By The Automatic Earth Arthur Rothstein Elm Street, Theater Row, Dallas Jan 1942 I don’t think it’s ever a good sign, no matter how funny it may look, when the US state Department makes one think of […]
The global economy is in crisis. The financial system has failed, international trade has contracted sharply and unemployment has soared. Only a multi-trillion dollar government intervention is preventing a worldwide breakdown on the scale of […]
Source: RT If the standoff with Russia and the West reaches a point where the EU has to completely cut trade with Russia, oil prices could soar above $200 per barrel, sparking a global economic […]
By Dan Dicks, Press For Truth, Released on 7/21/14 “The Federal Reserve, and for that matter, all these other central banks in the world, serve absolutely no useful purpose, and they should all be abolished.” “My […]
By: Steve Saville When the central bank pumps money into the economy and suppresses interest rates it creates incentives to speculate and invest in ways that would not otherwise be viable. At a superficial level the […]
By Eric Sprott While most have been conveniently blaming the tepid first quarter -2.9% GDP growth figure on the weather, we believe that it is just another symptom of a much deeper malaise. As we […]
by Tyler Durden The official measure of Q1 productivity growth currently looks likely to be revised down to almost -6% (annualized) – the worst in almost 70 years. As Goldman points out, even on a longer-term basis, […]
By Michael Snyder The basic necessities in life just keep getting more expensive. On Tuesday, Hershey announced that the price of all of their chocolate bars is going to go up by about 8 percent. That […]
GROWING SUB-PRIME POPULATION with Charles Hugh Smith & Gordon T Long In this 28 minute video Gordon T Long and Charles Hugh Smith discuss through the aid of 23 slides the growing sub-prime population in […]
By Tyler Durden Three months ago we discussed in detail the growing anti-dollar hegemony alliances that were building across the BRICS countries (Brazil, Russia, India, China and South Africa). Their efforts at the time, to create a structure […]
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