For the last few days, we’ve been having an important discussion about the magnitude of the economic challenges in the west; if you didn’t read yesterday’s letter, I really encourage you to do so before proceeding...
This is a master page with links to articles, videos, pictures and coverage of the secretive Bilderberg meeting, taking place over the 8-13th June 2011 in St Moritz, Switzerland.
Greece had its credit rating cut three levels by Standard & Poor’s, which branded the nation with the world’s lowest debt grade and said a restructuring looks “increasingly likely.”
A new ATM for a Russian bank turns money machines into truth machines, using fingerprint recognition, 3-D face scans and voice analysis to determine whether customers are worthy of applying for credit cards.
The world is seemingly under stress from almost all sides. Lets take a look at a couple of the cross currents in the world, some of which no one is talking about yet.
While the European Union is dragging its legs regarding a sustainable solution for Greece, the Greeks are on the move, withdrawing large sums of money from the banks (before they won’t be able to), taking to the streets and begin talking about a revo
The Muslim world, on the other hand, has struggled during this era of unprecedented global wealth creation. These countries have profited almost solely, by happy geological accident, from oil and gas extraction. Beyond these activities, economic acti
The central Spanish region of Castilla-La Mancha is “totally bankrupt”, according to the incoming administration of the rightwing Popular party (PP), an accusation that will deepen concerns about Spain’s budget deficit.
How is it that the world's fortunes hang on the life or death of a murderous thug that the US has been supporting for 30 years? And why, in fact, if Yemen's President Ali Abdullah Saleh is so important, isn't it common knowledge?
Company officials said they rate the Onca Puma plant as one of the largest ferronickel production plants in the world with annual nickel production set to exceed 53,000 tons. Once fully operational the plant will have an annual capacity to produce
The Wall Street Journal and the Heritage Foundation use 10 separate benchmarks to determine, in 183 countries, economic success. The 2011 Index of Economic Freedom is the latest chapter in this study that has been taking place since 1995.
The ques
As it turns out, not all of the world’s wild things are in Max’s bedroom. Some of the wildest things of all are in the accounting ledgers of various national governments. Greek finances, for example, aren’t just wild; they’re scary too.
Most Americans are aware of some, but not all, of the striking similarities between Greece and the United States. To wit: Both countries have a national debt that can’t be paid off without resorting to theft and serfdom,...
BARCELONA – Viva la revolution! Spain’s youth are staging boisterous but peaceful protests across the country that many call the Iberian version of the popular revolutions sweeping the Arab world.
Debt is slavery… or at least indentured servitude of the worst kind. That looming mortgage, the high interest credit card debt, the short-term car loan– these are the forces that keep people from breaking free and taking action.
One of the most interesting things going on here in Hong Kong at the moment is the gradual displacement of the US dollar, and even the local Hong Kong dollar, by the Chinese Yuan.
The destruction of a currency is, without doubt, positively devastating for a society. History is generous with examples dating all the way back to 212 BC when Rome first devalued its denarius silver coin by 50%. Recent examples are also plentiful.
Total world resource use has risen from about six billion tons in 1900 to 49 billion tons in 2000 and has already gone up to an estimated 59 billion tons now.
Currently people in rich nations consume an average of 16 tons of minerals, ores, fossil
Celente says riots from Iran to Spain are the beginning of another world war, precipitated by food prices, unemployment and inequality. Last year he claimed that 2011 would bring "Off With Their Heads 2.0" and the prediction is going well so far.
Greece's prime minister called again for consensus at a meeting with the country's president on Wednesday, declining to comment on reports that his government is considering a referendum on more austerity measures.
King William privatized the Bank of England, established the City of London, and turned control of England's money over to an elite group of international bankers.
The laws of the United States do not apply inside its walls, and until earlier this month the I.M.F.’s own rules contained an unusual provision that some experts and former officials say has encouraged managers to pursue the women who work for them:
The International Monetary Fund’s director, Dominique Strauss-Kahn, was arrested last Sunday in New York City on the allegation of an immigrant hotel maid that he attempted to rape her in his hotel room.
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