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