Authored by Alberto Bagnai, Brigitte Granville, and Antoni Soy, originally posted at Project Syndicate, The first sentence of the 1957 Treaty of Rome – the founding document of what would eventually become the European Union – calls for “an ever-closer union among the peoples of Europe." Recently, however, that ideal has come under threat, undermined by its own political elite, which[...]
Category: News
Speaking Of Provocation: NATO Conducts Military Maneuvers 300 Yards From Russia’s Border
By Daniel McAdams When a Russian bomber flew over international waters some 25 miles off the southwest tip of England last week, UK Defense Secretary Michael Fallon called Russia “a real and present danger.” The UK government scrambled jet fighters to meet the Russian aircraft as a show of force. Said Secretary Fallon of the incident, “NATO has to be ready for any kind of aggression from[...]
Is This The Most Important Chart For The Future Of The World’s Reserve Currency?
When it comes to the future of the dollar status as the world's reserve currency, the most important chart may be the fact that the US is now so woefully buried in debt that another global military conflict appears inevitable... ... or that it now takes virtually unlimited monetization of the debt shown above to preserve the illusion that the US is not bankrupt, pushing the S&P to record[...]
Richard Russell Just Exposed A Coming Event That Is Going To Shock The World!
As people continue to digest breaking news out of Greece and Ukraine, today the Godfather of newsletter writers, 90-year-old Richard Russell, just exposed a coming event that is going to shock the world. Russell also warned the world is completely unprepared for this and told investors how to position themselves. The Disease – Deflation And A World Drowing In Debt Richard Russell: "The[...]
Why Does Maryland Have The Most Millionaires Per Capita? The Answer Might Make You Angry
by Michael Snyder The Economic Collapse Blog The fat cats in Washington D.C. are living the high life, and they are doing it at your expense. Over the past decade, there has been one area of the country which has experienced a massive economic boom. Thanks to wildly out of control government spending, the Washington D.C. region is absolutely swimming in cash. In fact, at this point the state of[...]
Why It’s So Difficult to Repair Stuff: It’s Made That Way
by Charles Hugh Smith Of Two Minds Everything made with cheap, unreliable parts/components will break down long before the entire assembly has lost its utility. In Here’s What’s Wrong with Corporate America–and the U.S. Economy (December 17, 2014), I concluded that once Corporate America books the sale, they’re done with customers. Customer service after the sale (when the upfront[...]
How Our Crazy Money System Works
by Bill Bonner Acting Man Squirrelly and Subtle Yes, we were in London, taking care of business. Now, we’re back in Buenos Aires. We’ve tried medication. We’ve tried prayer. We’ve tried heavy drinking – all in an effort to understand how our crazy money system works. And where it leads. You’d think it would be easy. It’s just Central Banking 101, no? Well, no. It is squirrelly… [...]
Most Americans Are Slaves And They Don’t Even Know It
By Michael Snyder Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do. These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of us are. It is just that the mechanisms of our enslavement have become much more sophisticated over time. It[...]
1 in 3 Americans on Verge of Financial Ruin
By Catey Hill The rich keep getting richer. The rest of us aren’t so lucky. According to a survey released Monday by Bankrate.com of more than 1,000 adults, 37% of Americans have credit card debt that equals or exceeds their emergency savings. “These numbers mean that three out of every eight Americans are teetering on the edge of financial disaster” — thanks to the fact that many of[...]
Alan Greenspan Warns: There Will Be a “Significant Market Event… Something Big Is Going To Happen”
Mac Slavo February 22nd, 2015 SHTFplan.com With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic highs. But the insiders know different. And if[...]