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Keyword: globalcollapse

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  • Global Economy on the Edge of Chaos

    02/20/2011 1:01:26 PM PST · by Errant · 23 replies
    The Market Oracle ^ | 20 February, 2011 | David Knox Barker
    A violent feedback loop in the complex system of human action is unfolding globally. However, the impending global debt collapse has the potential to produce a modern day Jubilee. There is evidence that the violent global convulsion of human action we are in the midst of will accelerate into 2012, and central planning and human design will meet their just demise. Beyond the unfolding global crisis, a new golden age of spontaneous order and global prosperity will dawn. A global human action driven free market revolution has begun. It is sweeping the world, and appears to have now arrived in...
  • Unified Quest 2011

    12/07/2010 5:22:09 AM PST · by harygarfield · 6 replies · 2+ views
    Let's Think ^ | 12/6/10 | Jason Garbush
    Today I saw an article on Glenn Beck regarding “Unified Quest 2011” and decided to look into myself. If you watch the MSNBC video you'll see the scenario's they're preparing for such as global economic collapse, dramatically reduced budgets, and US economic collapse. So, the real question is how likely is it to happen and what will happen if these scenario's play out?
  • Are We On The Verge Of Total Global Economic Collapse?

    11/20/2009 10:51:01 PM PST · by FromLori · 22 replies · 1,450+ views
    Yahoo ^ | 11/20/09
    VIDEO AT SITE SAYS MORE THEN ARTICLE Are we on the verge of total economic collapse? Don't laugh. The french firm Societe Generale thinks so. The brokerage firm has put the fear of God in clients recently by predicting that developed economies and markets are going to collapse under a monster debt load and that gold is going to soar to $6,000 an ounce. Fortunately, not everyone feels that way. Many on Wall Street, in fact, have suddenly gotten quite bullish after missing a lot of the extraordinary 65% rally we've had since the lows of March. Hopefully, these folks--the...
  • Iceland poised for IMF package

    10/20/2008 12:31:35 PM PDT · by george76 · 6 replies · 309+ views
    Reuters ^ | October 20, 2008 | OMAR VALDIMARSSON AND SAKARI SUONINEN
    Iceland is set to receive a $6-billion (U.S.) IMF-led rescue package soon, Britain's Financial Times reported on Monday, as the crisis that has derailed the country's banking system showed no sign of letting up. Iceland's central bank reported nagging problems with payments from abroad to its banks and said it had called on some other central banks to help it fix the situation. The crisis-hit island, aiming to resuscitate trade in its currency and rebuild its financial system, has been in talks with the International Monetary Fund for days and markets have been waiting for word of a rescue package...
  • Iceland is all but officially bankrupt

    10/10/2008 12:18:22 PM PDT · by george76 · 110 replies · 8,657+ views
    International Herald Tribune ^ | October 9, 2008 | Eric Pfanner
    People go bankrupt all the time. Companies do, too. But countries? Iceland was on the verge of doing exactly that on Thursday as the government shut down the stock market and seized control of its last major independent bank. That brought trading in the country's currency to a halt, with foreign banks no longer willing to take Icelandic krona, even at fire-sale rates. As the meltdown in the Icelandic financial system quickened, with the government seemingly powerless to do anything about it, analysts said there was probably only one realistic option left: for Iceland to be bailed out by the...