“China: Turning away from the dollar – FT.com”
“Russia may seek China help to deal with crisis | South China Morning Post”
“Wealth gap in America widens to record level, report says – LA Times”
“$4.20 Per Pound: Price of Ground Beef Climbs to Another Record | CNS News”
“Personal Saving Rate – FRED – St. Louis Fed”
“Judicial Watch Obtains Records Revealing Obama’s $1,176,120.90 in Transportation Expenses to Attend Political Fundraisers in Los Angeles […]
Leaving the West Behind
Germany Looks East
Russia’s annexation of Crimea in March 2014 was a strategic shock for Germany. Suddenly, Russian aggression threatened the European security order that Germany had taken for granted since the end of the Cold War. Berlin had spent two decades trying to strengthen political and economic ties with Moscow, but Russia’s actions in Ukraine suggested that the Kremlin was no longer interested in a partnership […]
Graphene is just one atom thick, but it’s poised to cast a wide shadow over the future of business. Some 200 times stronger than steel yet lighter than paper and more flexible than a contortionist, graphene is hailed as a miracle material with the potential to revolutionize products and processes across industries from consumer electronics to biomedicine.
First isolated in 2004 by physicists Andre Geim and Konstantin Novoselov, who won a […]
Use google translate:
Greece had violated EU sanctions against Russia and the Russian Federation signed a contract for the supply of spare parts for air defense system. It is reported by RIA Novosti and the military source in Athens. “The contract for the supply of spare parts for top-M-1, and” OSA-AKM “signed this week,” – a spokesman said. The amount of the contract were not disclosed. “It is important not only […]
by Editor of the Fabius Maximus website
Summary: Our leaders lie to us because they can, because we don’t hold them to a higher standard. This breaks from American’s wild west traditions, where a man’s background was unknown but his reputation was everything. This post lists five of the most outrageous US government lies since WWII. A complete list would require you to spend all day reading it. When we no […]
from SGT Report.com:
Our friend Michael Noonan from Edge Trader Plus joins us to discuss the stark economic reality humanity is facing under the iron fist rule of the Rothschild International banking SYSTEM of total control. And despite the inevitable future collapse of the Dollar and the consequent end of U.S. world hegemony, according to Michael, the chances of toppling the Rothschild’s from their seat of world power appear to be […]
Approximately 3% of the population is preparing for a major event to occur within the United States. As I read the headlines from week to week, it seems as though almost any SHTF scenario is possible in today’s day and age. There are financial issues, geopolitical instability, peculiar changes in our natural environment (e.g. -mass animal deaths), solar weather issues, etc. While some have absolute conviction in what they […]
Nobody wants to return to the kind of risky home loans that spurred 2008’s banking collapse. Sliding back toward lax lending would be nuts.
Yet Washington officially endorsed such loans this month.
Federally controlled mortgage giants Fannie Mae and Freddie Mac announced they’ll back loans to low-income Americans who put just 3% down, even though such loans have a high default rate.
The risky mortgage program has the blessing of Federal Housing Finance […]
#oil financial crisis? Deutsche Bank says Brent below $60 implies “significant default risk” of US energy high yield pic.twitter.com/EO4guh3vAd
— Javier Blas (@JavierBlas2) December 16, 2014
#OIl prices stabilise above $60 a barrel: it could be a mirage as physical market continues to flash weakness #OPEC pic.twitter.com/ziydbMKki7
— Javier Blas (@JavierBlas2) December 22, 2014
Saudi oil min says ready to raise output if new clients emerge
Saudi Arabia is prepared to increase its oil output […]
by Adam Taggart
Whether or not you’ve had time yet to plow your way through David Collum’s excellent 2014 Year in Review, our annual podcast with Dave always brings additional color to light — and this year’s is no exception.
To me, the global economic theme is existential risk. That’s a phrase I use repeatedly throughout my Year In Review. Things now seem to be coming to a head.
A metaphor that I came […]
Chris Powell of the Gold Anti-Trust Action Committee (GATA) says the evidence is clear that central banks are intervening in all futures markets. Powell charges, “The documents don’t prove that any particular central bank is trading any particular futures contract on any given day, but they do show the central banks are trading secretly in all U.S. futures markets. That means our market economy has been destroyed. It really means […]
By Michael Snyder
Make no mistake – there is now a state of open warfare on the streets of America. Earlier this year it was being reported that the number of police officers killed on the job was up 40 percent in 2014, and that was before all of the civil unrest caused by the deaths of Michael Brown and Eric Garner. At this point, attacks on police officers are becoming […]
Beijings airpocalypase- city on the verge of being uninhabitable, elite schools building air tight domes for kids sports
Beijing’s air quality has long been a cause of concern, but the effects of its extreme levels of pollution on daily life can now be seen in physical changes to the architecture of the city. Buildings and spaces are being reconfigured and daily routines modified to allow normal life to go on beneath […]
For some retirees, Congress has played the Grinch this holiday season.
Tucked into the federal spending bill were provisions that will allow certain struggling multi-employer pension plans to reduce benefits already being received by retirees.
The move was the result of an alarm from the Pension Benefit Guaranty Corp. that multi-employer plans covering more than 1 million participants are substantially underfunded and, without legislative changes, will probably fail. The deficit for PBGC’s […]
Ok, we CANNOT murder cops. We cannot give the government a reason to declare “State of Emergency” and whip out that Martial Law.
— CATTY NOIR (@AZEALIABANKS) December 21, 2014
Azealia Banks: We CANNOT murder cops and risk government declaring martial law
AL SHARPTON LEADS MARCH IN DC AS NYC PROTESTERS CHANT: ‘WHAT DO WE WANT? DEAD COPS!’ Joining the families of blacks killed by police, thousands marched toward the capitol and […]
America’s Big Five Are Plunging the World Into Another Banking Crisis
A comeback of the pre-crisis lending practices by the world’s biggest banks could end in another banking crisis. So, what exactly are the banking policies? Radio Sputnik is discussing it with former World Bank economist Peter Koenig.
In his story titled ‘Memories of Financial Crisis Fading as Risks Rise’ an AP economics writer Paul Wiseman points to several factors which banking analysts describe […]
December 20th, 2014
Prior to the crash of 2008 global trade was rocking. It was a boon for shipping companies around the world who are responsible for moving raw materials, commodities and consumer products from one country to another. Wall Street, of course, had devised a way to track all of this movement and often pointed to the Baltic Dry Index (BDI) as the primary indicator for health in the global […]
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With the US raising their debt ceiling, are we in a global bail-out bubble that will eventually burst? This doc offers a fresh insight into the greatest economic crisis of our age: the […]
President Barack Obama is “recklessly” spreading rumors of a Pyongyang-orchestrated cyberattack of Sony Pictures, North Korea says, as it warns of strikes against the White House, Pentagon and “the whole U.S. mainland, that cesspool of terrorism.”
Such rhetoric is routine from North Korea’s massive propaganda machine during times of high tension with Washington. But a long statement from the powerful National Defense Commission late Sunday also underscores Pyongyang’s sensitivity at a […]
Just how bad is China’s housing bubble? http://t.co/CdoN4uuO88 pic.twitter.com/Hd695GkYyn
— The Economist (@TheEconomist) December 21, 2014
The World in 2015: The Magna Carta adapted to the internet age for its 800th anniversary http://t.co/LXCQgEz0jy pic.twitter.com/1cwo9Cu8tB
— The Economist (@TheEconomist) December 22, 2014
The 15-member council, which includes the UK, the US, China and Russia, will discuss whether North Korea’s leader Kim Jong Un should be referred to the International Criminal Court for “crimes against humanity”.
The US Ambassador to the UN welcomed the meeting.
Samantha Power said: “The human rights violations in North Korea are among the worst in the world. They are widespread. They are systematic.”
She added: “Given the threat they pose to […]
Thanks #EricHolder and @WhiteHouse for giving this stunning piece of humanity legitimacy. #RepresentsYouWell pic.twitter.com/KeHceJNjIl
— Stacey Lennox (@ScotsFyre) December 22, 2014
AUBURN, Calif. (KCRA) –
A heavily armed suspect died Sunday after firing more than 100 rounds at law enforcement officials and other homes in his quiet Auburn neighborhood.
Photos: Man dies in Auburn-area shooting, standoff
The gun battle took place on Kemper Oaks Court after deputies responded to reports of shots fired shortly before 11 a.m., officials said.
Watch report: Auburn man dies in gunbattle, standoff in burning house
The suspect’s girlfriend told police he […]
A Ferguson protest leader who was invited to a police reform meeting by the Department of Justice last month taunted police with the same “pigs in a blanket” phrase used by NYPD cop killer Ismaaiyl Brinsley during a demonstration on Saturday night, while his fellow protester labeled Brinsley a “motherfucking hero”.
Bassem Masri, who ran one of the most popular livestreams during the Ferguson protests, is seen in the clip marching […]
Ronald T. Hosko — a former assistant director of the Federal Bureau of Investigation and current president of the Law Enforcement Legal Defense Fund — issued a statement Sunday condemning the brutal murder of two New York Police Department officers and placing the blame for their deaths on “race provocateurs.”
“While the criminal who shot these officers down is ultimately responsible for their murders, a thoughtful society must examine the social […]
Time Magazine warned of a growing threat to cops nationwide in September 2010. The nationally renowned publication argued that sinister individuals would launch targeted attacks against police officers and even ambush them in their patrol cars.
Time alerted readers that these groups and individuals have a disturbing hatred of cops and that there was a real threat of “lone-wolf” attacks.
Who are these groups that present such a threat to police? Right-wing militias, […]
Former New York City Mayor Rudy Giuliani slammed current Mayor Bill de Blasio and the Obama administration on Sunday, blaming them for creating an anti-police atmosphere.
“It’s a tragedy,” Giuliani said after the hosts of “Fox News Sunday” showed clips of Obama administration officials commenting on the deaths of Michael Brown and Eric Garner. “That is exactly the kind of misinformation, the kind of lying, that creates this atmosphere of anti-police hatred.”
Giuliani also scolded de Blasio for his […]