Category Archive: Signs in Global Monetary Collapse

Exclusive – EU calls emergency meeting as crisis stalks Italy

(Reuters) – European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reflecting concern that the crisis could spread… Continue reading

Over 1,400 arrested, tear gas fired in Malaysia protest

(Reuters) – Malaysian police fired repeated rounds of tear gas and detained over 1,400 people in the capital on Saturday as thousands of activists evaded roadblocks and barbed wire to hold a street… Continue reading

Jobs growth stalls, setting back recovery hopes

(Reuters) – U.S. jobs growth ground to a near halt in June as employers hired the fewest workers in nine months, frustrating hopes the economy would bounce back quickly from a slowdown in… Continue reading

12 Signs the World is Running Out of Food

#1 More than 3 billion people, close to half the world’s population, live on less than 2 dollar a day. #2 Over the past year, the global price of food has risen by… Continue reading

A 2004 secret report warned of catastrophes and coming global upheaval

This is a chilling article and we reexamine what was written some 7 years ago, in 2004, in light of recent earthchanges. Here’s the UK article in part that appeared in the Guardian:… Continue reading

World food prices near record high, says UN agency

Global food prices rose sharply in June, according to the UN Food and Agriculture Organisation (FAO), after a steep increase in the price of sugar. The price of sugar rose by 14% last… Continue reading

European debt crisis: Portugal is latest domino to fall

European debt crisis: the German chancellor, Angela Merkel, needs to accept that the richer EU nations took a risky bet in buying Portuguese debt. Photograph: Picture Perfect/Rex Features There is a growing sense… Continue reading

S&P: We’ll Drop U.S. Debt Rating From AAA to D in August

Standard & Poor’s, the credit rating agency, will drop the United States’ debt rating from a pristine triple-A to a pathetic D if Republicans and Democrats cannot agree on a deal by August… Continue reading

Financial storm clouds of unprecedented intensity gathering on the horizon

July 3, 2011 – If you thought the global financial crisis of 2008 was bad, wait till you sit through the sequel. The world should be preparing for some very difficult days ahead. An unprecedented… Continue reading

Selling gold teeth to make ends meet in Greece

(Reuters) – A smartly dressed woman waits as a young man behind a glass screen weighs her gold earrings, bracelets and rings and counts out 1,600 euros. “I’ll see you again soon,” she… Continue reading

Dollar seen losing global reserve status

The US dollar will lose its status as the global reserve currency over the next 25 years, according to a survey of central bank reserve managers who collectively control more than $8,000bn. More… Continue reading

European Banks Scrambling to Prevent Default by Greece

European banks and insurers are scrambling to prevent a default by Greece amid worries that Greece’s parliament won’t pass a much-needed austerity plan next week. The focus right now is on a voluntary… Continue reading

Ron Paul worries Fort Knox gold is gone

WASHINGTON (CNNMoney) — With the price of gold at record highs, presidential candidate Rep. Ron Paul wants to make sure the U.S. gold bars at Fort Knox are really there. Paul called a… Continue reading

Drought & wildfire crisis: state of emergency issued for 33 counties in Oklahoma

June 24, 2011 – OKLAHOMA CITY — Lt. Gov. Todd Lamb has declared a State of Emergency for 33 Oklahoma counties because of extreme or exceptional drought conditions and associated wildfires. Lamb issued… Continue reading

Extreme weather the achilles’ heel of the U.S. economy?

June 23, 2011 –WASHINGTON — Everything has its price, even the weather. New research indicates that routine weather events such as rain and cooler-than-average days can add up to an annual economic impact… Continue reading

France’s Sarkozy Urges Action Against the ‘Plague’ of Food Price Surges

World food prices that rose 37 percent in a year, driving 44 million more people into poverty, are a “plague” that need action from world leaders now, French President Nicolas Sarkozy said. Group… Continue reading

Federal Reserve Lowers Economic Outlook for Rest of Year

The Federal Reserve acknowledged Wednesday that the economy is growing more slowly than it expected. But it said it will complete its $600 billion Treasury bond buying program by June 30 as planned… Continue reading

Mass suicide fears as French worry end of world is approaching

SO many people in France believe that the world is about to end that a government agency today alerted the country to the risk of mass suicides by converts to prophesies of imminent… Continue reading

More than 43 million worldwide forced from homes, U.N. says

(CNN) — The number of people forced from their homes worldwide has risen to 43.7 million, the highest level in 15 years, according to a U.N. refugee agency report released Monday. That’s up… Continue reading

Greek crisis at the tipping point

Unnervingly, it is starting to look like the answer may be yes. Policymakers this week failed yet again to take decisive action on Greece’s debt crisis, rattling markets and prompting billionaire George Soros to… Continue reading

The Chinese Government Is Buying Up Economic Assets And Huge Tracts Of Land All Over The United States

In 2011, America is for sale and the communist Chinese are eager buyers.  The Chinese government is using sovereign wealth funds and Chinese state-owned enterprises to buy up economic assets and huge tracts… Continue reading

US city turns to God for fiscal relief

NEW YORK: The debt-ridden capital of the state of Pennsylvania has tried every form of fiscal belt-tightening, from layoffs to furloughs to filing for bankruptcy . Now it is turning to God. Harrisburg… Continue reading

IMF cuts U.S. growth forecast, warns of crisis

SAO PAULO (Reuters) – The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden European countries that they are “playing with fire” unless they take… Continue reading

US Housing Crisis Is Now Worse Than Great Depression

It’s official: The housing crisis that began in 2006 and has recently entered a double dip is now worse than the Great Depression. Prices have fallen some 33 percent since the market began… Continue reading

The Coming Economic Hell For American Families

Tens of millions of American families are about to go through economic hell and most of them don’t even realize it. Most Americans don’t spend a whole lot of time thinking about things… Continue reading