‘The collapse of America is unavoidable’
America must work on starting a new economy and not restarting the old one or it will resemble the former Soviet Union, says author and blogger Dmitry Orlov.
Oil at $50 Looms as OPEC Plans Cut, Keeps to Quota
OPEC’s record production cuts are draining the glut in world oil markets, leading traders to bet that $50 crude is two months away.
Your Hard-Earned Money is Being Shipped to France, Germany and China
In addition, your money is probably being given directly to sovereign wealth funds (that is, the investment arms of foreign monarchies and tyrannical governments such as Saudi Arabia), since they were some of the biggest counterparties who bought credit default swaps from AIG.
• World Bank offers dire forecast for world economy
• Cash In A Mattress? No, Gold In The Closet
• Warren Buffett to CNBC: Economy Has “Fallen Off a Cliff”
In addition, your money is probably being given directly to sovereign wealth funds (that is, the investment arms of foreign monarchies and tyrannical governments such as Saudi Arabia), since they were some of the biggest counterparties who bought credit default swaps from AIG.
• World Bank offers dire forecast for world economy
• Cash In A Mattress? No, Gold In The Closet
• Warren Buffett to CNBC: Economy Has “Fallen Off a Cliff”
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