We’ve written on the hyperdeflation problem before. Basically, with Bitcoin prices surging, nobody wants to buy anything, you just want to hold onto your Bitcoins. Conversely, when they collapse, nobody wants to sell. So volatility means nobody wants to transact in Bitcoins, because there’s a good chance that the next day someone will feel like a fool.Read more »
In "Why America Failed", left-wing historian and cultural critic Morris Berman’s postmortem of America, the author concludes that our inevitable end was literally woven into the American DNA, dooming the country from the start. It isn't just the American Dream that has failed claims Berman, but America itself, because the dream -- the individual accumulation of wealth -- was a mistake in the first place.Read more »
The 5 largest banks in the US are conspiring to not have to pay on the Credit Default Swaps they wrote, by using a shadowy organization called the "International Derivatives and Swaps Association". The problem for these bankers is that if they do, they will be insolvent and will make the 2008 economic crisis look like a warmup. They know that they will be blamed for the collapse and are desperate in their attempts to keep it from happening.
This article explores how the bankers will call on their hired politicians, police enforcers, and militaries to distract the public from their crimes.Read more »
With the rise of e-mail and the decline of letters, mail volume is falling at a staggering rate, and the postal service's survival plan isn't reassuring. Elsewhere in the world, postal services are grappling with the same dilemma — only most of them, in humbling contrast, are thriving.Read more »
The demise of the United States as the global superpower could come far more quickly than anyone imagines. Perhaps even decades before this article predicts...Read more »
Sitting in a room that looks like a bunker, Ruppert recounts his career as a radical thinker and spells out the crises he sees ahead. He draws upon the same news reports and data available to any Internet user, but he applies a unique interpretation. He is especially passionate about the issue of peak oil, the concern raised by scientists since the seventies that the world will eventually run out of fossil fuel. While other experts debate this issue in measured tones, Ruppert doesn't hold back at sounding an alarm, portraying an apocalyptic future.Read more »
California town disbanding. Gone. Sign of things to come.Read more »
Countries in debt may fall to dictators, EC chief warns -- 'Apocalyptic' vision as some states run out of money --- Democracy could ‘collapse’ in Greece, Spain and Portugal unless urgent action is taken to tackle the debt crisis, the head of the European Commission has warned.Read more »
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