Author: Hugh James Latimer

U.S. exports at risk as bird flu hits heart of poultry country. – P.M. o o o In the decades leading up to World War I, despite some barely-sane leaders running barely-functional institutions, inflation was never an issue. Money saved was wealth preserved, and global capital flowed freely. o o o Items from Mr. Econocobas: The Debt Ceiling Debate Returns and So Does the Trillion Dollar Coin Patience with Greece Running Low after Tough Week Rig Count Drops For 14th Week In A Row, Fastest Rate In 29 Years Dead-Cat-Bounce Dies (Again) – Stocks Plunge As EURUSD Breaks Below Crucial …

What storm? The stock and bond markets in the US are doing great, the media has sold the strong employment story, and all those nasty wars are far, far away. So the top few percent are doing well and are sheltered from the storm, but what about the rest of us? What storms are pounding us? Currencies are based on debt, and those dollars, yen, and euros are created every day to keep various financial bubbles inflated. Global debt is $200 Trillion and cannot be repaid except with deeply devalued currencies. Central banks are creating currencies, monetizing debt, reducing interest …

Greece Passes Law To Plunder Pension Funds. – B.B. o o o America looks Rich. Big Cars, Big Houses, Big Military. We paid for it with BIG Debt: Credit Card Debt, Stud-loan, Mortgage, National Debt! o o o Items from Mr. Econocobas: Retail Sales in U.S. Unexpectedly Fall for Third Straight Month David Stockman -Why The Dollar Is Rising As The Global Monetary Bubble Craters Q1 GDP Expectations Are Crashing

The Last, Great Run For The U.S. Dollar, The Death Of The Euro And 74 Trillion In Currency Derivatives At Risk. – H.L. o o o Two part video with Jim Willie: Part 1 – Central Banks Buying 100% of Sovereign Debt Part 2 – Collapse of the European Union – B.B. o o o Venezuela Begins Liquidating Its Gold