Greece Today, America Tomorrow? o o o For America’s economy, the end is nigh – H.L. o o o Strategic Investment Manager Warns Of Worldwide Financial Detonation: The Whole Thing Is Going To Blow Up – B.B. o o o Global Banking System on the Verge of Total Collapse o o o Why Greece Is The Precursor To The Next Global Debt Crisis – H.L.
When Money Dies – G.G. o o o California’s war against the middle class: Massive income inequality pushes a growth in crowded rental households and lack of income growth. o o o Why We Should Get Used To Low Oil Prices o o o Debt Crisis Central: Let’s Not Forget About America – H.L.
Tsipras Betrays Referendum, Sells Out to the Banks – H.L. o o o China Stocks and the New York Stock Exchange Shutdown: The Untold Story – H.L. o o o It’s Not If But When the Government Seizes Private Retirement Savings – B.B. o o o Brief interview w/Paul Craig Roberts. This is the best analysis of the E.U./Greek crisis you’ll hear. Why can’t a few more people step forward and frame this thing as plainly as P.C.R.? The whole interview is a grand slam homer, but if you can only listen for five minutes, minute 12 to minute 17 …
Premier Bank is the sixth FDIC-insured institution to fail in the nation this year, and the first in Colorado. – G.G. o o o China lost the equivalent of 14 Greeces over the last month: Why the actions of banning short selling and punishing the market taken by the Chinese government will backfire. o o o Items from Mr. Econocobas: Greek Deal in Sight as Germany Bows to Huge Global Pressure for Debt Relief Greece’s Tsipras to Sell Austerity Deal to Reluctant Party – We are truly living through some crazy weeks here globally from an economic perspective. With Cash …
Train Wrecks Past & Future o o o The next Greece may be in the U.S. o o o U.S. Economy Slouches Toward Recession As Eurozone Crisis Widens o o o OPEC Still Holds All The Cards In Oil Price Game o o o Video (10 min): Stewart Rhodes (Oathkeepers) warns public to ready for economic shaking
Banks Quickly Abolishing Your Ability to Use & Store Cash. – D.S. o o o Priorities: Greeks Rush to Buy Laptops and Games Consoles in Anticipation of Economic Collapse. – JBG o o o Items from Mr. Econocobas: China ‘Heading Towards 1929 Market Crash’… Chinese Retail Investor Savings ‘fall into abyss’… ‘Greece Is On The Edge of Catastrophe. There Will be Riots and Chaos’ Greek Crisis – Breakdown Of Situation With Mike Maloney
Gold Up & S&P Down? o o o US Mint SOLD OUT of Silver Eagles, Announces Will Not Take Orders Until AUGUST! – D.S. o o o One in Five Americans Participates in Government Assistance Programs Each Month – G.G. o o o China stocks tumble again despite support measures. – G.P. o o o How The U.S. Government Could Default On Its Debt
“Greece Is Coming To Your Neighborhood” Marc Faber Warns o o o 9.3 million Americans went through a foreclosure or short sale between 2006 and 2014: Home shopping in Compton California. o o o Items from Mr. Econocobas: Greece Bailout Referendum: They Voted ‘No’. Now What? David Stockman- It Is NOT Priced-In, Stupid! Barack Obama Tells Another Whopper—–He Did Not Create 12.8 Million Jobs Sugar, Flour, Rice: Panicked Greeks Stock Up
Greeks Using Bitcoins to Preserve Their Wealth – H.L. o o o EU warns of Armageddon if Greek voters reject terms – JBG o o o Greece’s Yanis Varoufakis prepares for economic siege as companies issue private currencies – JBG o o o The BIS Is Trying To Hide A Terrifying Nightmare That Is Going To Send The World Into A Full-Blown Panic – B.B.
Rosy jobless numbers cover up bad news. – J.F. o o o Famous Rothschild Banking Dynasty Facing Fraud Charges In France o o o Non-working America soars by 640,000 in one month to new record of 93.6 million. Not in the labor force Americans up 11 million since 2010. o o o Sugar, flour, rice: panicked Greeks stock up on essentials – G.G. o o o Greek banks prepare plan to raid deposits to avert collapse. – G.G. o o o Tax Like It Is July 4, 1776. – PLC
Greek banks prepare plan to raid deposits to avert collapse – JBG (requires login) o o o Items from Mr. Econocobas: Greek Bank Closures May Deplete Supermarket Shelves Greece Maybe Out of Cash by Weekend Greek Banks Considering 30% Haircut On Deposits Over €8,000: FT The Complete Greek Referendum Walk-Thru: When, How, What To Expect; And What Comes Next
HJL, As I write this, Greece and its financial woes are in the news again. There is nothing especially surprising about that, as Greece has been there before. Greece has been in a state of “soft default” since at least 2009. For the last five years Greece and the EU have engaged in on again – off again negotiations trying to tap dance around what has become known as “The Greek Debt Crisis”. The can, as they say, has been kicked down the road several times. At the end of this month (June 2015), Greece is due to cough up …
“It Could Never Happen Here” | The 10th Man Investment Newsletter – D.S. o o o US Dollar Death Guarantee o o o Items from Mr. Econocobas: Americans Not In The Labor Force Soar By 640,000 To Record 93.6 Million; Participation Rate Drops To 1977 Levels Since 2007 The US Has Lost 1.4 Million Manufacturers, Gained 1.4 Million Waiters And Bartenders Part-Time Jobs Surge By 161,000; Full-Time Jobs Tumble By 349,000
THE SILVER CHART REPORT: The Coming Explosive Silver Price & Market o o o The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing o o o Items from Mr. Econocobas: Puerto Rico Bonds Are Collapsing “Heartbreaking” Scene Unfolds At Greek Banks As Pensioners Clamor For Cash Swindle Alert: How To Spot The Fed’s Impending Bailout Of Europe
U.S. debt headed toward Greek levels. – G.P. o o o Greece Collapse: The real situation in the streets of Athens – Note the comment about vendors not taking credit cards or debit cards, just cash. If you haven’t already done so, ensure you have some cash in case of an earthquake or other. – P.S. o o o Items from Mr. Econocobas: David Stockman- Good On You, Alexis Tsipras (Part 1) Greek Crisis: ‘We Rely on Imports. Soon Even the Most Basic Goods Won’t Be Available’– Don’t imagine Amid Puerto Rico Debt Woes, Reality Hits San Juan Streets Greece …