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

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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

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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

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Is NBC About to Go Bankrupt?

May 16, 2012

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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 »

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