[youtube]oLWvFYbkxnE[/youtube]
Meltdown News
By PAUL CRAIG ROBERTS Source: https://www.counterpunch.com/roberts06032009.html Economic news remains focused on banks and housing, while the threat mounts to the US dollar from massive federal budget deficits in fiscal years 2009 and 2010. Earlier this year the dollar’s exchange value rose against currencies, such as the euro. UK pound, and […]
TV3 Jobs may go at IRD Tue, 21 Apr 2009 9:54a.m. As unemployment grows and the public sector looks to cut spending, jobs at the Inland Revenue are tipped to be the next to go. Prime Minister John Key said as many as 18,000 more people may be unemployed than […]
A new pawnbrokers opens in the heart of London’s financial district beside elite banks where city workers are hocking their high-end watches and jewellery. Go here for the video. Related: Money as Debt, Paul Grignon’s 47-minute animated presentation of “Money as Debt” tells in very simple and effective graphic terms […]
NZHERALD.co.nz 11:00AM Thursday Apr 09, 2009 SAN JOSE, California – Spies hacked into the US electric grid and left behind computer programmes that would let them disrupt service, exposing potentially catastrophic vulnerabilities in key pieces of national infrastructure, The Associated Press has learned. For more, go here. Related: See this […]
Should the New Zealand government be engaging in such negotiations in light of all the evidence that shows that “man-made global warming” is a scam? For example, the IPCC has been caught fabricating data and even one of the IPCC reviewers warns that global warming is a scam, plus as […]
The fed is planning moves that would more than double its balance-sheet assets by September to $4.5 trillion from $1.9 trillion. Whether expressing approval or concern over the fed’s intentions, most commentators fail to understand the real magnitude of the projected expansion of the US monetary base because they don’t take […]
KINGSTON, NY, 27, February 2009 — The wealth of plain, hard facts upon which The Trends Research Institute’s forecasts are based belie the lofty promises made by President Obama’s first address to Congress. “We will rebuild, we will recover, and the United States of America will emerge stronger than before,” […]
https://www.middle-east-online.com Food riots were but one form of economic violence that made its bloody appearance in 2008. As economic conditions worsened, protests against rising unemployment, government ineptitude, and the unaddressed needs of the poor erupted as well, notes Michael T. Klare. Will Economic Brushfires Prove Too Virulent to Contain? The […]
https://www.counterpunch.org/roberts02092009.html Is there intelligent life in Washington, DC? Not a speck of it. The US economy is imploding, and Obama is being led by his government of neconservatives and Israeli agents into a quagmire in Afghanistan that will bring the US into confrontation with Russia, and possibly China, American’s largest […]