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USA bugged Merkel’s phone for 10 years

Reuters reports today that US intelligence agencies may have bugged Angela Merkel’s phone for more than 10 years.  Germany is sending intelligence chiefs to Washington to discuss the matter. BERLIN (Reuters) – The United States may have bugged Angela Merkel’s phone for more than 10 years, according to a news report on Saturday that also […]

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Greenspan admits markets are result of screwy people, difficult to forecast

Alan Greenspan made a shocking statement on the Daily Show: “We really can’t forecast all that well. We pretend that we can but we can’t. And markets do really weird things sometimes because they react to the way people behave, and sometimes people are a little screwy.” – Alan Greenspan, speaking this week on “The […]

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The Fed will ultimately debase the US Dollar

Since 1980 those in power have become used to the idea that debt is growing faster than income.  The majority of economic and policy debate doesn’t focus on the real issue causing the financial crisis (which is the rapid expansion of the Fed’s US Dollar denominated assets), it’s actually very simply as Chris Martenson points […]

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US power waning amidst constant crisis

The US has experienced a systemic crisis recently including most aspects of the US system; political, financial, and social.  Being that the USD is the world reserve currency, and the US is basically the only real superpower, this has implications for the entire world.  Most notably, the US experienced severe systemic crisis: Spy Scandal, revelations […]

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EU votes to suspend Terrorist Finance Tracking Program (TFTP)

European politicians have voted for a suspension of an ongoing Terrorist Finance Tracking Program (TFTP), in light of recent revelations that the NSA has been spying on EU politicians, businesses, and individual citizens. The EU should suspend its Terrorist Finance Tracking Program (TFTP) agreement with the US in response to the US National Security Agency’s […]

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World rapidly changing

The world is changing rapidly. BRIC countries are building their own private internet China is now the world’s largest oil consumer Chase bank starts the first round of US capital controls (but it’s called ‘de-risking’ Meanwhile, Yuan trade expanding rapidly US Citizens giving up citizenship at record pace US Citizens cannot open Foreign Forex account […]

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US officials help NSA spy on 35 world leaders

More leaked documents show that the NSA spied on over 35 world leaders with the help of US officials. • Agency given more than 200 numbers by government official • NSA encourages departments to share their ‘Rolodexes’ • Surveillance produced ‘little intelligence’, memo acknowledges The National Security Agency monitored the phone conversations of 35 world […]

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BRICS building their own internet

Many governments and organizations are not taking the Spy Scandal lightly.  BRICS countries are building their own internet. As Reuters notes: * The BRICS countries make up 21 percent of global GDP. They have increased their share of global GDP threefold in the past 15 years. * The BRICS are home to 43 percent of […]

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Saudi Arabia begins end of Petro Dollar – shift away from US to China

One of the components keeping the US Dollar as a global reserve currency was the agreement between the United States and Saudi Arabia to price oil in US Dollars.  As the regions largest producer, this caused other oil producers to follow suit, and forced customers to use USD if they wanted oil.  Of course this […]

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