Pulling the wool over the sheeples eyes. Nothing to see here, move along now. IMHO, "Fiscal Cliff" has always been a media meme used by the government to score political points with the public, depending on whoever (as in which party) gets to take the most credit for averting it. "Oh ... Read More

The 'D' word is being uttered in the mainstream now. Despite whatever the media says concerning the 'jobless recovery' we're in (which is a complete oxymoron) or the 'summer recovery' we've begun that Obama touted as truth last month, all indicators are pointing to the fact that the US is ... Read More

"Europe's fiscal Fascism brings British withdrawal ever closer" - Ambrose Evans-Pritchard - Telegraph "Just when you thought the EU could not go any further down the road towards authoritarian excess, it gets worse." - Ambrose Evans-Pritchard Things are spinning out of control in Europe, economically, fiscally and socially. German Chancellor Angela Merkel ... Read More

And so the contagion spreads ... first, Latvia's economy (and government) collapses not that long ago, then Greece and Portugal's ratings were cut by S&P yesterday, and now today, Spain was cut. And the question is, how much longer before we realize we're a lot closer than ... Read More

There'll be nowhere to run from the new world government - Telegraph Now that's a newspaper headline you don't see every day. I'm not one to jump on the 'conspiracy' band-wagon, but this isn't even conspiratorial: what we are entering into, and what just happened in Copenhagen, is just out in ... Read More

China has now become the biggest risk to the world economy - Ambrose Evans-Pritchard, (bracketed insertions and emphasis mine) These are headlines you won't ever read, that to me are worthy of true news alerts. "By holding the yuan to 6.83 to the dollar to boost exports, Beijing is dumping ... Read More

From the Independent: The demise of the dollar: "In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese ... Read More

Germany declares economic war "... Banks did not cause this global crisis. Governments around the world caused the crisis by forcing down the price of credit (Greenspan, Bank of Japan, and ECB on short rates: China et al on long rates, by flooding the global bond market) far too low for ... Read More

I'm just not sure why the FOMC (Federal Open Market Committee), after having been wrong on multiple assessments of the economy in the not so distant past, would be so quick to say we're now on the fast -track to recovery when the stats and the history of past crises ... Read More