Demise of the Dollar

SUBHEAD: The Great Recession never left us and collapse of the industrial economy is already under way.By Guy McPherson on 22 February 2011 in Nature Bats Last -(http://guymcpherson.com/2011/02/demise-of-the-dollar)Image above: Illustration of hyperinflation by David Dees. From (http://www.rense.com/1.mpicons/deesA2.htm).The U.S. dollar continues its journey from Brobdingnagian to Lilliputian

The Great Global Debt Prison

SUBHEAD: The banking elites haven’t just erected a prison, they’ve tossed us in Alcatraz!By Giordano Bruno on 4 February 2011 in Neithercorp Press - (http://neithercorp.us/npress/2011/02/the-great-global-debt-prison/)Image above: Sign at historic debtors prison in Accomack County, Virginia. From (http://freedominourtime.blogspot.com/2010/06/amnesty-for-banksters-debtors-prison.html).Tense and

Limits to Debt

SUBHEAD: Debt will have to be written off in enormous amounts—by the trillions of dollars.By Richard Heinberg on 20 January 2011 in Post Carbon Institute - (http://www.postcarbon.org/article/221391-limits-to-debt)Image above: Painting from series called "Dismayland" by Jeff Gillette. From (http://www.ufunk.net/artistes/dismayland-entre-favelas-et-disneyland).[This article is an excerpt from

Revenge of the Real Economy

SUBHEAD:The markets are completely distorted, both by purchaser preference and risk - but also blatant manipulation.By Steve Ludlum on 3 January 2011 in Economic Undertow - (http://economic-undertow.blogspot.com/2011/01/revenge-of-real-economy.html)Image above: Detail of "The Tornado Man" by Mark Bryan, 2004. From (http://www.artofmarkbryan.com/the%20tornado%20man.html).Happy New Year everyone!

Day of Reckoning

SUBHEAD: Here's that must-watch 60 Minutes segment on the finances of the states with Merideth Whiteny.By Joe Weisenthal on 20 December 2010 for Business Insider - (http://www.businessinsider.com/60-minutes-on-state-budgets-2010-12)Image above: Still frame of Meredith Whitney from video below.Here it is, what everyone will be talking about today. Says Meredith Whitney: This is the other big

Real Status of Bank Industry

SUBHEAD: Former Federal Reserve analyst Chris Whalen reveals the real status of the banks.Image above: Empty bank vault in Detroit. Michigan. From (http://becomingfearless.typepad.com/notesonbecomingfearless/2010/02/the-ruins-of-detroit.html).By Peter Gorenstein on 17 November 2010 for Yahoo Finance - (See video at: http://finance.yahoo.com/tech-ticker/article/535619/%22A-Lot-of-Losses-...-