Before Greece and Portugal, it was Iceland that chilled investors. Now the country’s finances are recovering and its bonds are turning into a lucrative investment. Fitch has upgraded Iceland’s sovereign credit rating from BB+ to BBB- with a stable outlook. The rating agency lifted “the junk bond status” saying the […]
Corporate Corruption
Rumours that Greece was ready to ditch the Euro saw the currency drop by one per cent against the dollar. [youtube]z9Kn4vTZRqs[/youtube] A German magazine said Greece was planning a pullout of the Eurozone and restore the drachma, as it struggles under the weight of its rescue debt. Leading Greek politicians […]
Today, without much fanfare, US debt to GDP hit 101% with the latest issuance of $32 billion in 2 Year Bonds. If the moment when this ratio went from double to triple digits is still fresh in readers minds, is because it is: total debt hit and surpassed the most […]
It was a National Day of Action for the members of the Occupy Wall Street Movement. On Monday, the movement spoke out against the private prison industry. The prison industry is said to have a lot of influence and power and gains major profits from keeping people behind bars. In […]
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[ h / t : Mike ] [youtube]K99LvfeWBoc[/youtube]
A brief history of Iran and America’s relations and the facts that have led to this political gridlock. This is something every American should watch. [youtube]Q_AHJQiMxIw[/youtube]
Governments and corporations have more control over the Internet than ever. Now, digital activists want to build an alternative network that can never be blocked, filtered or shut down. Just after midnight on January 28, 2011, the government of Egypt, rocked by three straight days of massive antiregime protests […]
This video narrates a collection of diverse phenomena in the debris cloud of the South Tower that point to explosive demolition. [youtube]DChR1XcYhlw[/youtube] Particularly notable is one projectile (which I have not seen discussed previously) that is shooting to the east, then stops, midair, then turns a sharp corner and shoots […]