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World Financial Crisis Part 5

NDPP
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NDPP
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Max Keiser Interviews Paul Craig Roberts (and vid)

http://presstv.com/Program/239676.html

US Economic problems, Student Loan Crisis, etc


NorthReport
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Joined: Jul 6 2008

No more austerity in Europe - omg

Cdn dollar down

price of oil down

tsx down

dj down

 

This is just a little shock and awe to force investors, and others, into submission.

 

The sky is definitely falling, untill next week when they will want to float more IPOs, and all will be forgotten and forgiven. Laughing


NDPP
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Lloyds of London Preparing for Euro Collapse

http://www.telegraph.co.uk/finance/financialcrisis/9292511/Lloyds-of-Lon...

"The chief executive of the multi-billion pound Lloyd's of London has publicly admitted that the world's leading insurance market is prepared for a collapse in the single currency and has limited its exposure 'as much as possible' to the crisis ridden continent.."

Are the Europeans About to Start the Second Half of our Great Depression? (and vid)

http://www.zerohedge.com/news/are-europeans-about-start-second-half-our-...

" 'Just when we think the worst is over - and let's face it we have been in this crisis for five years - we get the second half; are the Europeans about to start the second half of our Great Depression with massive bank runs' are the Jaws-music-inspired words that recent media-favorite Niall Ferguson uses in an interview with CBC.."


NDPP
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This is the Report that Might be Freaking Everyone Out about Europe Right Now

http://www.businessinsider.com/a-worrisome-report-from-the-ecb-is-freaki...

"It's all about the money central banks are borrowing from the ECB and how they're going about it.."


NDPP
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Europe Moves Closer to Banktatorship  - by Mike Whitney

http://www.counterpunch.org/2012/06/01/europe-moves-closer-to-banktators...

"...German chancellor Angela Merkel is opposed to allowing the European Stability Mechanism (ESM) to recapitalise Spanish banks, but she's likely to capitulate if the crisis worsens. If she does give in, then the mismanaged banks will not be required to restructure their debt, wipe out bondholders and shareholders, remove bad assets, and replace management.

All of the cash for such a bailout would fall on taxpayers, which is exactly what leaders of the European Commission and the European Central Bank want. At the same time the deepening crisis will be used to impose more fiscal reforms which have already pushed unemployment to 20 year highs...

The EU Commission and ECB are allowing the crisis to grow to achieve their goal, which is the creation of a fiscal union controlled by bankers that has unlimited access to funding and the power to impose policy (austerity) through coercion.."


Typical Senior
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Perhaps the fiscal union can just be called a Federal Europe? And let's not forget with the first bailout for Greece, they were forced to buy German arnaments. http://digitaljournal.com/article/318237  which points directly at the action the U.S. wants. Coercion on Steroids.


NDPP
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Collapse At Hand  -- by Paul Craig Roberts

http://www.informationclearinghouse.info/article31507.htm

"...Will it be the end of the EU or the Euro? These are all very dramatic questions that keep focus off the American situation, which is probably even worse. The reason the Wall Street banksters have not been prosecuted for their crimes is that they are an essential part of the Federal Reserve's policy to preserve the US dollar as world currency. How long can the manipulations continue? When will the proverbial hit the fan?"


NDPP
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Engdahl Explains the World (and vid)

http://aangirfan.blogspot.ca/2012/06/engdahl-explains-world.html

In the video below, the historian Frederick William Engdahl explains the economic crisis, the 'Arab Spring' etc


NDPP
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GEAB: Red Alert: Global Systemic Economic Crisis

http://www.globalresearch.ca/index.php?context=va&aid=31507

"September-October 2012 - the shock of the autumn of 2008 will seem like a small summer storm..."


NDPP
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The Disastrous Consequences of a Euro Crash

http://www.spiegel.de/international/europe/fears-grow-of-consequences-of...

"As the debt crisis worsens in Spain and Italy, financial experts are warning of the catastrophic consequences of a crash of the euro: the destruction of trillions in assets and record high unemployment levels, even in Germany..."


NDPP
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Gaming the System  - by Mike Whitney

http://www.counterpunch.org/2012/07/03/gaming-the-system/

"The focus now is on who participates in the collusion. Last May Canada's Competition Bureau filed an affidavit against a number of banks...The stench of corruption is overpowering. Why isn't anyone in jail?"


NDPP
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TNN: Ed Herman on Global Finance (and vid)

http://therealnews.com/t2/index.php?option=com_content&task=view&id=33&I...

"We've been in a period in which the power of finance extends into politics more aggresively than it ever was so it's able to stymie any changes..."


Doug
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Behold, the British establishment, panicked

 

Not something you get to see every day. The LIBOR fixing scandal is a complete disaster to the British financial community. Also, an article here based on ifnromation from an anonymous banker about how it was done.


NDPP
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Eurozone: Centralization Battle Rages On - Max Keiser (and vid)

http://www.presstv.ir/Program/248688.html

interviews Catherine Austin Fitts from Solari.com

on EEC, Reserve currency, Barack Obama, Food Security, GMO food


NDPP
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Asset Holes: US 'Leadership' in Money, Credit, CAFR Surplus Trillions (and vid)

http://www.washingtonsblog.com/2012/07/asset-holes-us-leadership-in-mone...

"US system of money, credit and CAFR so-called 'accounting' are designed by a 1% psychopath class to parasitize wealth from the 99%. The 1% are literally asset holes to the 99%.."

The Artist Taxi Driver Rant (and vid)

http://youtu.be/tM3eMMJNnb8


nussy
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http://www.youtube.com/watch?v=16K6m3Ua2nw

 

A most honest three and a half minutes of television... -  


NDPP
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Keiser Report: Ep 314 (and vid)

http://rt.com/programs/keiser-report/episode-314-keiser-kirby/

"Max Keiser looks at all the scandal behind the financial news headlines.."

 

The Global Financial Fraud and its Gatekeepers  - by Naomi Wolf

http://readersupportednews.org/opinion/279-82/12426-focus-this-global-fi...

"The media's 'bad apple' thesis no longer works. We're seeing systemic corruption in banking - and systemic collusion.."


Fidel
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Jeff Daniels, in that video for HBO's The Newsroom, is really good. Thanks nussy and NDPP.


NDPP
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Triptych: Sugaring Over Evil, Looting the World, Opening the Ark  -  by Chris Floyd

http://www.chris-floyd.com/component/content/article/1-latest-news/2268-...

"...OK, for the sake of argument, let's take these plutocrat-serving poltroons at their word: there is no money. So where did all the money go then? As the Observer reported this weekend, an extraordinary new study shows exactly where the money went: into the offshore tax havens of the super-super rich.

How much of the world's wealth has been squirreled away by this tiny group of gilded buccaneers? At least 21 trillion. And that's just the lowball end. The actual figure could be up to $32 Trillion..."


Fidel
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Beyond Fictitious Kapital  Max Keiser speaks with Michael Hudson

- They can return to progressive taxation and taxing real estate(the rich) or screw pensioners and workers.

- Debts that can not be paid, won't be. 

- Debt deflation, tax deflation, and maintaining the illusion of debt overhead. 

- Hudson says: Nobody trusts the banks anymore including the banks.

- Crash inevitable

- Russians opposing NATO attack on Syria because _________ plus what we feared all along.


Fidel
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Fireside on the Great Theft Recent interview with Michael Hudson in Frankfurt's FAZ newspaper

With references to Dr. Strangelove, Dr. Caligari, Rosa Luxemberg,  Karl Liebknecht, Floyd B. Olson, American Trots and Stalinists, ... and, of course, debts that can not be paid, won't be!


NDPP
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US Austerity: Genocide of 50 Million People  

http://presstv.com/detail/255471.html

"No matter whether the next US president is named Obama or Romney, the Wall Street financier elite that dominates the US is psychotically planning a series of tax increases for the middle class and working people, cuts in benefits and social services, and a transfer of wealth in favor of the top 1%, all of which will add up to a further cut of about 25% in the depleted US standard of living..."

a similar process is underway in Canada, the recent Liberal-NDP Ontario budget with brutal reductions in living allowances for those on welfare or ODSP, was implemented to applause from the usual faux 'progressives'..


Fidel
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NDPP wrote:
a similar process is underway in Canada, the recent Liberal-NDP Ontario budget with brutal reductions in living allowances for those on welfare or ODSP, was implemented to applause from the usual faux 'progressives'..

Quote:
New Democrat changes to the budget• $250 million for new childcare spaces, to keep parents working• Support for local hospitals• Lifting the freeze on OW and ODSP, protecting our most vulnerable neighbours from Liberal cuts• Working with the horse racing industry to offer one-time transition assistance• A real freeze on public sector CEO pay• A promise to work together on a Job Creation Tax Credit• A new Fairness Tax that asks the wealthiest Ontarians to contribute their fair share to building Ontario

Imagine that Hudak had seized phony majority power in Toronto. No one ever mentions that possibility with our manic firstPastthePost games of chance rigged in favour of Bay Street and the one percent.

 


NorthReport
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Joined: Jul 6 2008

Maybe, just maybe, everybody had it wrong.

 

The Coming Oil Boom

http://www.nytimes.com/2012/08/10/us/10iht-letter10.html?src=recg


NDPP
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Lord Rothschild Takes 130 M Bet Against the Euro

http://www.telegraph.co.uk/finance/financialcrisis/9484435/Lord-Rothschi...

"Lord Rothschld has taken a near 130 M bet against the euro as fears continue to grow that the single currency will break up.."


NDPP
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Dollar Falls Most Since 2011 As Central Banks Bump Up Stimulus

http://www.bloomberg.com/news/2012-09-29/dollar-falls-most-since-2011-as...

"The Dollar Index fell by the most since the first quarter of 2011 after the European Central Bank pledged to protect the euro from unraveling as the Federal Reserve committed to reduce unemployment via open-ended debt buying, which may debase the US currency.."

 

Is the Money-Laundering Driven Real Estate 'Boom' Ending

http://www.zerohedge.com/news/2012-09-30/money-laundering-driven-real-es...

"One by one, all the money-laundering loopholes in a broke world are coming to an end. Now it is the turn of real esate..."


kropotkin1951
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Joined: Jun 6 2002

First they came for the immigrants and I was not an immigrant so I said nothing.

Quote:

"I never imagined that something like Golden Dawn would happen here, that Greeks could vote for such people," she sighed. "This policy they have of giving food only to the Greeks and blood only to the Greeks. The whole package is terrifying. This is a party based on hate of 'the other'. Now 'the other' is immigrants, but who will 'the other' be tomorrow?"


NDPP
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Joined: Dec 27 2008

Far Worse Days Ahead For EU Debt Crisis: Analysts (and vid)

http://www.presstv.com/detail/2012/10/02/264586/eu-debt-crisis-to-become...

"...EU countries are likely to experience 'social unrest' and 'bloody riots' as the debt crisis in the single currency bloc deteriorates. Discussion with analysts."


Doug
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Joined: Apr 17 2001

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