Today’s Items:
First…
Russian Economic Power
http://www.zerohedge.com
Ukraine desperately needs some 20 billion dollars to avoid financial collapse. With Western nations heavily indebted including the hugely indebted U.S., Russia looks like the only realistic source of such funds. Geopolitical risk remains much underestimated and there remains the risk of financial, economic, and currency wars where the Russians use gold as a geopolitical weapon to undermine the dollar.
Next…
De-Dollarization
http://theeconomiccollapseblog.com
A “de-dollarization meeting” was chaired by First Deputy Prime Minister of the Russian Federation, proving that Moscow is serious in its intention to stop using the dollar. If Russia starts asking for payment in currencies other than the U.S. dollar, that will essentially end the monopoly of the petrodollar.
Next…
ObamaNation
http://www.storyleak.com
When the executive branch of the U.S. Federal Government colludes with the Mainstream Media and Corporate Sector, there’s simply no stopping it. In spite of so much political, economic and social destruction, this ‘president’ continues to receive blind support from his Obamabots.
Next…
London Silver Fix
http://www.zerohedge.com
The London Silver Fix announced that after August 14, 2014 it will no longer exist following a crackdown on precious metal manipulation by various European regulators. So, without a central place to manipulate silver with paper, where will the manipulators go? There is always gold, copper, and perhaps oil.
Next…
Bankrupt
http://www.zerohedge.com
The only reason the U.S. government is still able to service its debts is because they’re borrowing money just to pay the interest. If those who spend 90% plus of their income on living expenses see the cost of living increase by 10% because of Fed printing, suddenly living expenses goes up to 99%.
Next…
Hide NSA Snooping
http://rt.com
Both the New York Slimes and the Department of Injustice are under fire for bowing to the National Security Agency by either hiding or misinforming the public about crucial pieces, and the extent, of the NSA’s secret spying programs. Apparently, if it is bad and detrimental to America, one can pretty much count on the mainstream media and the current U.S. government support it.
Next…
Growing Organic Market
http://www.naturalnews.com
Supermarkets all across the country are jumping on the organic bandwagon. Many organic companies are depending on factory farms and imports to enhance their bottom line. Discounting inflation, organic food prices may continue to drop as their popularity grows.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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