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The year of the Snake has every ability to be a real doozy. Time will tell if any of that comes to fruition. For my money, I'm still firmly in the camp that says gold and silver is the single best long term wealth protection you can own.
North Korean nutjob to test another nuke, a cult of personality taken to a whole new level, Japan pushes to remilitarize, nuclear company ABB supplied North Korea with the reactors, Pakistan was in the mix, and nuclear weapons have always been a pawn in geopolitics, and a vast gulf between material and ethical bankruptcy remains.
Davos is upon us, a chance to look at the superclass, Will the eurozone continue after the Greek disaster, the worlds oldest bank in a fresh scandal, battles in Syria, North Korea isnt done yet, French farther into Mali,
ILO warns on job losses, UN also warns, people giving up looking for work, How to cut megabanks down to size, big bailouts arent over just yet, even FED says so.
To say the French intervention in Mali is hypocritical is the second biggest understatement of the 21st century. The official line is that France is raining holy terror down on Mali now to smoke out the Islamic extremists who are threatening (according to the French) to overrun Africa...and perhaps Europe as well...African leaders increasingly face a stark choice: open the doors for Western business or face the gun barrel diplomacy that has wreaked such havoc in uncooperative nations like Libya and Mali.
Only a fraction of gold in Fort Knox was ever allowed to be seen, No audit of Fort Knox in over 60 years, If you believe government routinely lies, why would you believe government's claim to have retained 8,200 tons of gold for the past 30 years—especially when government refuses to provide or even allow any independent verification of its claim? The only reason to currently believe that government has retained 8,200 tons of gold is that a contrary belief is too fantastic to accept.
James Corbett reports on our upcoming year in the global economy for 2013, he says strap in, its going to be one hell of a ride, markets that arent in step with reality will rally this year, taxes up, Eurozone in a basket, R2P FTW, war in Syria, and much more.
Did you know the economy has been saved by a Hobbit? The dumbing down of economic literacy has lead to this; Perhaps the saddest part of all of this is that even this utterly inconsequential number is itself based on basic three-card monte level sleights of hand and statistical fraud that even a grade schooler should be able to see through.
Some pretty ugly markets for 2013, our debts are too large to ever be paid, Europe economy is terminal, Spain and Greece are basically in default, the complete breakdown of moral justice flys into high gear in the US, outright looting of the US Treasury going on, the new year will only bring us closer to the fiscal cliff and closer to going over it.
Being no expert in disaster survival, Bob Rinear had to prepare for hurricane Sandy in his house by the Jersey Shore. Alternatives for heat, electricity, food and water should be on your list of things to survive such bad storms.
Accusations against republican big wigs for war crimes go unnoticed, what Mahatir Mohamad has been up to, Warrantless wiretapping, BOA amnesiacs, Black Friday not so bright, GOP ready to make trouble with a filibuster.
No nation can prosper for long that’s predisposed to treat lies as if they were virtues. Alfred Adask explains why, contrary to belief, China will not be the great superpower of the 21st century as so many believe. Plutocrats rule, wherever they are, and in time they will all be thrown out in the same way. Where there is great inequality, there will eventually be revolution.
Well what if I were to tell you that those dollars or pesos or Euros or yen that you carry around in your wallet have all the reality of a matrix steak? That you have slaved away your entire adult life in a store or an office or a factory day in, day out, year after year after year for something that isn’t even real?
Bernanke's second term at the head of the US Federal Reserve will come to an end in early 2014, Expect sweeping changes under 4 more years of Obama, but the real challenges have nothing to do with whether its a Republicrat or Democan in the White House, Congress will go back to shuffling the chairs on the Titanic, Matt Gilotti feels that America's true disastrous economic situation is yet to be revealed.
Terms like Enemy combatant, Extraordinary rendition, Weapons of mass destruction, double meanings, propaganda, outrageous euphemisms, self-contradictions and plain old lies. More than that, they have become part of our everyday lives to the point where we often use them ourselves without even thinking through their meaning.