Eurozone debt crisis-News Analysis

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Germany 4.0

“Yesterday’s witching hour of the European Union means that Germany has come very close to realising Bismarck’s dream of an economic empire stretching from central Europe to the Eastern Mediterranean.”


Yep, I was the first talking head in the world to point out Germany’s true intention.

Max Keiser: Teutonic Genie out of bottle, America punches itself in face: 11/27/2010

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“Today the dominant players are China and India, 58% of all the gold sold this year will be sold in these two countries.”

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A decade ago, in the early days of The Daily Reckoning, you would never have seen “debt” and “gold” in the headlines, let alone back-to-back.

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The old Cold War USA-USSR nuclear arms race has been replaced by the East-West Central Bank battle to accumulate physical gold and physical silver reserves

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Max Keiser – On The Federal Reserve: Is the Federal Reserve just an Extension of European Central Banks?

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What did Einstein say the definition of insanity was?

“In what could be a repeat of the easy-lending cycle that led to the housing crisis, the Justice Department has asked several banks to relax their mortgage underwriting standards and approve loans for minorities with poor credit as part of a new crackdown on alleged discrimination, according to court documents reviewed by IBD.”

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Bomb in Oslo – UPDATE 2: Shooter Is Norwegian Who Hates Muslims; UPDATE 3: 87 Dead

Stacy Summary: Reports of a bomb in Oslo. Thread with news here. It was prime minister’s office. Not confirmed that it is a bomb, but reports of a mangled car out front (suggesting I guess a car bomb)? Another video, it certainly looks like the aftermath of a bomb. Here is someone tweeting from the scene @chaglen. Reports of one confirmed death. And here is livestream from Norwegian news. Police in Oslo have confirmed it was a bomb. UPDATE: Aftenposten reporting that the Oil & Gas Ministry were the target. UPDATE 2: Police have arrested 3. One other surrounded by police in standoff at Oslo Airport. UPDATE 3: Police report shots being fired near a youth meeting UPDATE 4: MAN DRESSED AS POLICE OFFICER SHOT AT PRIME MINISTER YOUTH CLUB UPDATE 5: A group calling itself Helpers of Global Jihad claimed responsibility. UPDATE 6: News reporting that 25 – 31 killed at the youth camp.UPDATE 7 – Suspect is described as Conservative Christian on his Facebook page; and belongs to right wing group according to news in Norway. UPDATE 8: Shooter – Anders Behring Breivi – called himself ‘nationalistic’ and wrote many anti-Islam articles on an anti-Islam website Document.no UPDATE 9: Here is his twitter account created a few days ago UPDATE 10: 87 DEAD

oslo bombing  on Twitpic

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The powers-that-be have used the “Shock Doctrine” to pass anti-American, fascist legislation while the public was in a state of shock.

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“The euphoria will be about 1 hour, 2 tops, at which point the reality of a global economic contraction will once again have to be faced only this time coupled with [X] trillions in fiscal cuts over the next several years. And that will be it for the upside catalysts.”

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“The banks of Europe are the new Feudal Manors and Masters. All Europeans now serve them as debt-serfs in one way or another.”

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Last warning before the Autumn 2011 shock, when $15 trillion of financial assets go up in smoke

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Fitch announced it would be the first rating agency to declare Greece has defaulted

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EU Debt Restructuring Leads to Bailout Euphoria / Silver to Double to $100 Say Citigroup

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