Infinite Unknown

YouTube Added: 24.04.2013

Tags: Banking, Bonds, Central Bank, Collapse, Crime, Cyprus, Debt, ECB, Economy, EU, Euro, Europe, Financial Crisis, Global News, Gold, Government, IMF, Nigel Farage, Politics, Society, Spain

Added: 27.03.2013

Tags: Banking, Bonds, Collapse, Dollar, Economy, EU, Euro, Europe, Fed, Federal Reserve, Financial Crisis, Global News, Gold, Government, Politics, U.S., Wall Street

Google translation:

- Financial Crisis: Now burns Slovenia (Ria Novosti, April 2, 2013):

Slovenia wants to get its financial crisis without external aids under control, writes the newspaper “Novye Izvestia” on Tuesday.

According to the Slovenian Uros Cufer finance minister wants his country is not the example of Cyprus follow and do not ask the EU and the IMF for help.

Continue reading »

Tags: Banking, Collapse, Economy, EU, Europe, Financial Crisis, Global News, Government, Politics, Slovenia

- Will The Banking Meltdown In Cyprus Be A “Lehman Brothers Moment” For All Of Europe? (Economic Collapsde, March 19, 2013):

Cyprus lawmakers may have rejected the bank account tax, but the truth is that the financial crisis in Cyprus is just getting started.  Right now, the two largest banks in Cyprus are dangerously close to a meltdown.  If they fail, depositors could end up losing virtually all of their money.  You see, the banking system of Cyprus absolutely dwarfs the GDP of that small island nation.  Cyprus is known all over the world as a major offshore tax haven, and wealthy Russians and wealthy Europeans have been pouring massive amounts of money into the banking system over the last several decades.  Yes, those bank deposits are supposed to be insured, but the truth is that there is no way that the government of Cyprus could ever come up with enough money to cover the massive losses that we are potentially looking at.  This is a case where the banking system of a nation has gotten so large that the national government is absolutely powerless to stop a collapse from happening.  If those banks fail, depositors may end up getting 50 percent of their money or they may end up getting nothing.  We just don’t know how bad the damage is yet.  And considering the fact that many of the largest corporations and many of the wealthiest individuals in Europe have huge mountains of cash stashed in Cyprus, the fallout from a banking collapse could potentially be absolutely catastrophic.

So Cyprus needs to come up with some money from somewhere in order to keep that from happening.

Basically, there are three options at this point… Continue reading »

Tags: Banking, Collapse, Cyprus, Economy, EU, Europe, Financial Crisis, Global News, Government, IMF, Politics, Russia, Society

- Secrets and Lies of the Bailout (Rolling Stone, Jan 4, 2013):

It has been four long winters since the federal government, in the hulking, shaven-skulled, Alien Nation-esque form of then-Treasury Secretary Hank Paulson, committed $700 billion in taxpayer money to rescue Wall Street from its own chicanery and greed. To listen to the bankers and their allies in Washington tell it, you’d think the bailout was the best thing to hit the American economy since the invention of the assembly line. Not only did it prevent another Great Depression, we’ve been told, but the money has all been paid back, and the government even made a profit. No harm, no foul – right?

Wrong.

It was all a lie – one of the biggest and most elaborate falsehoods ever sold to the American people. We were told that the taxpayer was stepping in – only temporarily, mind you – to prop up the economy and save the world from financial catastrophe. What we actually ended up doing was the exact opposite: committing American taxpayers to permanent, blind support of an ungovernable, unregulatable, hyperconcentrated new financial system that exacerbates the greed and inequality that caused the crash, and forces Wall Street banks like Goldman Sachs and Citigroup to increase risk rather than reduce it. The result is one of those deals where one wrong decision early on blossoms into a lush nightmare of unintended consequences. We thought we were just letting a friend crash at the house for a few days; we ended up with a family of hillbillies who moved in forever, sleeping nine to a bed and building a meth lab on the front lawn.

Continue reading »

Tags: AIG, Bailout, Bank of America, Banking, Barack Obama, Ben Bernanke, Bush administration, Citigroup, Economy, FDIC, Fed, Federal Reserve, Financial Crisis, General Motors, George Bush, Global News, GM, Goldman Sachs, Government, Great Depression, Henry Paulson, Jamie Dimon, Larry Summers, Lehman Brothers, Merrill Lynch, Neil Barofsky, Nomi Prins, Obama administration, Politics, Ponzi schemes, Sheila Bair, Society, TARP, Taxpayers, Timothy Geithner, U.S., Wachovia, Wall Street, Wells Fargo

- An Hour In The Company Of Kyle Bass (ZeroHedge, Dec 19, 2012):

Last year’s AmeriCatalyst interview with Kyle Bass provided much more color than the normal 30-second soundbites that we are subjected to when serious hedge fund managers are exposed to mainstream media. This year, Bass was the keynote speaker and in the following speech (followed by Q&A), the fund manager provides 60 minutes of eloquence on the end of the grand experiment and its consequences. From Money Printing and Central Bank Balance sheets to Japan and the psychology of the current situation – which in many cases trumps the quantitative data – the question remains, “when will this unravel” as opposed to “if?”; Bass provides his fact-based heresy against the orthodoxy of economic thought “On The Financial Nature Of Things” extending well beyond his recent note. Must watch (there’s no football or X-Factor on tonight).

Make sure to stay tuned to the last 2 minutes when Kyle succinctly sums up our society…

YouTube

Tags: Banking, Barack Obama, Ben Bernanke, Bonds, Collapse, Debt, Dollar, Economy, EU, Europe, Fed, Federal Reserve, Financial Crisis, GDP, Germany, Global News, Government, Japan, Kyle Bass, Obama administration, Pension, Politics, Quantitative Easing, Retirement, Social Security, Society, U.S., War

YouTube

Tags: Alan Greenspan, Banking, Barack Obama, Ben Bernanke, Bonds, Collapse, Debt, Dollar, Economy, Fannie Mae, Fed, Federal Reserve, Financial Crisis, Freddie Mac, Global News, Government, Hyperinflation, Inflation, Japan, Obama administration, Politics, Quantitative Easing, Real Estate, Society, U.S., Unemployment

A MUST-SEE!!!

“My goals in 1976 were the same as they are today: Promote peace and prosperity by a strict adherence to the principles of individual liberty.”

…”economic ignorance is common place, as the failed policies of Keynesianism are continually promoted”…

… “psychopathic totalitarians endorse government initiatives to change our world” …

Forward to 2:08:40:

Tags: AIPAC, Bailout, Barack Obama, Bonds, Collapse, Congress, Constitution, Debt, Dictatorship, Economy, Fascism, Fed, Federal Reserve, Financial Crisis, Fiscal Cliff, Freedom, Global News, Gold, Government, Israel, Law, Liberty, Mexico, Middle Class, Military, Obama administration, Politics, Quantitative Easing, Religion, Ron Paul, Society, Taxes, U.S., War

By Mike Stathis

Mike Stathis holds a Master’s of Science in biological chemistry and biophysics from the University of Pennsylvania and was formerly a National Science Foundation research fellow at U.C. Berkeley. Mike serves as the Chief Investment Strategist of AVA Investment Analytics. As the only expert who predicted the financial apocalypse in detail, Mike has been a valuable source of guidance for investors, helping them to navigate the real estate and banking crisis, as well as the resulting global economic collapse. The accuracy of his predictions has positioned him as one of America’s most insightful and creative financial experts. He is the author of America’s Healthcare Solution, The Wall Street Investment Bible, America’s Financial Apocalypse, Cashing in on the Real Estate Bubble, America’s Financial Apocalypse, and The Startup Company Bible for Entrepreneurs.

From the article:

“Washington does not want Americans to understand the real economic problems facing their nation because it’s all about maximizing corporate profits at any expense, as one would expect from a fascist government. This is specifically why profits have remained near record-highs throughout the current recession, now entering its 59th month.”

- The truth about America’s jobless rate (PressTV, Oct 30, 2012):

In many respects, much if not all of the economic gains made in the United States from the past decade have been wiped out due to Wall Street malfeasance. Looking forward, I expect America to lose at least another decade.

While some of the economic turmoil is certainly due to the biggest real estate collapse in US history, a much larger portion is the result of the weak job market which is likely to persist for a number of years.
Although the real estate market appears to have bottomed, you should not expect anything other than a very gradual rise from here. In the absence of bubble conditions, the rate of real estate appreciation generally tracks that of inflation.

The biggest lift to the real estate market would come from lasting improvements in the job market. Thus, it is important to identify the real reasons for the persistently high unemployment rate so that adequate solutions can be designed. If the factors accounting for the continued weakness in the labor market are not addressed, America stands a good chance to lose much more than a decade. Continue reading »

Tags: Barack Obama, Collapse, Dictatorship, Economy, Financial Crisis, Global News, Government, Great Depression, Mike Stathis, New World Order, Obama administration, Paul Krugman, Politics, Society, U.S., Unemployment

YouTube Added: 13.06.2012

Tags: Banking, Barack Obama, Bush administration, Congress, Debt, Economy, Fannie Mae, Financial Crisis, Freddie Mac, George Bush, Global News, Government, Henry Paulson, Mortgage crisis, Mortgages, Obama administration, Politics, TARP, U.S., Wells Fargo