Global Intelligence
10 October 2013 BERKELEY – The dollar is the world’s go-to currency. But for how much longer? Will the dollar’s status as the only true global currency be irreparably damaged by the battle in the US Congress over raising the federal government’s debt ceiling? Is the dollar’s “exorbitant privilege” as the world’s main reserve currency […]
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David Stockman, author of The Great Deformation [79], summarizes the last quarter century thus: What has been growing is the wealth of the rich, the remit of the state, the girth of Wall Street, the debt burden of the people, the prosperity of the beltway and the sway of the three great branches of government […]
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It’s no fun being a cynic, thinking that everything is bad and getting worse. It’s easy–especially in the security community–but it’s not fun. But, in light of the latest in the interminable string of revelations about the NSA’s efforts to eat away at the foundation of the security industry, the only alternative available is the […]
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Just when you think that the worst has come, been and gone, there will be more stuff hitting the fan in the very near future and that should serve as a lesson to the next head of the Federal Reserve that central banks don’t usually necessarily have the people in mind when they take things […]
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While it is easy and often enjoyable to distract oneself with daily drudgery such as who will bomb whom (if not so enjoyable for those on the receiving end of said bombs), the key word in the sentence is just one: “distract” and as Kyle Bass pointed out correctly, the best, and most “economy-boosting” of all distractions […]
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Sep 11, 2013 – 01:26 PM GMT By: Jeff_Berwick We have been saying for the last four years that as Europe, the US and other Western and global nation-states continue their debt-fueled collapse the governments of these countries will continue to consider their citizens’ wealth to be their own and seize more of their assets. We […]
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(DaveHodges) – There are very dark storm clouds gathering around the country and North America as a whole. Things are about to get dark, very dark in just a few short weeks. In just over two months, on November 13-14, 2013, the lights are about to go out. Will the lights come back on? It […]
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An animated time-lapse map of worldwide protests from 1979 to 2013: About the creator: Animated Protest Mapping One of the primary shortcomings of the original protest map I posted was that it only captured a static picture of protest activity over a 6 month span. While this was interesting in its own right, many people, including myself, were […]
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Submitted by Brandon Smith of Alt-Market blog, For years now at Alt-Market (and Neithercorp.us) I have carefully outlined the most likely path of collapse to take place within the U.S., and a vital part of that analysis included economic destabilization caused by a loss of the dollar’s world reserve status and petro-status. I have also always made […]
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