Don’t Panic, Don’t Panic Just Yet
Channel 4 TV was not irresponsible when it set out a ‘what if’ scenario should the collapse of the euro in an EU member state trigger a chain reaction leading to the currency’s collapse. Certainly it is speculative More...
Europe on the brink of collapse
By Raul de Sagastizabal Europe is on the verge of collapsing and the world is again in the quagmire, the reason being Europe, rather than just Greece, is the planet’s soft belly, and the impact of Europe’s eventual More...
The Thin Blue Line is Broken
Student and public demonstrations are nothing new but they achieve significance during periods of societal change. Ordinarily they are safety valves when public frustrations build up a head of steam. The protest More...
As Ireland Gets Rescued, All Eyes on Portugal and Spain, Who’s Next to Collapse?
As the Irish banks are due to be rescued with up to 100,000 million euros in bailout funds, economists, investors and financial experts are turning their eyes on Portugal and Spain, asking “Who’s next?” An More...
Eric Cantona Calls for Run on the Banks
As Europe crumbles under an ever worsening debt crisis, activists are calling for a banking crash on the 7th December. Ex-footballer Eric Cantona has taken up the task to promote a revolution against the banking More...
China: The US is Insolvent and Faces Bankruptcy
A recent article in the Financial Times quotes the head of China’s biggest credit rating agency has said that the US is insolvent and U.S. credit ratings are a joke. “The western rating agencies are politicised More...
‘US facing Soviet-like disintegration’ says Iranian lawmaker
Reports from PressTV state that senior Iranian lawmaker Alaeddin Boroujerdi said that the “US is facing Soviet-like disintegration” warning the US of imminent collapse. “America’s conduct More...
U.S. The Crossroads of History
America’s superpower status may be tested and found wanting if, urged on by Israel it opts for what it sees as a pre-emptive strike against Iran. The argument that the Persian nation will acquire a nuclear More...
Cash for Wall Street Crash
Thursday 6th May, the New York Stock Exchange plummets 1,000 points; a historical first. By the Monday it recovers and a further 400 points are added. Spikes in graphs don’t get any sharper. In four days $3.7 More...
Japan heading for “financial meltdown” says analysts
Japan’s economy is heading towards financial meltdown, say analysts, who see that public debt in Japan is greater than that of any other industrialised nation. Public debt in Japan is heading towards 200 per More...
