Make Money From Sterling’s Decline Tradefair Financials
THE pound is down. One would hesitate to say the pound has been pounded and taken a pounding. Read the rest of this entry »
Making Money from Sterling’s Decline
Posted by smeddum on October 10, 2008
Posted in Uncategorized | Tagged: Financial crisis, Sterling's decline | Leave a Comment »
Aussies joke – and hope – that China can save capitalism
Posted by smeddum on October 10, 2008
Aussies joke – and hope – that China can save capitalism
1 day ago
SYDNEY (AFP) — A cartoon on the front page of Australia’s national newspaper Thursday neatly illustrates an irony admitted by the government: communist China could save capitalism.
The illustration shows a Chinese man in a Superman outfit telling exactly this to a bankrupt, cigar-smoking Wall Street tycoon covering his nakedness in a barrel.
“Oh, you’re just loving this, aren’t you,” the fallen high-flyer replies in the cartoon in The Australian. Read the rest of this entry »
Posted in Financial crisis, Multipolar world | Tagged: Australia, China Australian cooperation | Leave a Comment »
Latin leftists gloating over ‘Comrade’ Bush’s bailout
Posted by smeddum on October 10, 2008
Latin leftists gloating over ‘Comrade’ Bush’s bailout McClatchy
CARACAS, Venezuela — They don’t call him President Bush in Venezuela anymore.
Now he’s known as “Comrade.” Read the rest of this entry »
Posted in Uncategorized | Tagged: South America | 1 Comment »
Dollar LIBOR jumps to new credit crisis extreme
Posted by smeddum on October 10, 2008
Dollar Libor Jumps to New Credit Crisis Extreme
Interest-Rates / Credit Crisis 2008
Oct 09, 2008 – 02:39 PM
By: Mike_Shedlock Market Oracle
The cost of borrowing in dollars for three months in London soared to the highest level this year as coordinated interest-rate reductions worldwide failed to revive lending among banks for any longer than a day. Read the rest of this entry »
Posted in Financial crisis | Tagged: credit crisis, economic collapse, economic disaster, economic slump, LIBOR | Leave a Comment »
Iceland facing Bankruptcy halts trading
Posted by smeddum on October 10, 2008
Iceland halts stock trading
From Chicago Tribune news services
October 10, 2008
Iceland suspended trading on its stock exchange for two days and took control of the country’s largest bank—the third to be placed under its protective umbrella—on Thursday as it grappled with a banking crisis that is threatening to engulf the country. Read the rest of this entry »
Posted in Uncategorized | Tagged: bankrupt iceland, Iceland, Iceland Bankrupt, Iceland is broke | Leave a Comment »
Medvedev, Sarkozy find common language
Posted by smeddum on October 10, 2008
from Gazeta.ru, RBC Daily RiaNovosti
Medvedev, Sarkozy find common language
French President Nicolas Sarkozy has supported Russian President Dmitry Medvedev’s idea of reforming the European security system. The two leaders made policy speeches at the first World Policy Conference in Evian, France. Read the rest of this entry »
Posted in Multipolar world | Tagged: EU-Russian relations | Leave a Comment »
The Big Con and the Big Lie
Posted by smeddum on October 9, 2008
The Big Con and the Big Lie
Posted in fury by Frank FrankFisher.org
October 8, 2008
Tags: bbc, bilderberg, creditcrunch, lies, media, motherfuckingbbc, robertpeston, scam, shills, theft
For a few weeks now I’ve been blissfully unconcerned by the Credit Crunch, and subsequent fall-out. I have no investments or pension, I’m not looking to buy or sell a house so the direct consequences don’t affect me. But further, I figured the market would find its balance, and this would all be small beer a few years hence – another Dot Com Crash, gone and soon forgotten. What has worried me is the usual media idiocy and uniformity of presented opinion (generally masquerading as fact), the quite pitiable reaction of the major political parties, and the general rush to ill-judged state interventions worldwide. Read the rest of this entry »
Posted in Uncategorized | Tagged: Media deception, UK bank bailout | Leave a Comment »
German property may soon lure sovereign wealth
Posted by smeddum on October 9, 2008
German property may soon lure sovereign wealth
Reuters, Thursday October 9 2008
By Dave Graham
BERLIN, Oct 9 (Reuters) – Sovereign wealth funds (SWFs) from Asia and oil-rich nations may be set to jump in to the German real estate market, helping to support a sector which has been knocked down but not out by the financial crisis. Read the rest of this entry »
Posted in Uncategorized | Tagged: Germany, housing crisis | Leave a Comment »
France weathers worldwide housing price bust
Posted by smeddum on October 9, 2008
France weathers worldwide housing price bust
October 9, 2008 The Web in France
France and especially Paris seem set to withstand the worst of the drop in residential real estate prices.
It’s only news in the US — the real estate boom is well and truly over. prices are falling around the country as foreclosures turn real estate auctions into fire sales. The trend, albeit on a less catastrophic scale, is starting spread around the world, with Britain, Spain and Ireland seeing home prices falling. France has begun to feel the effects of the housing-price meltdown trend, but some signs indicate that France, and Paris in particular, will weather the storm better than most countries in Europe and certainly better than the US. Read the rest of this entry »
Posted in Uncategorized | Tagged: France, housing crisis | Leave a Comment »
The Edge of the Abyss: As Economic War Threatens It’s Time to Fight Back. Let’s Start With National Teach-ins
Posted by smeddum on October 9, 2008
The Edge of the Abyss: As Economic War Threatens
It’s Time to Fight Back. Let’s Start With National Teach-ins
by Danny Schechter
Global Research, October 9, 2008
The other day as I was out promoting my book Plunder with a talk at a New York bookstore on the day the market dropped precipitously. It was a day that I led my blog with a quote from financial analyst fearing we are on the edge of the abyss. Read the rest of this entry »
Posted in Uncategorized | Tagged: American revolution, bailout resistance, National teach-ins | Leave a Comment »
FEMA sources confirm coming martial law
Posted by smeddum on October 9, 2008
FEMA sources confirm coming martial law
Wayne Madsen Heyoka Magazine
WMR
October 8, 2008
WMR has learned from knowledgeable Federal Emergency Management Agency (FEMA) sources that the Bush administration is putting the final touches on a plan that would see martial law declared in the United States with various scenarios anticipated as triggers. The triggers include a continuing economic collapse with massive social unrest, bank closures resulting in violence against financial institutions, and another fraudulent presidential election that would result in rioting in major cities and campuses around the country. Read the rest of this entry »
Posted in Uncategorized | Tagged: martial law | 1 Comment »
