    LifeStraw Personal Water Filter - $19.95 Retail Price: $29.95 You Save: $10.00 from: Eartheasy.com   | acting-man.com / By Pater Tenebrarum / May 9, 2013 The German Revolution of 1918 that brought to power the Weimar Republic, had actually invited the Russian Communists to come take control of Germany. This is why Germany went into hyperinflation. ALL wealth went into hoarding. There was nothing to be found anywhere. [...] charleshughsmith.blogspot.com / By Charles Hugh Smith / WEDNESDAY, MAY 08, 2013 Degrowth embraces the ongoing devolution of paid work and wealth that cannot be reversed. The anti-consumerism Degrowth movement is gaining visibility and adherents in Europe. Degrowth (French: décroissance, Spanish: decrecimiento, Italian: decrescita) recognizes that the mindless expansion of mindless consumption fueled by credit and [...] armstrongeconomics.com / By Martin Armstrong / May 8, 2013 There have been a number of questions about the Dow and isn’t it a major high when the central banks are buying? No! There is a huge problem in the reserves of nations as this is why there will eventually be a massive [...] armstrongeconomics.com / By Martin Armstrong / May 8, 2013 Nigel Farage is spot on. This was forwarded to us today. It was his recap of the truth about the Euro. This is very much part of the dollar rally. There becomes little choice. Some have asked: 1) I understand your argument [...] dailyreckoning.com.au / By Dan Denning / May 8, 2013 In the olden days – let’s say back in the 13th century during the Mongol invasions of Europe – if you wanted to escape the Horde you retreated behind big thick city walls. But once the Europeans copied the Chinese and figured out just the right [...] marctomarket.com / By Marc Chandler / WEDNESDAY, MAY 8, 2013 This Great Graphic was posted on the Economist. It shows what households pay for a kilowatt hour of electricity in Europe. While Europe is integrating at different speeds on different sets of policies, and electricity can easily flow over national borders, electricity [...] dollarvigilante.com / By Jeff Berwick / May 8, 2013 Welcome to Europe where the vultures aren’t hanging back and waiting for things to die anymore. Thanks to the government, the Griffon vulture is showing a little more initative, being proactive, and moving a notch upward on the food chain from scavenger to [...] zerohedge.com / By Tyler Durden / May 7, 2013, 11:19 -0400 The Cypriot deposit confiscation has come and gone (and in a parallel world in which the global Bernanke-put never existed and in which bank shareholders were not untouchable, this is precisely how real-time bank restructurings should have taken place), but fears [...] zerohedge.com / By Mark J. Grant / May 7, 2013, 09:02 -0400 Submitted by Mark J. Grant, author of Out of the Box, A fool-proof method for sculpting an elephant: First, get a huge block of marble; then you chip away everything that doesn’t look like an elephant. Having just returned from the Continent I [...] zerohedge.com / By Tyler Durden / May 6, 2013, 11:47 -0400 With Japan in the middle of Golden Week (and the UK on holiday), it is perhaps no surprise that European sovereign bonds sold off today. After an epic month, which saw Italian bond spreads collapse around 100bps, today’s 10bps widening in spread is the [...] zerohedge.com / By Tyler Durden / May 3, 2013, 11:45 -0400 Quite a day. European stocks exploded on the noise of the US payrolls beat this morning. Unusually Germany’s DAX outperformed (as opposed to high beta momo monkeys like Spains IBEX or Italy’s MIB) taking it to its best 8-day run in 18 months (sure, [...] goldsilverworlds.com / By Gold Silver Worlds / May 2, 2013 Both the central bank in the US and Europe announced an update on their monetary policy over the last two days. The US is now facing almost five consecutive years of zero interest rates. On Wednesday May 1st, the US central bank [...] zerohedge.com / By Tyler Durden / May 2, 2013, 07:49 -0400 While the ECB’s refinancing rate cut of 25 bps was very much expected, and just took place pushing the main refi rate to a record low 0.50% (because more liquidity is just what Europe’s collapsing economy needs), what was unanticipated was that the Marginal [...] dollarvigilante.com / By Jeff Berwick / May 2, 2013 Sometimes things don’t always go to plan. As background, a few months ago I was approached by two young entrepreneurs. They had purchased a semi-workable Bitcoin ATM off of another entrepreneur and were excited about the prospects and approached me to help with [...] zerohedge.com / By Tyler Durden / May 2, 2013, 06:57 -0400 The overnight macroeconomic news started early with China where the second, HSBC Manufacturing PMI declined from 51.6 to 50.4, below estimates of 50.5, yet another signal of a slowdown in the country (where one can argue the collapse in copper prices is having a [...] zerohedge.com / By Tyler Durden / 05/01/2013 17:30 Submitted by Mark J. Grant, author of Out of the Box, The Cyprus Template “What manner of men had lived in those days…who had so eagerly surrendered their sovereignty for a lie and a delusion?” -Taylor Caldwell Cyprus is absolutely the template for Europe now. [...] dailyreckoning.com.au / By Bill Bonner / May 1, 2013 Gold is recovering well, moving from weak hands to stronger ones. Not much else to report. So we’ll tell you about our weekend… ‘I’ve been to Buenos Aires twice,’ said Jorge. ‘First, when I did my military service…and second, when I went after I got married.’ [...] zerohedge.com / by Tyler Durden / April 30, 2013 21:49 In a little under two minutes, Nigel Farage sums up the utter farce that “the religion” that Europe has become. He explains, his fear is that what will break up the Euro, “is not the economics of it, but wholesale, violent revolution,” in the Mediterranean, [...] thedailybell.com / By Staff Report / TUESDAY, APRIL 30, 2013 There will be more wealth confiscation, without a doubt’ … Savers and investors face further “wealth confiscation” in Europe as the continent struggles to resolve the single currency’s problems, a bank chief has said … European politicians will take the “easy option” of taking money [...] marctomarket.com / Marc Chandler / TUESDAY, APRIL 30, 2013 The US dollar is little changed in thin month end activity in Europe, ahead of tomorrow’s May Day holiday and the ECB meeting on Thursday. The broader capital markets are firm. The MSCI Asia Pacific Index rose nearly 1% to finish April at its best level [...] armstrongeconomics.com / By Martin Armstrong / April 30, 2013 Ever since the ECB issued a report that claims the south was richer than the north to get out of bailing them out, the reaction behind the curtain is very interesting. The talk in the south is now [...] armstrongeconomics.com / By Martin Armstrong / April 30, 2013 QUESTION: I read your metals report. This is really a great read. It is deflation that destroys empires by sucking in all assets like a black hole eats star systems. I am correct? ANSWER: Yes! The hyperinflationists only look at Germany and Zimbabwe [...] zerohedge.com / By Tyler Durden / April 30, 2013, 08:57 -0400 While near record low sovereign bond spreads and near record high equity prices have been taken as vindication by the European elites that all is well and ‘we just need a little less fauxsterity‘ to be done with this crisis; the data, as it [...] theeconomiccollapseblog.com / By Michael Snyder / April 29th, 2013 The next Great Depression is already happening – it just hasn’t reached the United States yet. Things in Europe just continue to get worse and worse, and yet most people in the United States still don’t get it. All the time I have people ask [...] zerohedge.com / By Tyler Durden / April 29, 2013, 11:13 -0400 First the good news: so far of the 252 companies reporting Q1 earnings, 74% have beat expectations on the bottom line (in Europe it’s a different story with 44% beating and 56% missing). The reason: progressively lowering of estimates for the past 3 months [...] blog.milesfranklin.com / By Bill Holter / April 29, 2013 It’s going to happen… because it already is happening and mathematically it had to and has to. “It” being a complete breakdown of the financial system. Look around the Western world and you will see sovereign nation after sovereign nation with debt to GDP ratios bloated [...] zerohedge.com / By Mark Grant / April 29, 2013, 09:26 -0400 Submitted by Mark Grant, author of Out of the Box, OUT OF THE BOX: “THE DEVIL HAS HIS ELECT.” Politics: An occupation akin to numerology and astrology lacking the precision of the former and the success of the later. Having just left Italy [...] Lithuania: a bubble, followed by a severe bust coupled with austerity, and the return of growth acting-man.com / By Pater Tenebrarum / April 29, 2013 A Question of Spending Discipline and Reform The Baltic States are unique in Europe in that they went through an austerity crash program a while ago [...] zerohedge.com / By Tyler Durden / April 29, 2013, 06:59 -0400 With China and Japan markets closed overnight, activity has been just above zero especially in the critical USDJPY carry, so it was up to Europe to provide this morning’s opening salvo. Which naturally meant to ignore the traditionally ugly European economic news such as [...] |
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