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Libor Humor

Courtesy of comedians John Oliver and Andy Zaltzman, some comedic commentary on the Libor scandal. Accurate and humorous, they state: “I cannot afford my brain to be distracted for a second by the lingering suspicion that our entire society is based on greed fueled financial trickery and economic larceny on a mathematically unfathomable scale.”
That’s it, [...]

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David Stockman: We Will Suffer One Crisis After Another

We hear a lot these days that due to high levels of sovereign and private debt, we will be unable to avoid a massive financial collapse, reshaping the world as we know it. Usually, proponents argue the collapse will happen quickly, bringing about a short term political vacuum and by necessity, a new economic model. Odd as [...]

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Dylan Ratigan is Mad As Hell, Are You?

He’s got it.  Watch and share this.
Joe Weisenthal called it “epic.”  Naked Capitalism is calling it “pretty remarkable.”  The Atlantic called it a “Howard Beale moment.”  This is a call to arms.   We need this and a lot more of it.

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Commentators Talk Economy: Recession, Collapse Imminent

The economy is an especially interesting topic right now, especially in the last month as the economic data indicates what most alternative news sources have been saying for months. The systemic problems of corruption, inflation, malinvestment and natural disasters have taken their toll. Couple that with the natural business cycle that says we’re [...]

Also posted in News | 1 Comment

Egyptian Demonstrator Catches Himself on Fire with Molotov Cocktail

As you’re probably aware, parts of Egypt are erupting in violent protest of the government.  A friend of mine caught this amazing shot on live TV yesterday.  As far as I know, no one else noticed this.
At the time, the media was reporting that pro-government demostrators were throwing the molotov cocktails, but there’s no way [...]

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