Bank Runs spread to Spain … Black Swan … and time to Bug out ?
May 17, 2012
Nationalized Spanish Bank Plummets On News Of Bank Run. Read More →
BBC News: Bankia shares plunge again on worries over finances
May 17, 2012
Shares in Spanish bank Bankia have continued their dramatic decline on concerns over the firm's finances. The share price was down another 25% on Thursday, taking losses for May to... Read more »
BBC News: David Cameron defends ‘make up or break up’ euro warning
May 17, 2012
Mr Cameron raised eyebrows at Prime Minister's Questions on Wednesday when he warned the eurozone it "either has to make up or it is looking at a potential break-up". Chancellor George... Read more »
Asian markets plunge as Greeks head for polls
May 17, 2012
Investors dumped riskier assets for ultra-safe US government bonds... Read More →
Financial markets panic, Euro riots rage, while US obsesses over gay marriage
May 17, 2012
World stocks register double digit losses as worries grow that Greece may exit the single currency union. The escalating eurozone debt crisis and deepening economic slowdown in China... Read more »
Israel’s social protest coming back?
May 17, 2012
Thousands gather in Tel Aviv for first social rally of summer, demonstrators hold up signs calling for 'sane housing prices,' greater equality. More rallies held nationwide. Read More →
How The U.S. Dollar Will Be Replaced
May 17, 2012
Brandon Smith, Contributor Activist Post After being immersed in the world of alternative economic analysis for several years, it sometimes becomes easy to forget that most people do... Read more »
ECB Stops Lending to Some Greek Banks as Draghi Talks of Exit
May 17, 2012
The European Central Bank said it will temporarily stop lending to some Greek banks to limit its risk as President Mario Draghi signaled the ECB won’t compromise on key principles... Read more »
Goldman Sach’s Accidently Releases Damning Information of Illegal Naked Short Sales *Last Week* - JPM was/is the distraction from this info
May 17, 2012
The paper proves that Goldman Sachs does naked short selling. They will sell and short stocks they don't even have nor are able to get. In other words, just like the fractional reserve... Read more »
The ‘Subsidized’ Loan Charade
May 17, 2012
The ‘Subsidized’ Loan Charade: The US Government is Profiteering on Struggling Students The Senate is currently deadlocked on taking action to prevent the interest on new Stafford... Read more »
MORE FED EASING COMING IN JUNE
May 17, 2012
Brace Yourself For More Fed Easing In June, Goldman Sachs Says Read More →
Obama pushes European stimulus to save himself
May 16, 2012
Barack Obama is to press German Chancellor Angela Merkel to support a growth package to help bail out Europe at the G8 summit this weekend amid fears in the White House that the eurozone... Read more »
Federal Reserve members ready to step up support for US economy
May 16, 2012
Minutes of the central bank's April 24-25 meeting stated that "several members" thought additional Fed support could be needed if the recovery lost momentum or if the risks to the economy... Read more »
SBSS 27. How Money Dies
May 16, 2012
Wall Street Banks Secretly Build The World’s Largest Private Army
May 16, 2012
Wall Street banks have secretly taken over US firearms and ammunition manufacturers and mercenary firms in a stealth build up world's largest private military force. A Daily KOs article... Read more »
Dutch With Food Aid Shows New Economic Reality Engulfing Europe
May 16, 2012
It’s just after lunchtime on a drizzly day in the Amsterdam suburb of Bos en Lommer and the line of people waiting to fill their bags with free rice, juice, potatoes and bread is... Read more »
Chris Martenson: “We Are About To Have Another 2008-Style Crisis”
May 16, 2012
Chris Martenson is warning everyone to get ready because we’re about to have another 2008-Style crisis, but this time on a global level Read More →
The Housing Rebound Illusion
May 16, 2012
Housing starts were surprisingly strong this week, while there was improving sentiment from home builders. So should we start to breathe a sigh of relief that the housing market is... Read more »
Ending Uncertainty is Prescription for Housing Recovery
May 16, 2012
Federal Reserve Governor Elizabeth A. Duke told attendees at a break-out session of the National Association of Realtors® (NAR) Midyear Legislative Meetings that she wished she had,... Read more »
Go to college and get bankrupt
May 16, 2012
India promises ‘some austerity’ as rupee collapses
May 16, 2012
Facing a collapse in investor confidence and a decline in the rupee to a record low against the dollar, India’s finance minister said Wednesday it was time for “some austerity”... Read more »
Is NBC About to Go Bankrupt?
May 16, 2012
Is NBC About to Go Bankrupt?
May 16, 2012
IIF’s Charles Dallara says Greek exit ’somewhere between catastrophic and armageddon’
May 16, 2012
The damage to the rest of Europe from Greece leaving the euro would be "somewhere between catastrophic and Armageddon", the chief negotiator for the body representing private sector... Read more »
IIF’s Charles Dallara says Greek exit ’somewhere between catastrophic and armageddon’
May 16, 2012
The damage to the rest of Europe from Greece leaving the euro would be "somewhere between catastrophic and Armageddon", the chief negotiator for the body representing private sector... Read more »