Category Archives: Economic meltdown

The dollar – and the USA – is toast

WND: Lord Monckton About | Email | ArchiveChristopher Monckton of Brenchley, high priest of climate skepticism, advised Prime Minister Margaret Thatcher, wrote leaders for the Yorkshire Post, was editor of the Catholic paper The Universe, managing editor of the Telegraph … Continue reading

Posted in Economic meltdown, U.S.A. | 1 Comment

German euro founder calls for ‘catastrophic’ currency to be broken up

Telegraph:  Oskar Lafontaine, the German finance minister who launched the euro, has called for a break-up of the single currency to let southern Europe recover, warning that the current course is “leading to disaster”. Mr Lafontaine said on the parliamentary … Continue reading

Posted in Economic meltdown, European Union, Geopolitics | 3 Comments

EU is the New Communism

Posted in Economic meltdown, European Union | 2 Comments

Cyprus may sell some gold reserves to help fund bailout

H/T Richard BBC: At current prices, 400m euros’ worth of gold amounts to about 10.36 tonnes of metal Continue reading the main story Eurozone crisis Cyprus may sell off some of its gold reserves to help finance part of its … Continue reading

Posted in Economic meltdown, Geopolitics | 5 Comments

Baby milk powder rationing introduced by supermarkets

H/T EDL Buck Guardian: Evidence of bulk buying for ‘unofficial export’ to China leads to limits on purchases in UK  stores Foreign-produced baby formula is popular in China. Photograph: AlamyRetailers have been asked to ration sales of baby milk powder … Continue reading

Posted in China, Economic meltdown, England | 1 Comment

Bread riots or bankruptcy: Egypt faces stark economic choices

Wow maybe someone in Egypt should think about maybe trying to get Western tourists to come and admire the ancient artifacts left over from when the people of Egypt did stuff. I bet that money would go a long way … Continue reading

Posted in Economic meltdown, Egypt, Geopolitics | 11 Comments

Wilders’ party now Netherland’s most popular

H/T Oz-Rita Interestingly it seems to be his anti-Eu stance thanks to the stealing out of people’s bank accounts to float the Euro that has him on top more than his ‘let’s put a stop to the Barbarian invaders’ stance. … Continue reading

Posted in Economic meltdown, Geert Wilders, West fights back | 4 Comments

Russia: Cyprus deal is theft, Kremlin may freeze German assets

H/T Fjordman Digital Journal: Like this article21 By Katerina Nikolas Mar 25, 2013 – yesterday in Business 8 comments Russian Prime Minister Dmitry Medvedev has reacted to the Cypriot bailout deal by labelling it as theft. The Kremlin is considering … Continue reading

Posted in Economic meltdown, Ironic and weird | 6 Comments

Spaniards put their money where their a*se is

You know things are bad when… H/T Hermes

Posted in Economic meltdown | 1 Comment

Cyprus bail-out: savers will be raided to save euro in future crises, says eurozone chief

H/T Richard Telegraph: Savings accounts in Spain, Italy and other European countries will be raided if needed to preserve Europe’s single currency by propping up failing banks, a senior eurozone official has announced.   The new policy will alarm hundreds … Continue reading

Posted in Economic meltdown, European Union, Spain | 5 Comments

Tarrant lawmaker seeks to create Texas Bullion Depository

Nothing shows faith in the federal government like moving all your assets closer to home. H/T Gates of Vienna Star-Telegram: Posted Thursday, Mar. 21, 2013 54 Comments  Print Reprints    More from The Texas Tribune By Emily Ramshaw and Aman … Continue reading

Posted in Economic meltdown, U.S.A. | 1 Comment

Rep. Allen West explains the Cyprus financial melt down. An indicator of what is to come?

H/T Richard You may want to turn this one up. They recorded it at rather low volume.

Posted in Economic meltdown, European Union | 2 Comments

Professor Emeritus of public and civil law at the University of Nuremberg, Karl Albrecht Schachtschneider’s realist prognoses for the future of the EU

Translation Hermes NOTE *** There may be an error in the above (My fault not the translator) where the titles say BILLIONS it should say TRILLIONS. Checking that now

Posted in Economic meltdown, European Union | 3 Comments

STRATFOR: Egyptian unemployment for 15 – 29 YO, 77.5%

Egypt: Unemployment Rate Hits Record High August 15, 2012 | 0033 GMT Egypt’s national unemployment rate rose to 12.6 percent in the second quarter of 2012 up from 11.8 percent for the same quarter last year, Egypt’s official statistics agency … Continue reading

Posted in Economic meltdown, Egypt, Geopolitics, Stratfor | 3 Comments

The Last Spasms of the Common Euro Diplomacy

From Gates of Vienna: The mainstream media, especially in Germany, are now openly discussing the end of the euro, and the futility of the current attempts by the EU leadership to save the Eurozone “at all costs”. Many thanks to … Continue reading

Posted in Economic meltdown, European Union | 1 Comment