The Armageddon Index: betting on the collapse of the US dollar was never so popular

5yr CDS on the debt of the United States of America closed at 42bps yesterday – widening further on yet more bailout news: more rumours surrounding the planned “historic” Obama stimulus package. Bloomberg, by-the-by have estimated the total – potential – US government support to the markets to be somewhere around $7.7 trillion. Thus the […]

Security Blanket: Western Democracy and the Strategy of Tension

The idea that a democratic government would deliberately create fake “extremist groups” then send them out to foment violence and terrorism — in order to discredit legitimate opposition to elite rule and to “justify” authoritarian powers — has long been derided in “serious” circles as that worst of modern heresies: “conspiracy theory.” Anyone advancing such […]

911, Anthrax and a US laboratory

Remember the anthrax attacks days after the events of 911? Those envelopes with Anthrax spores so conveniently addressed to the democratic senators opposing attacks on Afghanistan and Iraq? Well it turned out that the anthrax spores could only have come from one US laboratory. Huh? Yep, from one the most secured save guarded military research […]

Financial Meltdown: You Ain’t Seen Nothing Yet

“The problems we face today cannot be solved by the minds that created them” Albert Einstein Obama hasn’t even been sworn in yet, and already the Wall Street cheerleaders are celebrating his first great triumph. According the pundits, the stock market staged a surprise 494 point rally on Friday because–get this–it was announced that Timothy […]

Russian analyst predicts decline and breakup of U.S.

MOSCOW, November 24 (RIA Novosti) – A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts. Professor Igor Panarin said in an interview with the respected daily Izvestia published on Monday: “The dollar […]

Zimbabwe on brink of collapse as outbreak of cholera spreads

A vision of things to come for the world as our financial system collapses? A man infected by cholera, which has killed around 300 people in Zimbabwe, is transported to a Harare clinic. Photograph: AP The situation in Zimbabwe may soon “implode” as a cholera outbreak spreads and basic services collapse, South African leaders and […]

Colossal Financial Collapse: The Truth behind the Citigroup Bank “Nationalization”

Securum= A temporary nationalisation of a “bad” bank in order to keep good banks lending and the economy going. A Securum or similar temporary nationalization would have allowed the healthy banks to continue lending to the real economy so the economy could continue operating, while the State merely sat on the undervalued real estate assets […]

Bloodbath on the high street

Business Woolworths Bloodbath on the high street • M&S slashes prices to shift stock • Dixons worth just 10 days’ sales • Retailers fear worst Christmas in years Julia Finch, City editor guardian.co.uk, Thursday November 20 2008 00.01 GMT The Guardian, Thursday November 20 2008 Article history Woolworths in Salford city centre. The retailer revealed […]