Turkmenistan Devalues Currency By 18%, Armstrong Warns Of “Economic Collapse On A Global Scale”

  The energy-rich former Soviet republic of Turkmenistan Thursday devalued its currency against the US dollar by 18%, as AFP notes, in the latest sign of contagion among Russia’s neighbors from the plunging ruble(following Krgyzstan’s 17% plunge in 2014 and Kazakhstan’s 14% tumble). However, as Martin Armstrong warns, this is symptomatic of a deflationary contagion…

StumbleUponEmailDiggWordPressPrint
Japanese Bloodbath

BLOODBATH: Japan’s Economy Contracts 1.6% in Q3, Misses Growth Target of +2.1%

Japan’s economy is in technical recession after gross domestic product (GDP) shrank in the third quarter, defying expectations for growth. The world’s third-largest economy contracted an annualized 1.6 percent in the July-September quarter, data showed on Monday, compared with a Reuters forecast for a 2.1 percent gain. The economy contracted a revised 7.1 percent in…

StumbleUponEmailDiggWordPressPrint
greek-debt-crisis-jpg

Greece Will Be In Default Within 15 Months, S&P Warns

Remember Greece: the country that in 2010 launched Europe’s sovereign solvency crisis and the ECB’s own helpless attempts at intervention, which later was “saved”, only to default shortly thereafter (but without triggering CDS as that would end the Eurozone’s amusing monetary experiment and collapse the Deutsche Bank $100 trillion house of derivative cards), which later…

StumbleUponEmailDiggWordPressPrint
250px-Gadsden_flag.svg

Patriot Power Hour Special Broadcast (9-8-2014)

An update on the world just a few days from the 13th Anniversary of 9/11 — will ISIS, Russia, and/or the Banksters make this Fall one to remember, for all the wrong reasons?….     Learn more about your overlords – the Banksters – and how you can help humanity FIGHT BACK against these scum!…

StumbleUponEmailDiggWordPressPrint
Russia and China work together

What It’s All About: Russia, China Begin Construction Of World’s Largest Gas Pipeline

If after months of Eurasian axis formation, one still hasn’t realized why in the grand game over Ukraine supremacy – not to mention superpower geopolitics – Europe, and the West, has zero leverage, while Russia has all the trump cards, then today’s latest development in Chinese-Russian cooperation should make it abundantly clear. Overnight, following a…

StumbleUponEmailDiggWordPressPrint
Bull vs Bear

Market bears now scarcer than any time since 1987

Professional investors haven’t had this little fear about stocks since Ronald Reagan was president. It was the same year Michael Jackson told us in a song he was “Bad.” The New York Giants won the Super Bowl. And oh yeah … by the way … the stock market crashed. As gauged by the weekly Investors…

StumbleUponEmailDiggWordPressPrint
250px-Gadsden_flag.svg

Patriot Power Hour – Now On MIXLR!

  While Waking American Radio Network undergoes a complete overhaul, you can find the Patriot Power Hour w/ Lucifer Bernanke LIVE every Sunday night at 9 PM Eastern at www.mixlr.com/lucifer-bernanke. The show must go on! This week’s episode covers chaos on the Southern Border from nearly every angle possible; updates on the situation in Ukraine…

StumbleUponEmailDiggWordPressPrint