Euro Zone Unemployment
Unemployment in the euro zone rose to yet another record high of 12% in the first two months of the year. For the EU it is 10.9%. With Spain at 26.3% and Germany at 5.4%. The scary part is that 58.4% of Greek youth were classified as unemployed. Can you say revolution?
Top 10 Welcoming Nations To Foreigners
Here are the top 3…
2. New Zealand
The top 3 least welcoming are…
Precious Metals, Bitcoins, and Manipulation
Bitcoin, the digital peer-to-peer cryptic currency, may actually be demonstrating what an unmanipulated market looks like. While paper prices of gold and silver have a side-ways, or negative, price change, Bitcoin has more than doubled, in price, since the Cyprus debacle. With that said, ultimately, in the end, since Bitcoin is a currency and physical gold and silver are money, money always retains its worth while all currencies, that are not backed with physical assets, always go to zero.
Western Central Banks Terrified
6 years ago, the Bank for International Settlements reported that the amount of derivatives exceeded one quadrillion dollars. Depositor money has been tangled up in derivatives in an attempt to make huge bonuses for bank executives and to hide the true condition of major banks. Unfortunately for depositors, most have lost and this means that in many cases, depositor money in many of these banks have already been wiped out, or its gone. This is why, despite the manipulated sideways paper price action, more and more informed people are moving into physical gold and silver; therefore, after preparing, keep stacking physical.
3 Reasons Texas Wants Its Gold Back
1. Protect against likely bank runs and legalized bank thefts like in Cyprus.
2. The possibly, if Texas secedes, to issue a currency.
3. Allows Texas to be ready for any possible civil war after a collapse.
Stockton Goes Bankrupt
Stockton, California, one of the most dangerous cities in the U.S., has declared bankruptcy. Now many investors are watching that 900 million dollars that Stockton owes to cover pensions. It is very likely that municipal bond holders should expect a Cyprus like solution and those relying on pensions may soon be screwed.
9 Reasons To Never Eat Processed Foods Again
Here are a few…
1. Processed foods are highly addictive.
2. Fresh foods are actually cheaper than processed foods.
3. Processed foods ruin digestion.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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Whats interesting with Bitcoin is that the cocenpt cannot become a momopoly. You can and will have many hundreds and hundrerds of Bitcoins in different countries. The cocenpt is fantastically subversive because it has the potential to break the backs of central banksters completely and the status of the US dollar as a currency reserve ! Now imagine cash strapped Iran Egypt and Syria or Argentinca to short circuit the economic war against them.