Spain: 24.6 % Unemployment With 52% Youth Unemployment or Expect Blood In The Streets

Spain like Greece is bankrupt. Not because it spend to much but because it thought it would earn enough on its investments to pay for the normal necessities of life but with the LIBOR rate down (as it now shows artificially) Spain like Greece, Italy and many US cities are going bankrupt and there is […]

And There She Blows! The Next Phase of the European Collapse.

While Italy (here is the blacklist of the 10 Italian cities most likely to collase) and Spain (which has only 40 days worth of funds left) are clamping down on Short selling (Betting that the value of their currencies will go down) in order to protect what’s left of their economies, Moody’s is downgrading Germany, […]

Spain, Ireland and… the Vatican? A progress report on the Financial collapse.

As I usually do in the morning one of my first cyber visits is to the Zero hedge blog because I know I will find the  best news with regards to the Financial collapse we are finding ourselves in. So here are some of the titbits I found there. Spain which I reported would need […]

On John Key’s family down time, Spain and record mortgagee sales in New Zealand

While New Zealanders are once again being feted with the drivel Tracy Watkins writes about our first family this time with a photo which what appears to be a family photo taken with a phone camera  of Bronan and their seriously style impaired daughter instead of a some analysis of what John Key has been […]

25 Signs That The Smart Money Has Completely Written Off Southern Europe

In Spain the bankers responsible for the Spanish mayhem are jumping ship with huge bonuses leaving the Spanish with the mess as the big buyers of bonds desert Southern Europe. But that is only a fraction of the signs that the Smart money guys are leaving Southern Europe to collapse as the money Ponzi scheme […]

Kim Kardashians braless tits, Zombie attacks and Shutters in Greece or why you should dump the Main stream media

So what is important in mainstream media today?  Greece, Spain, Financial meltdowns debilitating entire nations? No, Kim Kardashians hanging braless tits, Zombies on LSD eating other peoples faces and other assorted rubbish are what you are supposed to digest.  If like me you have absolutely no truck with Narcissists and Mad men on drugs here […]

Spain “discovers” 28 billion debt, Greece is becoming Schizoid and JP Morgan Chase is addicted to gambling

And while New Zealand wakes up to arguably one of the worst budgets in the last twenty years (Ruthanasia anyone) and even kids with a holiday job have to pay tax so the rich can continue getting richer while everybody gets poorer here is what is happening in the rest of the world. In a […]

Greece, Spanish banks downgraded and Jamie Dimond invited to testify before the Senate!

Update on the developing European banking crisis! Fitch has downgraded Greece again and Moody only downgraded 16 Spanish banks after it had announced it would downgrade 21 banks. And Jamie Dimon the CEO of JP Morgan has been invited (What is wrong with old fashioned arrests and police investigations I wonder) to testify before the […]

A Greek bank run for a second day and now Spain is following, watch this space….

Today it emerged that  the Greek drew another billion Euro’s out of their banks and yesterday the Spanish took a billion out of the partly Nationalised Bank. This is the scariest development yet but it will only spiral out of control from here on. Look for bank runs in Ireland and Italy and possibly in […]

Spain is collapsing and Egypt is shutting the gas to Israel down which one will collapse the global economy first

Update 11:54 am. Well, that didn’t take long: Racist, Arab hater, minister of foreign affairs and all round scumbag Lieberman says Egypt is more dangerous than Iran. In what of course is largely evading the NZ MSM here are some news items which should worry you greatly. First of all Egypt Israel’s key energy provider […]

Enter the next phase of the collapse!

As was inevitable the financial collapse is entering a new and dangerous new phase. A month ago it was announced that with the bail out of the big European banks over the backs of the Greeks Greece had solved Europe’s financial woes but now the next and inevitable phase  will slowly develop as Ponzi schemes […]

Greek PM Demands Report On Default, Eurozone Exit Consequences

The title above is diplomatic speak for, “fuck this we’re out”. Fasten your seatbelts ladies and gentleman it’s going to get bumpy for a while. Why? because if Greece defaults so will Italy, Spain and Portugal. And while it’s the best thing that could happen as it collapses the hold that the financial elite has […]

First Egypt and now Spain. Social unrest as economies collapse is going to spread everywhere.

As predicted by Gerald Celente in the beginning of this year Social unrest is spreading to Spain and other countries in Europe. This is only just the beginning of the disasters awaiting Europe in the next two years. As the money supply dries up and the inflation of food and fuel prices continues and poverty […]