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…

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China Beats America

Not Just The Largest Economy – Here Are 26 Other Ways China Has Surpassed America

  #1 When you add up all imports and exports, China now accounts for more total global trade than the United States does. #2 There is now more total corporate debt in China than there is in the United States. #3 During 2013, we sold about 121 billion dollars worth of stuff to the Chinese,…

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venezuela-carrots

These Images Show How Inflation Has Made Basic, Everyday Products In Venezuela Ridiculously Expensive

The Venezuelan government calls the country’s minimum wage of Bs 4,252 per month the highest in the region. This converts to $675 per month, using the official exchange rate. But the black market rate — the real price you’ll pay — is Bs 100 to $1. Read More at Business Insider

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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…

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National Debt

The U.S. National Debt Has Grown By More Than A Trillion Dollars In The Last 12 Months

The idea that the Obama administration has the budget deficit under control is a complete and total lie.  According to the U.S. Treasury, the federal government has officially run a deficit of 589 billion dollars for the first 11 months of fiscal year 2014.  But this number is just for public consumption and it relies…

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New_Yankee_Stadium_panorama

46,496,145: Food Stamp Recipients Can Fill Yankee Stadium 925 Times

  In June 2014, there were 46,496,145 recipients of the food stamp program, which is enough to fill the Yankee Stadium 925 times, according to data fromthe Department of Agriculture (USDA). The Yankee Stadium is equipped to hold 50,291 persons, meaning that the 46,496,145 Supplemental Nutrition Assistance Program (SNAP) recipients in June 2014 could fill…

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Middle class Squeeze

“Three Lost Decades” – How the American Middle Class is 20% Poorer Now vs. 1984

    Like so many other things in popular American culture, this quaint notion of a “middle class” in the U.S. is at this point nothing more than a myth; a rapidly fading fantasy from a bygone era. As myself and many others have noted for quite some time, the decimation of the middle class began…

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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…

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EBT EBT

SHOCK REPORT: 70 MILLION PEOPLE WOULD BE STARVING IN THE STREETS WITHOUT GOVERNMENT WELFARE PROGRAMS

Amid all the talk of recovery by politicians, economic officials and big business leaders, the fundamental numbers behind all the propaganda tell a starkly different story. Home sales have dropped to record lows, more people are out of the workforce than anytime in the last 50 years, and cash-strapped consumers have run out of money…

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