U.S. Game Changing Renewable – Geothermal Power. Note that the preponderance of the nation’s geothermal potential is in the Rocky Mountain States and the Intermountain West. The American Redoubt just keeps looking better….
Signs of the Times: Food stamps put Rhode Island town on monthly boom-and-bust cycle
Could The “Cyprus Fiasco” Occur In The U.S.?
Brian S. like this piece by Charles Hugh Smith: The Deeper Meanings of Cyprus
A 15% Haircut for Italian depositors? Tyler Durden of Zero Hedge mentioned this quote in a Handelsblatt newspaper article from Commerzbank chief economist Jörg Krämer: “‘So it would make sense, in Italy a one-time property tax levy.’ suggested the Bank economist. ‘A tax rate of 15 percent on financial assets would probably be enough to push the Italian government debt to below the critical level of 100 percent of gross domestic product.'” See the original Handelsblatt article here and an automated translation here.
Items from The Economatrix:
Jim Sinclair: Gold Is Going To Take Out $1,600
Former US Treasury Official – US Financial System To Collapse
Forced Loans They Can Take Your Money Giving You {Worthless} Government Bonds