Egon von Greyerz, and others, believe that the world is already in the midst of a financial collapse. For example, France may be in a lot worse situation than Greece. In the UK, banks need 25 to 50 billions pounds of capital. With Moody’s cut of the ESM from Aaa to Aa1, things are more bleak in Europe. Over in Asia… Japan is one of the biggest risks in the world because of their economic position. In the US, people, who buy fuel and food, know that inflation is higher than the bogus 1.7%. In short, things continue to get worse for the world-wide fiat ponzi scheme.
Japan Manufacturing Contracts
Operating conditions in the Japanese manufacturing sector continued to worsen as output and new orders both continue to decline. In fact, this is the sharpest rate for 19 months. Reduced sales and a subdued economic outlook were reported to have led to the reduction in employment levels. Japan, at this point, will unlikely be able to finance its national debt, now at 235% of GDP. Talk about a fiscal cliff.
Shorts May Need To Deliver
James Turk believes, based on the LBMA no longer reporting on silver release rates, that there is frustration and that the gold and silver prices may soon no longer be able to be manipulated. In fact, bullion banks may be 40 million ounces of silver short, and the day is coming when commercial sellers of paper are going to be called to task to deliver the non-existent physical. In short, paper is going to go to zero when it is discovered there is very little physical backing it up.
Millions of Chinese consumers are opting for local Chinese brands of smartphones; thus robbing Samsung, Apple, and other global names of their dominance in the Chinese market. This simple act, spells trouble for those who believe Apple stock is a safe investment.
Reasons Why The TSA Needs To Be Abolished Immediately
1. Virtually no one is at risk of becoming a victim of terrorism.
2. Islamic extremism is responsible for fewer than 0.003 percent of all U.S. murders.
3. Nearly $90 billion has already been wasted funding the TSA since 9/11.
4. More people have died from driving to avoid the TSA than died in the 9/11 attacks.
5. The TSA’s belief that it does not answer to Congressional oversight.
BP Deepwater Horizon Cleanup Made Toxicity Worse
According to a report, from the EPA, the actions taken to clean up the oil spill made the spill more than 50 times more toxic. The Corexit compound, used to break up the large masses of oil into droplets spread the damage over a wider area; however, the oil is more easily absorbed easier into cells when in droplet form. BP was the one that used Corexit to ‘clean up’ the spill and its use was questioned from the beginning. In short, there is no problem, made by arrogance, so great that cannot be made worse.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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