To give you an idea of how many people that would be in New Zealand, the Greek population is about 11 million so to extrapolate that to New Zealand’s 4 million population you would end up with about 5455 newly unemployed! If the newly unemployed is the sole bread winner you end up with about […]
Tag Archives: Financial collapse
In order not to have to start just yet on what can only be called the mother of all dishes after feeding about 25-30 people throughout the Sunday on what was a beautiful day with beautiful people celebrating our good fortune in life, I thought I’d put down a couple of thoughts about why we […]
John Key is happy that the IMF gives New Zealand Compliments. He should be because he is a banker and wants his ilk to thrive. But why should we be happy with the compliments of its CEO Christine Lagarde who in her homeland France recently had her apartment raided as part of an ongoing investigation […]
I have added Ellen Brown’s excellent blog on her Web of Debt site to my blog for those of you interested in her equally excellent analysis of financial events around the globe. Ellen Brown developed her research skills as an attorney practicing civil litigation in Los Angeles. In Web of Debt, her latest book, she […]
As we are on the whole nothing more than grains of sand in the grander scheme of things we might as well do what grains of sand are good at and become the friction needed to stop the machine!
You can not see the Creature of Jekyll Island separate from the entire history of the privately owned Fiat debt base currency we are currently watching collapse in a pile of wars, destruction and global looting. So without further ado I give you the excellent extra long documentary detailing the ugly history of the privatley […]
When I lived oversees and our little company was destroyed by a criminal who worked for a Russian who needed to launder about $ 100 Million the lawyer letters, the court dates for yet another court case against us and the threats and bully measures would always come late in the afternoon on a Friday. […]
(Update: as is common when you link to “copyrighted” content it is impossible to embed it in your blog. If you want to see the 60 minute segment scroll down to the bottom and click on the word segment) Update II: It seems that the globe is catching on to the idiocy of building 12-24 […]
You know the shit is about to hit the fan when Wall-mart complains about sales! Two weeks ago, Wal-Mart stunned the world when a leaked memo discloses that February sales had been a “total disaster” and the company was facing the worst February start since 2006. Today, Bloomberg’s deep throat in Bentonville strikes again, as […]
Here is are Max and Stacey on how the banks are preparing for the total collapse of the bond market and why you might ask are Wall street insiders selling 9 times more shares then they are buying and betting mind bogling sums against the a financial collapse in the next 60 days? Could it […]
This is worth breaking my blog silence for (Sometimes the real world is just so glorious I can’t get my act together online). Venezuela just nuked the global finance world with a devaluation of it’s currency with46% . Even with Hugo Chavez in cancerous limbo it seems Venezuela can’t stop being naughty. The bad news […]
With last week’s announcement by the Bundesbank of the repatriation of 674 tons of German gold from Paris and NY over the next 7 years, we predicted that an avalanche of gold repatriation requests would soon be made to the BOE and the NYFed. It appears that Switzerland may be next to the game, much […]
Britain’s recent economic performance is the worst since records began in the pre-Victorian era, experts said today, apart from the two immediate post-war slumps. Ministers today admitted Britain is facing “very, very grave difficulties” after figures showed the economy did not grow at all in 2012. Both George Osborne, the Chancellor, and Danny Alexander, the […]
Here we are bailing out the big banks and yes, John Key gave billions to the IMF to do just that and Jami Dimon whose bank JPP Morgan has been a recipient of bailout money while they were scamming the system with Derivatives and he has the gall to tell us that we don’t know […]
And if you think that is bad wait until they start “financializing” water. Why does it seem like wherever there is human suffering, some giant bank is making money off of it? According to a new report from the World Development Movement, Goldman Sachs made about 400 million dollars betting on food prices last year. […]
Why am I not surprised? Last week we reported that in the aftermath of the so far disastrous French campaign to eradicate “rebels” in the north of Mali, because of their implied threat fo Europe, that “US Drones, Boots Arrive In Mali.” Turns out we were wrong, and as the case virtually always is, for […]
Just in case anybody can tell me; does New Zealand have it’s own gold in some vault somewhere and if so where? Yesterday the Bundesbank announced it would repatriate all of it’s considerable gold stock back from France and some of it’s gold from New York. As far as I am concerned this is huge […]
Here is a link to a not for profit documentary you might want to watch with your family and friends and if you feel really courageous with colleagues at work. Maybe after unpacking all those presents you didn’t really need and the food you stuffed yourself with knowing it would cost you another couple of […]
Europe is not just heading into another recession. The truth is that Europe is heading into a full-blown depression. The economy of the EU is actually larger than the U.S. economy, and we are watching it melt down right in front of our eyes. Things just continue to get worse in Europe, and yet somehow […]
But… but… a central bank can never lose money. Bzzzz, wrong. As it just so happens, the world’s most tragicomic farce of a central bank, and one which is about to officially lost its (faux) “independence” and become a branch of the Japanese government if the up and coming PM Abe has his way, the […]
One of the first banks to collapse as the result of “irresponsible” banking practices was Northern Rock. The bank collapsed after it became known that the bank needed emergency funding from the bank of England in 2007. The treasurer at the time was a gentleman by the name of Keith Currie. According to the Daily […]
Obama promises us that the best is yet to come. I find these word rather ominous. What have we had so far? Surges in Afghanistan, More Bombs on Libya than in the Germans dumped on England and thousands of dead Syrians merely because they either supported the regime of where part of a minority religion. […]
From the Economic Collapse blog: #1 Bank of Israel Governor Stanley Fischer says that the global economy is “awfully close” to recession. #2 It was announced last week that the unemployment rate in Greece has reached an all-time high of 25.1 percent. Unemployment among those 24 years old or younger is now more than 54 […]
In the coming days I will pay extensive attention to Clearing houses, their role in the Financial world and the fact that since September New Zealand has its own Clearing house and what that might mean for us private citizens.
In light of these international crimes and the total lack of justice and accountability it should come as no surprise we can’t hold our elected officials accountable either. John is doing after all what he has always done. Do what you want as long as you can get away with it. No ethic or integrity required and with the support of the 1% he can not go wrong. Period!
I read a lot of publications on line and one of them is MSM giant the Daily Mail. Over the last three days the Daily Mail published on its online Home page in prominent position three rather ugly articles. All of them about WWII Germany, its soldiers and its leaders. Over the last year financial […]
When Draghi (Ex Goldman Sachs and CEO of the European Central Bank) and Bernanke decided that printing infinite billions of worthless digital numbers was the way to go they started the final countdown to the end of our current fiat financial system. Here is what their nightmare is. Mine is the billions of us who […]
Once upon a time John Key was invited to sit on an upon invitation only “advisory” committee of the New York Federal Reserve. The Federal Reserve had just announced they will buy up all teh fraudulent mortgage derivatives at a rate of $ 40 billion a month. That equates to $ 40 Billion of free […]
4000 soldiers to be used as storm troops in what might be a Normandy beach invasion if Iran are send there as I write this while more sane people report that the rebels in Syria are nothing more than foreign mercenaries destroying scientific research centres, hospitals and killing droves of innocent people. As I disappear […]
This was an accident waiting to happen and trust me when I tell you that if being German could get you killed in Greece since WWII, now is definitely not the time to go to Greece for a holiday if you are German! Greece has threatened to hit Germany with a bill for tens of […]
