Is The NZ Reserve Bank Raising Rates To Bankrupt New Zealand?

All we’re waiting for is interest rates to go across the magic threshold of 3% and the entire budget of the country explodes.  There are also all types of other tendencies that point in the direction of collapse and systemic failure at all levels.” Dimitri Orlov. I couldn’t put my finger on it. Why would […]

Is Japan Bankrupt?

Here is Ellen Brown, writer of Web of Debt, on the financial situation of Japan. Japan’s massive government debt conceals massive benefits for the Japanese people, with lessons for the U.S. debt “crisis.” In an April 2012 article in Forbes titled “If Japan Is Broke, How Is It Bailing Out Europe?”, Eamonn Fingleton pointed out […]

MF Global – A Fractal In A Frying Pan

Gerald Celente, in an interview with Russia Today, claims he cannot access his PM trading account or get answers to his inquiries. It turns out Lind-Waldock, who he originally had the account with, was subsequently bought out by the now bankrupting MF Global. Understandably distraught, Celente asserts, “They took my money out of my account, […]