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The 4 Scariest Economic Graphs I’ve Seen This Year
Pakalert August 5, 2011 1This is a remarkable sequence of pictures from Calculated Risk showing that no major economic indicator has returned to its pre-crisis level. In other words, after two years of recovery, not a single key
Read More »Systemic Global Financial Instability Is Spreading Rapidly
Pakalert August 2, 2011 2The root causes of global financial instability cannot be wished away or “solved” with modest policy tweaks: they are systemic. Systemic financial instability is spreading rapidly around the globe. Nobody knows the precise timing, of
Read More »Wall Street Preparing For A “Doomsday Scenario”
Pakalert July 23, 2011 0It Has Started: Wall Street Is Preparing For A Doomsday Scenario. If you're simply looking at their public statements, Wall Streeters seem to be alarmed about the debt crisis, but don't appear to be
Read More »Will Your Dollars Become Worthless?
Pakalert July 22, 2011 2Yesterday Ron Paul spoke before the House floor preaching words rarely heard between politicians, truth. What did he say you ask? Congressman Paul said default is inevitable because debt is unsustainable.
Read More »Video: Britain on the verge of Bankruptcy!!!
Pakalert July 21, 2011 3UK gov is focused on 'fiscal stimulation' bailing out the banks who are doing little to help their clients, yet received help from tax payers. Ordinary British are just rotting in debt , it
Read More »Madness: 39 Things That Are Driving Ordinary Americans Absolutely Crazy
Pakalert July 21, 2011 3Have you noticed that almost everyone seems really angry these days? Frustration with the government and with most of the other major institutions in our society seems to grow by the day.
Read More »IMF Warns Eurozone of £400b Global ‘Earthquake’
Pakalert July 21, 2011 0The debt crisis crippling the Eurozone could trigger an ‘earthquake’ that slashes hundreds of billions of pounds off the global economy, the world’s financial watchdog warned last night. The International Monetary Fund urged European leaders
Read More »California Told To Prepare for Biblical ‘ARkStorm’
Pakalert July 20, 2011 2Scientists are now warning Californians that the long-awaited 'big one' earthquake could be the least of their environmental concerns. Another more deadly threat awaits the West coast of America - in the form of a
Read More »7 Survival Tools For American Economic Armageddon
Pakalert July 20, 2011 0You survived the Great Recession almost intact and now Washington is playing chicken with the economy…what’s a good, hardworking American to do? Panic? Well, yes, but if losing your cool simply isn’t in the
Read More »Six Steps by the IMF for a One-World Currency
Pakalert July 19, 2011 3In mainstream financial circles, the concept of a global currency is often spoken of only with an atmosphere of caution. It is approached always in hypothetical terms. It is whispered of as some far
Read More »18 Signs That Global Financial Markets Smell Blood In The Water
Pakalert July 19, 2011 1Can you smell it? There is blood in the water. Global financial markets are in turmoil. Banking stocks are getting slaughtered right now. European bond yields are absolutely soaring.
Read More »We Must Risk Everything
Pakalert July 16, 2011 0In the article and the video I just footnoted, the core of our problems comes from the fact of the deliberate destruction of the roots of all societies. That destruction that has been going
Read More »The Greater Depression Is Upon Us
Pakalert July 16, 2011 4The bottom line is that while the scale of the crisis is beginning to become more widely apparent, and reading and thinking about it can become fatiguing for those of us who have been
Read More »If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Pakalert July 15, 2011 2For decades, the U.S. government has had a AAA rating. On the scales used by the big three credit rating agencies, that is the highest credit rating that a government can get.
Read More »15 Examples That Show Many Americans Have Become So Desperate That They Will Do Just About Anything For Money
Pakalert July 15, 2011 1More Americans than ever are desperate for money and many of them will do just about anything to get it. The crumbling U.S. economy has pushed millions of ordinary Americans to the brink
Read More »Russian Leader Slams US As Western Civilization Nears Collapse
Pakalert July 13, 2011 5In a withering speech before members of the Russian Academy of Science in Moscow, Prime Minister Putin branded the United States current monetary policy as “hooliganism” and stated, “We, thankfully or not, cannot print
Read More »The Beginning of the End of Europe
Pakalert July 13, 2011 5Yesterday, the European contagion spread to Italy and Spain. The sovereign debt of those two countries swooned—for no discernible reason. No discernible reason whatsoever: The Italian and Spanish bond markets just sort of .
Read More »Video: Big Banks Waging Warfare Against the People of the World
Pakalert July 12, 2011 0Indeed, this isn't the "Great Recession", it's the Great Bank Robbery. The big banks have pillaged and looted the rest of the world. And it is not only Greece which is losing its sovereignty ...
Read More »Video: DECLINE AND FALL OF THE AMERICAN EMPIRE
Pakalert July 11, 2011 1Military overspending and overreach, an untenable economic system, and currency debasement all played a role. As has been well documented, the Roman emperors attempted to distract the populace from the increasingly dire reality of
Read More »Italy Is Coming Apart Like A 20 Dollar Suit
Pakalert July 11, 2011 2Did anyone really think that Italy would be able to get through this thing without needing a bailout? Just when you thought that things in Europe could get back to normal for a
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