“Tactical nuclear weapons were used, at least one in Iraq and several were used in Afghanistan –in the Tora Bora mountains,” Peter Eyre, a Middle East consultant, said. Eyre pointed out that the atomic bomb dropped on Afghanistan’s Tora Bora region was so powerful that it actually created an earthquake there. The analyst went on…
Except for the MF Global scandal Europe still stands at the forefront of world debt problems. Up until now little has been accomplished toward solving these problems and the traditional Christmas season is upon us, which stretches from December 7th, to January 10th, a period in which very little will be accomplished. It is reminiscent…
The US Federal Reserve has fooled a lot of people into believing that the grand monetary pump and debt monetization project has been put on hold. The only thing that changed was their talking publicly about it. The money press has been working to the limit, never stopped. The discussion has been kept quiet, but…
Thus, now we know why stock markets around the world are soaring. Financial pundits seem to think that all of those underlying issues facing the too-big-to-fail mega banks exposed to the unpayable sovereign debt of European countries have somehow been resolved as of this morning. As his been the case for the last two years,…
Senator Rand Paul told Judge Andrew Napolitano last night that Americans could be stripped of their rights and sent to Guantanamo Bay under the terms of the ‘indefinite detention’ provision of the National Defense Authorization Act set to be passed by the Senate this week. READ MORE
Just in time for the Chinese 50 bps RRR cut, we get a note from Albert Edwards reminding us just why this desperate and sudden move from China comes: “We have identified a China hard landing as one of the biggest investment shocks next year.” Not only that, but the SocGen strategist takes a long…
Recent Comments