Eike Batista’s OGX Files Bankruptcy: Largest Ever In Latin American History

- Batista’s OGX Files Bankruptcy: Largest Ever In Latin American History (ZeroHedge, Oct 30, 2013): In line with what we discussed last night, once cajillionaire Eike Batista’s net wealth has now collapsed to less than -$746.5 Million according to Bloomberg as Veja notes, his “take over the world” company OGX has declared bankruptcy following the [...] continue reading world news

The 10 U.S. Cities With Less Than Ten Days Of Cash On Hand

- The Ten US Cities With Less Than Ten Days Of Cash On Hand (Zerohedge, Oct 29, 2013): As the Detroit bankruptcy hearing heats up following news that the city’s unsecured creditors, among them pensioners, are set to recover pennies on the dollar, 16 to be precise, the question of which are the next cities [...] continue reading world news

29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding

- 29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding (Economic Collapse, Oct 27, 2013): Did you know that the number of Americans on welfare is higher than the number of Americans that have full-time jobs?  Did you know that 1.2 million public school students in the U.S. are currently homeless?  Anyone [...] continue reading world news

Iraq Veteran: Losing Home ‘Worse Than Getting Blown Up’

Mike Hutmacher | The Wichita Eagle Jerrod Hays of Wellington had nearly one half of his face blown away in Iraq when the armored Humvee he was riding in with three fellow soldiers got hit by explosions in an attack by the enemy, killing one and critically injuring the others in 2009. (Oct. 23, 2013) [...] continue reading world news

What Will It Take To Blow Up The Entire Japanese Banking System? (Not Much, According To The Bank of Japan)

Related info: - ‘Japan Has No Alternative But To Print And Print And Print’ (Chart Of The Day) - What Will It Take To Blow Up The Entire Japanese Banking System? (Not Much, According To The Bank of Japan) (Testosterone Pit, Oct 23, 2013): Hideo Hayakawa, former Bank of Japan chief economist and executive director, set [...] continue reading world news

25 Stats That Prove That The American Dream Is Being Systematically Destroyed

- 25 Stats That Prove That The American Dream Is Being Systematically Destroyed (The American Dream, Oct 24, 2013): The 25 statistics that you are about to read are solid proof that the middle class in America is being systematically wiped out.  Once upon a time, the United States had the largest and most prosperous [...] continue reading world news

The Biggest Scam In The History of Mankind (Infographic)

- Picturing The Biggest Scam In The History of Mankind (ZeroHedge, Oct 22, 2013): Last week Mike Maloney exposed the “biggest scam in the history of mankind” in 7 easy steps in his latest presentation. As Mike explains, most people can feel deep down that something isn’t quite right with the world economy, but few [...] continue reading world news

‘Japan Has No Alternative But To Print And Print And Print’ (Chart Of The Day)

- Chart Of The Day: “Japan Has No Alternative But To Print And Print And Print” (ZeroHedge, Oct 22, 2013) Today’s Chart of the Day comes by way of SocGen’s Albert Edwards who in one image shows why, with gross debt issuance needs between budget funding and rolling maturities at 60% of GDP, Japan has [...] continue reading world news

Marc Faber Blasts ‘We Are The Bubble … There Is No Exit Strategy’ (Video)

- Marc Faber Blasts “We Are The Bubble… There Is No Exit Strategy” (ZeroHedge, Oct 21, 2013): “The question is not ‘tapering’,” Marc Faber exclaims to his hosts on CNBC’s Squawk Box this morning, “the question is at what point will they increase the asset purchases to say $150 [billion] , $200 [billion], or a [...] continue reading world news

Is This Where McDonald’s Egg McMuffins Come From? (‘Mercy For Animals Canada’ – Video)

- Hidden camera alleges to show animal abuse at McDonald’s supplier (The Globe And Mail, Oct 21, 2013): Mercy for Animals Canada says hidden camera captured abusive treatment, cruel conditions for birds at Ku-Ku Farms and Creekside Grove Farms, which supplies chicks that lay eggs for McDonald’s Egg McMuffins. McDonald’s has not commented on the [...] continue reading world news

Ron Paul: ‘The Longer QE Lasts, The Worse It Will End’

- Ron Paul Knows “The Longer QE Lasts, The Worse It Will End” (ZeroHedge, Oct 19, 2013): In this exclusive interview with Birch Gold Group, former Congressman Ron Paul shares his opinions on a number of topics, including investing in physical gold and silver, the future of the U.S. dollar and the role of the [...] continue reading world news

UK Orders WSJ To Withold Names Of Implicated LIBOR Manipulators After Story Already Hits Wires

- UK Orders WSJ To Withold Names Of Implicated LIBOR Manipulators After Story Already Hits Wires (ZeroHedge, Oct 18, 2013): In what is a staggering example of not only state meddling in the affairs of the “free press”, but worse, sheer state idiocy, yesterday the WSJ posted an article on its website revealing that as [...] continue reading world news

China’s Largest Conglomerate Buys Building Housing JPMorgan’s Gold Vault (The World’s Largest Bank Vault)

- China’s Largest Conglomerate Buys Building Housing JPMorgan’s Gold Vault (ZeroHedge, Oct 18, 2013): In what is the most remarkable news of the day, which has so far passed very quietly under the radar, Fosun International, China’s largest private-owned conglomerate which invests in commodities, properties and pharmaceuticals also known as “Shanghai’s Hutchison Whampoa”, announced in [...] continue reading world news

Gold Celebrates America’s Three Month Can Kicking, Soars

- Gold Celebrates America’s Three Month Can Kicking, Soars (ZeroHedge, Oct 17, 2013): Remember that persistent seller of epic and oddly periodic amounts of gold futures contracts, whose dumps have resulted in two NYMEX “stop logic” shutdowns in the past month alone, and whose daily tape bombing is now watched carefully by all (even the [...] continue reading world news

Food Stamp Recipients Delivered One-Two Punch By Govt Shutdown, End To Stimulus Boost

See also: - Foodstamp Program Shutdown Imminent? USDA Letter Tells States Across The Country To Stop SNAP In November (Video) - Food stamp recipients delivered one-two punch by govt shutdown, end to stimulus boost (RT, Oct 16, 2013): The government shutdown and a looming sunset on a temporary funding boost from the 2009 stimulus make [...] continue reading world news

Prof. Michel Chossudovsky: Shutdown Of US Govt & ‘Debt Default’: Dress Rehearsal For Privatization Of Federal State System?

The U.S. Capitol looms in the background of a sign on the National Mall reminding visitors of the closures to all national parks due to the federal government shutdown in Washington October 3, 2013. (Reuters/Kevin Lamarque) Michel Chossudovsky is an award-winning author, professor of economics, founder and director of the Centre for Research on Globalization, [...] continue reading world news

How Much Longer Will The U.S. Dollar Be The Reserve Currency?

- How Much Longer Will the Dollar be the Reserve Currency? (Ludwig von Mises Institute, Oct 12, 2013): We use the term “reserve currency” when referring to the common use of the dollar by other countries when settling their international trade accounts. For example, if Canada buys goods from China, it may pay China in [...] continue reading world news

U.S. May Join Germany Of 1933 In Pantheon Of Defaults (Bloomberg, Oct 14, 2013)

Failure by the world’s biggest economy to pay its debt in an interconnected, globalized world risks an array of devastating consequences that could lay waste to stock markets from Brazil to Zurich. - U.S. May Join Germany of 1933 in Pantheon of Defaults (Bloomberg, Oct 14, 2013): Reneging on its debt obligations would make the [...] continue reading world news

Red Cross Launches Emergency Food Aid Plan In The UK … First Time Since World War II

- Red Cross Launches Emergency Food Aid Plan in the UK – First Time Since World War II (Liberty Blitzkrieg, Oct 12, 2013): Welcome to the global recovery folks. A recovery that is so strong in the UK, the Red Cross has been called in to provide food aid for the first time since World [...] continue reading world news

U.S. Treasury ‘Firm Believers In Gold’, Will Not Sell Even To Avoid Default

- U.S. Treasury “Firm Believers In Gold”, Will Not Sell Even To Avoid Default (ZeroHedge, Oct 11, 2013) continue reading world news

Hedge Fund Manager Kyle Bass Warns: ‘There Is No Way To Protect Yourself If US Treasuries Default’ (Video)

Flashback: - Hedge Fund Manager Kyle Bass: Senior Obama Administration Official Said: ‘We’re Just Going To Kill The Dollar’ (Video) - Kyle Bass Warns “There Is No Way To Protect Yourself If US Treasuries Default” (ZeroHedge, Oct 9, 2013): “If the politicians lead us into a ‘prioritization of payments’ situation for Treasury Secretary Lew or [...] continue reading world news

How Brazil’s Middle Class Dream Became A Debt-Fuelled Nightmare

- How Brazil’s Middle Class Dream Became A Debt-Fuelled Nightmare (ZeroHedge, Oct 9, 2013): Quick: which BRIC nation has the highest consumer loan default rate? If you said China, India or Russia, you are wrong. Actually, if you said China you are probably right, but since absolutely all economic “data” in China is worthless, manipulated [...] continue reading world news

Former President Jimmy Carter: Middle Class Today Resembles Past’s Poor (Video)

- Carter: Middle class today resembles past’s poor (USA Today, Oct 7, 2013): OAKLAND, California (AP) — Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House. [...] continue reading world news

Hilarious Charts Of The Day: IMF’s ‘Growth Forecasts’ Over Time

- Hilarious Charts Of The Day: IMF’s “Growth Forecasts” Over Time (ZeroHedge, Oct 8, 2013): The chart below, showing the historical change in the IMF’s periodic revisions of world growth and revised for today’s just released latest World Economic Outlook, shows that much taxpayer money can be saved if the monetary fund’s staff was replaced [...] continue reading world news

Gold: The Real Change To Watch Out For

World’s biggest gold coin - The real change to watch out for (Sovereign Man, Oct 4, 2013): It takes a lot of courage to go against the crowd. Whether in investing, or acknowledging that your country is heading towards an epic fiscal crisis, it isn’t easy to stand alone… especially when everyone else is betting [...] continue reading world news

Jesse Ventura Returns To Presstitute Piers Morgan: Government Shutdown To JFK Conspiracy (Full Interview – Video)

YouTube Added: 01.10.2013 continue reading world news

U.S. Government Lies About Spying Again and Again … Here’s What’s REALLY Going On

- Government Lies About Spying Again and Again … Here’s What’s REALLY Going On (ZeroHedge, Oct 4, 2013): Government Officials Fail Honesty Standards of 12 Year Olds Government leaders have been caught in lie after lie about spying … but keep on spouting new lies: The heads of the intelligence services have repeatedly been caught [...] continue reading world news

Matt Taibbi On JPMorgan And The CNBC ‘Presstitutes’ (Video)

- Video of the Day: Interview with Matt Taibbi About JP Morgan and the CNBC “Presstitutes” (Liberty Blitzkrieg, Oct 2, 2013): The top definition of presstitute according to Urban Dictionary is: 1. presstitute A member of the media who will alter their story and reporting based on financial interests or other ties with usually partisan [...] continue reading world news

World Bank Whistleblower Reveals How The Global Elite Rule The World (Video)

Karen Hudes: We’re Running Out of Time! We’re Dealing with Whether We Can Continue as Humanity YouTube - World Bank Whistleblower Karen Hudes Reveals How The Global Elite Rule The World (Economic Collapse, Sep 30, 2013): Karen Hudes is a graduate of Yale Law School and she worked in the legal department of the World [...] continue reading world news

We Are 90 Days Away From The Total Loss Of US Sovereignty

- We Are 90 Days Away from the Total Loss of US Sovereignty (Activist Post, Oct 1, 2013): As America races toward her date with destiny, there is yet another “fundamentally transforming” event coming her way and that event is known as the Trans-Pacific Partnership (TPP). Many of us in the alternative media believe that [...] continue reading world news

Next ‘Subprime Crisis’ Expands As Student Loan Defaults Hit $146 Billion, Highest Default Rate Level Since 1995

- Next “Subprime Crisis” Expands As Student Loan Defaults Hit $146 Billion, Highest Default Rate Level Since 1995 (ZeroHedge, Oct 1, 2013): Almost exactly one year ago we wrote “The Next Subprime Crisis Is Here: Over $120 Billion In Federal Student Loans In Default” in which we took the latest (2009 three year cohort) loan [...] continue reading world news

Fortune 500 Companies Stealing Billions From Small Businesses (Video)

YouTube Added: 28.09.2013 continue reading world news