Socio-Economics History Blog
Socio-Economics History Blog
[youtube=http://www.youtube.com/watch?v=3iGsSYEB0bA] See also: – Depleted Uranium in Libya Will Kill, Not Protect! ‘Depleted Uranium’s Toxic Legacy to Poison Libya for 40 years’! Uranium Bombs in Libya? US, UK ‘Habit of Deploying Radioactive Arms’! Libya Bombing: ‘Interventions Never End!’ ‘We’ll See Depleted Uranium Missiles Thrown By Western Aircraft on Libya’! Depleted Uranium: A Strange Way To …
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[youtube=http://www.youtube.com/watch?v=yAzYkioLrJQ] [youtube=http://www.youtube.com/watch?v=ar6lfg8d_gc] Paul Craig Roberts: 9/11 After A Decade, Have We Learned Anything? In a few days it will be the tenth anniversary of September 11, 2001. How well has the US government’s official account of the event held up over the decade? – Not very well. The chairman, vice chairman, and senior legal counsel of …
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The financial quakes are getting bigger and bigger. You do not need to be a genius to see the coming financial tsunami. September and October are the dangerous months for the financial markets. Yes, it looks increasingly likely the sovereign debt collapse will start in the next 2 months! (emphasis mine) – Germany fires cannon …
The world is overburdened by an insurmountable mountain of debt! The sovereign debt bomb is about to explode! It will start in the PIIGS, Italy will fall and it will spread to the rest of the Eurozone, UK, Japan and finally USA. The western financial/banking system will collapse. I do not believe that Asia will escape …
Major Eurozone banks are the holders of sovereign debts. In their books, they regard these sovereign debt as ‘AAA’ as good as cash. Of course, I am highly suspicious about the balance sheet of these banks. When the PIIGS default, one bank after another will topple, the western financial system will collapse! – Greek Bond …
The problem with major western banks is not a liquidity issue. It is insolvency. They are essentially bankrupt! The banks are allowed to hide all the toxic crap derivatives off balance sheet or value them at whatever price they like. This is the reason why they are still allowed to function. No amount of liquidity …
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