there are not millions upon millions of slaves in this country. When you borrow money, you willingly become a servant to the lender. Sadly, there are millions of Americans that will spend the rest of their lives working to pay off their debts but they will never escape the endless debt slavery that they have gotten themselves into....
  • GARY SHILLING: Here's Why The US Is About To Plunge Into A New Recession

    04/20/2012 3:19:42 PM PDT · by blam · 41 replies
    TBI ^ | 4-20-2012 | Simone Fox
    GARY SHILLING: Here's Why The US Is About To Plunge Into A New Recession Simone Foxman April 20, 2012, 3:48 PM Last week, Gary Shilling wrote a four-part series for Bloomberg View on why the U.S. economy is on the fast track to a brand new recession this year. While he pointed to various data points and recounted a number of anecdotes to prove his point, Shilling's argument was simple: the consumer strength we saw earlier this year was fleeting and highly accommodative policy from the Federal Reserve and the possibility of more quantitative easing are the only things propping...
  • No Way Back

    04/19/2012 6:54:36 PM PDT · by blam · 11 replies
    The Daily Reckonoing ^ | 4-19-2012 | Frederick Sheehan
    No Way Back By Frederick Sheehan 04/19/12 Gold and silver will both rise far above their current levels. “When” is unknowable. “Why” is due to the unremitting and insolent amorality of central bankers and their practices. If not Simple Ben at the Fed, his compatriots across the globe are a daily source of confusion, contradiction, and stupidity. The stupidity may be real or it may have evolved from an unwillingness to think, as George Orwell wrote of Stanley Baldwin’s and Neville Chamberlain’s abdication of responsibility in the 1930s: “What is to be expected of them is not treachery or physical...
  • The Fallacy Of Bugging Out – Are You Prepared To Be A Refugee?

    04/19/2012 4:44:54 PM PDT · by blam · 97 replies
    SHTF Plan ^ | 4-19-2012 | Survival Acres
    The Fallacy Of Bugging Out – Are You Prepared To Be A Refugee? Survival Acres April 19th, 2012 This article has been generously contributed by Survival Acres – Sustainable Living & Common Sense. Many websites, blogs and forums have covered the topic of bugging out in excruciating detail, all under the assumption that this will be a necessary escape plan for many of us when the proverbial shit hits the fan. This notion is predicated upon the belief that escape and evasion, necessary for your immediate survival will be a (likely) event that you must plan and prepare for...
  • 5 Apocalypse Scenarios Governments Have Actually Addressed

    04/17/2012 10:34:47 AM PDT · by blam · 24 replies
    Mental ^ | 4-16-2012 | Kathy Benjamin
    <p>In a creative move meant to draw attention to how to deal with more likely emergencies, last May the Centers for Disease Control posted tips for how to successfully survive a zombie invasion. The timing was perfect: apocalypse discussion was already popular since an End Times pastor had announced the world would end on May 21, and a more realistic danger, hurricane season, was starting on June 1.</p>
  • 27 Statistics About The European Economic Crisis That Are Almost Too Crazy To Believe

    04/14/2012 10:50:48 AM PDT · by blam · 15 replies
    TEC ^ | 4-13-2012 | Michael Snyder
    27 Statistics About The European Economic Crisis That Are Almost Too Crazy To BelieveMichael SnyderApril 13, 2012 The economic crisis in Europe continues to get worse and eventually it is going to unravel into a complete economic nightmare. All over Europe, national governments have piled up debts that are completely unsustainable. But whenever they start significantly cutting government spending it results in an economic slowdown. So politicians in Europe are really caught between a rock and a hard place. They can't keep racking up these unsustainable debts, but if they continue to cut government spending it is going to push...
  • Terminus Part 4: Fight, Flight, And The Approach Of The Cusp

    04/11/2012 1:51:37 PM PDT · by fporretto · 3 replies
    Liberty's Torch ^ | April 11, 2012 | Francis W. Porretto
    It's time to round off this short series of screeds. If these "Terminus" posts have struck you, Gentle Reader, as unusually angry or strident, I can scarcely be surprised. I'm very angry; the country is going downhill far faster than even I expected it to go, and good men have done little more than complain about it. My contempt at such limpness in the face of social, economic, and political calamity has caused me to jack up the stridency of my prose. Whether that's for good or for ill, I can only wait and see. * * * The belief...
  • Armageddon Medicine

    04/04/2012 9:17:28 AM PDT · by blam · 16 replies
    Armageddon ^ | 1-27-2011 | Cynthia J. Koelker, MD
    Armageddon Medicine By Cynthia J. Koelker, MD January 27, 2011 What if the unthinkable happens? World War III? Total economic collapse? Worldwide plague? A 2012 asteroid collision? Biblical Armageddon? Assuming you’re fortunate enough to live through the initial event, will you be able to care for yourself in an era of no doctors, no hospitals, no pharmacies? Perhaps a few physicians will survive as well, but where are they? Can the few remaining assume care for the devastated population? 2012. It’s upon us. Is it a real or imaged threat? What about our not-so-friendly nuclear neighbors? Or a flu pandemic...
  • Read This First Before You Decide That Preppers Are Crazy

    04/03/2012 11:13:52 AM PDT · by blam · 166 replies
    TEC ^ | 4-2-2012 | Michael Snyder
    Read This First Before You Decide That Preppers Are CrazyApril 2, 2012Michael Snyder Do you believe that preppers are a few cards short of a full deck? Do you assume that anyone that is "preparing for doomsday" does not have their elevator going all the way to the top floor? Well, you might want to read this first before you make a final decision that all preppers are crazy. The information that you are about to read shook me up a bit when I first looked it over. To be honest, I had no idea how incredibly vulnerable our economic...