Why the World Is Financially Doomed in Four Charts
The global economy is doomed to implosion, and here are four charts which explain why. Charles Hugh Smith Of Two Minds Though the complexities may…
Economy
Government Says No to Helping States and Main Street, While Continuing to Throw Trillions at the Giant Banks
Dees Illustration Washington’s Blog The Wall Street Journal noted last week: Federal Reserve Chairman Ben Bernanke on Friday ruled out a central bank bailout of…
British budget may need EU approval to help shore up the Euro
Anger in City as no Britons given EU financial regulation posts EU President Van Rompuy Daniel Martin Daily Mail Britain could be ordered to submit…
Collapse Can’t Be Hidden Any Longer (Charlie McGrath Video)
YouTube — crabbydogtrix http://www.huffingtonpost.com/ellen-b… http://www.examiner.com/legislative-w… RELATED ARTICLE: 10 Ways You’re Being Fleeced By Banks
Collapse Can’t Be Hidden Any Longer (Charlie McGrath Video)
YouTube — crabbydogtrix http://www.huffingtonpost.com/ellen-b… http://www.examiner.com/legislative-w… RELATED ARTICLE: 10 Ways You’re Being Fleeced By Banks
Max Keiser: ‘Burst banks flood world as banksters sell water to people’
Youtube
Banks Repossess 1 Million Homes in 2010
Dees Illustration Associated Press NEW YORK – The bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more…
The Fed Has Spoken: No Bailout for Main Street
Ellen H. Brown Web of Debt The Federal Reserve was set up by bankers for bankers, and it has served them well. Out of the…
France and Germany veto increase in EU rescue fund
Germany and France have rejected calls by Brussels for a rapid increase in the size and powers of the EU’s rescue machinery, once again exposing…
US Banks Reporting Phantom Income on $1.4 Trillion Delinquent Mortgages
Robert Lenzer Forbes The giant US banks have been bailed out again from huge potential writeoffs by loosey-goosey accounting accepted by the accounting profession and…
10 Things That Would Be Different If The Federal Reserve Had Never Been Created
The Economic Collapse Blog The vast majority of Americans, including many of those who believe that they are “educated” about the Federal Reserve, do not…
JPMorgan CEO Issues Dire Warning On Struggling U.S. Cities
William Alden Huffington Post As cities across the nation face increasing budget strains, the vocal group of experts warning about municipal defaults has gained a…
Banks given go-ahead to pay unlimited bonuses
Ministers cave in to City and reject calls to tackle highest earners as No 10 seeks face-saving deal Patrick Wintour, Jill Treanor and Allegra Stratton…
Broke and Hungry: This Chart Says It All
Mac Slavo SHTF Plan Contrary to the opinion that our economy is on a booming trajectory to the moon, the following chart from the USDA…