China’s Growth Forecast Lowered By IMF

Nothing coming from China is real. All economic numbers are totally ‘massaged’ to the upside, whereas power consumption is collapsing. - China’s growth forecast lowered by IMF (Guardian, May 29, 2013): China needs ‘continued liberalisation and reduced government involvement’ in economy, says deputy IMF managing director David Lipton China needs to make a “decisive push” [...] continue reading world news

Former Fonterra CEO Henry van der Heyden: ‘That’s my point about China. You will be full of surprises. Don’t ever trust them…never..’ – AND NOW: ‘China Is Where New Zealand’s Future Is.’

You can’t make this stuff up! Auckland Airport chairman-in-waiting Henry van der Heyden warned exporters in a speech about doing business with the Chinese. Photo / Richard Robinson - I’m sorry for China comments: ex – Fonterra head (New Zealand Herald, May 28, 2013): Former Fonterra chairman Sir Henry van der Heyden has apologised to [...] continue reading world news

Operators Of Global Currency Exchange ‘Liberty Reserve’ Ran $6 BILLION Money-Laundering Operation Online

www.libertyreserve.com: - Online Currency Exchange Accused of Laundering $6 Billion (New York Times, May 28, 2013): The operators of a global currency exchange ran a $6 billion money-laundering operation online, a central hub for criminals trafficking in everything from stolen identities to child pornography, federal prosecutors in New York said on Tuesday. The currency exchange, [...] continue reading world news

Japan: Stocks Extend Overnight Plunge – Down Over 14% From Highs

- Japanese Stocks Extend Overnight Plunge – Down Over 14% From Highs (ZeroHedge, May 27, 2013): As if the overnight session in Japan was not bad enough, futures markets are indicating yet more weakness from the market that seemed (until 3 days ago) incapable of falling. With a 14.3% drop from its May 22nd highs, [...] continue reading world news

40 Statistics About The Fall Of The U.S. Economy That Are Almost Too Crazy To Believe

- 40 Statistics About The Fall Of The U.S. Economy That Are Almost Too Crazy To Believe (Economic Collapse, May 26, 2013): If you know someone that actually believes that the U.S. economy is in good shape, just show them the statistics in this article.  When you step back and look at the long-term trends, [...] continue reading world news

44% Of Homeowners With A Mortgage Can’t Sell

- 44% of Homeowners With a Mortgage Can’t Sell: Zillow (TheStreet, May 24, 2013): NEW YORK (TheStreet) — About 44% of homeowners with mortgages cannot afford to sell their homes, according to a recent blog post from real estate company Zillow. Despite a recovery in prices, over a quarter of homeowners with mortgage loans still [...] continue reading world news

New Jersey Bars Caught Serving Fake Alcohol

- Operation Swill: New Jersey Bars Caught Serving Fake Alcohol (Liberty, Blitzkrieg, May 24, 2013): It’s been a little while since my last food fraud post on rat meat being sold as lamb on the streets on Shanghai.  It’s been an even longer time since the last post on stealth inflation in alcohol when Maker’s [...] continue reading world news

Will It Be Inflation Or Deflation? The Answer May Surprise You

- Will It Be Inflation Or Deflation? The Answer May Surprise You (Economic Collapse, May 22, 2013): Is the coming financial collapse going to be inflationary or deflationary?  Are we headed for rampant inflation or crippling deflation?  This is a subject that is hotly debated by economists all over the country.  Some insist that the [...] continue reading world news

Greece: Prostitution Soars By 150% – Prostitutes Lower Their Price As Low As 5 EUROS – Youth Unempoyment Hits 75% In Some Areas

Related info: - If You Want To Survive The Coming Greatest Financial Collapse In World History: Bosnia War Survivor: ‘One year in Hell …’ – ’35 Excuses That Will Doom The Non-Prepper’: “Money soon became worthless. We returned to an exchange. For a tin can of tushonka (think Soviet spam), you could have a woman. [...] continue reading world news

UKIP’s Nigel Farage: A Fraud On EU Taxpayers (Video – European Parliament, May 21, 2013)

YouTube Description: • European Parliament, Strasbourg, 21 May 2013 • Speaker: Nigel Farage MEP, Leader of the UK Independence Party (UKIP), Co-President of the ‘Europe of Freedom and Democracy’ (EFD) Group in the European Parliament – http://nigelfaragemep.co.uk • Joint debate: European Council meeting (22 May 2013) – tax fraud and tax havens Speech transcript: “Thank [...] continue reading world news

How The 1% Does DISNEY WORLD

- How the 1% Does Disney World (Liberty Blitzkrieg, May 20, 2013): Plane tickets to Orlando?  Check.  Sunscreen? Check.  Dad’s cholesterol medicine?  Check.  A disabled person to help the family cut the lines at all the rides at Disney World?  Checkmate. After all, how pathetically pedestrian would it be to have to wait on long [...] continue reading world news

It’s Official: Gold Is Now The Most Hated Asset Class

- It’s Official: Gold Is Now The Most Hated Asset Class (ZeroHedge, May 18, 2013) continue reading world news

Belgian Police Investigate Millions Of Counterfeit Euro Coins

- Belgian Police Investigate Millions of Counterfeit Euro Coins (Veterans Today, May 19, 2013): WORLD NEWS TOMORROW – BRUXELLES -During the last month the Belgian Federal police has confiscated several tons of counterfeit Euro Coins that were shipped from China via the Belgian territory into the European Union. There seems to been a huge increase [...] continue reading world news

From Petrodollar To Petrogold: The US Is Now Trying To Cut Off Iran’s Access To Gold

- From Petrodollar To Petrogold: The US Is Now Trying To Cut Off Iran’s Access To Gold (ZeroHedge, May 16, 2013): The US is moving to broaden its ‘blockade’ efforts of Iran to the movement of pure gold into the Islamic Republic. The US-led embargo of Iranian crude succeeded in slowing the flow of petrodollars [...] continue reading world news

Amazon UK Pays $3.7 MILLION Tax On $6.5 BILLION Sales

- Amazon UK pays $3.7 million tax on $6.5 billion sales (Reuters, May 15, 2013): Corporate tax avoidance has risen to the top of the political agenda in Europe following revelations in the past couple of years about how little big names like Apple Inc., Starbucks, Google and Microsoft pay in tax in markets where [...] continue reading world news

Why Has $1 Billion in Gold been Shipped from New York to South Africa?

- Why Has $1 Billion in Gold been Shipped from New York to South Africa? (Liberty Blitzkrieg, May 14, 2013): In what may be the strangest story I have seen in a while related to the gold market, it appears $982 million worth of gold has left JFK international airport in New York to some [...] continue reading world news

‘And The Award For The Most Creative Excuse For Joining Currency Wars Goes To … The Bank Of Israel!’

- “And the award for the most creative excuse for joining currency wars goes to…” (Lighthouse Investment Management, May 13, 2013): … the Bank of Israel! On Monday, Bank of Israel cut interest rates in a surprise decision to 1.5% from 1.75%. Also, they are done with watching the Shekel strengthen against the dollar: “Beginning [...] continue reading world news

Marc Faber: ‘Something Will Break Very Badly’

- Marc Faber: “Something Will Break Very Badly” (ZeroHedge, May 10, 2013): During an interview with The Globe and Mail, ‘Gloom, Boom, and Doom’s Marc Faber unleashed some awful truthiness about gold “I buy gold every month”, real estate “bubble territory”, and the likelihood of a crash in smoke-and-mirrors-like asset markets. Q: Is it a [...] continue reading world news

Is It Game Over For Japan

- Is It Game Over For Japan (ZeroHedge, May 10, 2013): … Since that time, the Yen has positively imploded. It broke below 100 yesterday for the first time in years. It’s now fast approaching the long-term trend line. When we take this out, it’s GAME OVER for the great monetary experiment of Japan. Japan [...] continue reading world news

Every President His Bubble – And Its Aftermath

- Every President His Bubble – And Its Aftermath (Testosterone Pit, May 10, 2013): During their second term, Presidents become obsessed with “legacy.” One of the yardsticks to measure their success is the stock market. Many people can relate to it. Retirement depends on it. It’s mentioned even on NPR several times a day. Outside of [...] continue reading world news

Jim Grant On Gold’s Recent Drop: ‘Confidence In Bernanke Is Utterly Misplaced’

- Jim Grant On Gold’s Recent Drop: “Confidence In Bernanke Is Utterly Misplaced” (ZeroHedge, May 9, 2013): “Inflation is a state of affairs in which there is too much money,” Jim Grant notes in this Bloomberg TV interview, however, “It’s not too much money chasing too few goods,” he corrects the misnomer, “the thing this [...] continue reading world news

Terrifying Video Shows One Half-Second Of High Frequency Trading In Just One Stock!

Related info: - JPMorgan Has Zero Trading Losses In The First Quarter YouTube Added: 03.05.2013 - This Video Of One Half-Second Of High Frequency Trading Is Insane, Terrifying (Huffington Post, May 9, 2013): You have no idea just how bonkers high-frequency trading is making the stock market until you actually see it in action. A [...] continue reading world news

Deutsche Bank: ‘We Fully Understand Why The Authorities Wouldn’t Want Free Markets To Operate Today’

- Deutsche Bank: “We Fully Understand Why The Authorities Wouldn’t Want Free Markets To Operate Today” (ZeroHedge, May 9, 2013): A brief stroke of brilliance from Deutsche Bank’s Jim Reid: Our opinion is that the BoJ is the latest runner with this demand baton which may in turn actually force others into the race (ECB [...] continue reading world news

Here Is The S&P With And Without QE

- This Is The S&P With And Without QE (ZeroHedge, May 6, 2013): … One final point: for all those who say the Fed’s QE has “been successful”, or the stock market is sufficiently strong and does not need any more forced liquidity injections, here is a simple suggestion: just end it. … continue reading world news

German Euro Founder Calls For ‘Catastrophic’ Currency To Be Broken Up (Telegraph)

- German euro founder calls for ‘catastrophic’ currency to be broken up (Telegraph, May 5, 2013): 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”. “The economic situation is worsening from [...] continue reading world news

The US Regulatory Vice Closes On Bitcoin

- The US Regulatory Vice Closes On Bitcoin (ZeroHedge, May 6, 2013): Just six weeks after the US Treasury decided enough-was-enough with this upstart non-fiat, non-controlled-by-TPTB currency (and applied money-laundering reglations), US financial regulators are now looking for supervisory control over Bitcoin. As The FT reports, CFTC’s Bart Chilton notes “it’s not monopoly money – [...] continue reading world news

Gerald Celente – Trends In The News – ‘Arrogance & Bullshit!’ (Video)

YouTube Added: 03.05.2013 continue reading world news

The Monarchs Of Money: ‘These Guys Are Really More Powerful Than The Government’ (CBC The National – Video)

YouTube Added: 29.04.2013 Commentary: “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. … This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. [...] continue reading world news

22 Facts That Prove That The Bottom 90 Percent Of America Is Systematically Getting Poorer

- 22 Facts That Prove That The Bottom 90 Percent Of America Is Systematically Getting Poorer (Economic Collapse, May 1, 2013): The mainstream media is not telling you this, but the truth is that most Americans are steadily getting poorer.  The middle class is being absolutely eviscerated, and poverty is soaring to unprecedented heights.  The [...] continue reading world news

Killing Small Business: Percentage Of Self-Employed Americans At Record Low

- They Are Murdering Small Business: The Percentage Of Self-Employed Americans Is At A Record Low (Economic Collapse, May 2, 2013): The percentage of Americans that are working for themselves has never been lower in the history of the United States.  Once upon a time, the United States was a paradise for entrepreneurs and small [...] continue reading world news

Connecticut Begins Gold Dealer Shutdown

- Connecticut Begins Gold Dealer Shutdown (Activist Post, April 30, 2013): If you don’t own gold yet, you might really want to hurry up and get some. We keep saying it, but this time it’s not just because physical precious metals are getting incredibly scarce. Purchasing gold may become outright illegal if what’s going on [...] continue reading world news

20 Signs That The Next Great Economic Depression Has Already Started In Europe

- 20 Signs That The Next Great Economic Depression Has Already Started In Europe (Economic Collapse, April 29, 2013): The next Great Depression is already happening – it just hasn’t reached the United States yet.  Things in Europe just continue to get worse and worse, and yet most people in the United States still don’t [...] continue reading world news