The phenomenon of economic globalization has made all the rational elements of the economy are interrelated due to the consolidation of oligopolies, technological convergence and corporate tacit agreement so the economic crisis is global, binding, heading slowly but inexorably to its irreversible decline.
To reach the sunset (which are already outlined early sketches and finish drawing the next five years), have contributed the following:
Replacing the economic doctrine of Equilibrium (…)
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TO THE DECLINE OF THE GLOBAL ECONOMY
21 July 2010 -
ANNOUNCED THE STOCK MARKET CRASH
21 July 2010The current bubble would be the daughter of the euphoria of Wall Stretto (and by extrapolation from the rest of world stock) following the results of so-called "stress test" of financial institutions conducted by the U.S. administration, the arrival of small and medium investors following the bursting of the housing bubble and the dramatic decline in yields of Mutual Funds and Fixed Income and especially the return to the city’s brokers speculative virtual bargain hunting after the collapse (…)
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Video: CODEPINK Rips BP, Mocks Congress and Demands Clean Energy
21 July 2010On July 20, 2010, a rally was held on Capitol Hill, in Washington, D.C., to protest BP. At the demonstration, I interviewed Ms. Medea Benjamin, Co-Founder of CODEPINK, a national Peace and Justice organization. It also has a strong commitment to environmental issues. See: http://www.codepink4peace.org/
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Video, Charge: “Regulators Were Sleeping with the Oil Industry!”
21 July 2010On July 20, 2010, a rally was held on Capitol Hill, in Washington, D.C., to protest BP. One of the speakers was Aaron Viles, Campaign Director of the Gulf Restoration Network. It is an organization located in New Orleans, LA, which is dedicated to fighting for a healthy Gulf of Mexico. See: http://www.gulfrestorationnetwork.org/
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America is Insolvent. Why Would China’s Rating Agency Rate US Debt AA When it is No Better Than Junk?
20 July 2010America is Insolvent. Why Would China’s Rating Agency Rate US Sovereign Debt AA When it is No Better Than Junk?
by Matthias Chang
Global Research, July 19, 2010
For all intent and purposes, the United States is insolvent.
This is not my personal assessment but that of world renowned “experts” and economists, and financial institutions. Just google “US Debts” and you can find thousands of analysts stating that there is no way that the US can ever pay off its debts. The US cannot even (…) -
THE NEW EUROPAEAN GEOPOLITICAL SCENE
20 July 2010The mandate of the new EP clearly conservative dye will depend on the severe impact of the global economic crisis, draw a new stage to five years in which we can witness the beginning of the disintegration of the current European Union.
In the case of France, in the upcoming presidential and legislative elections of 2012 Sarkozy will face a left-wing Federation that could put you in trouble in the first round, but not prevent foreseeable achieved victory in the second round and the (…) -
Inside Mexico’s Drug War, Americans Allege Abuse
19 July 2010Inside Mexico’s Drug War, Americans Allege Abuse
By NICHOLAS CASEY
CIUDAD JUÁREZ, Mexico—Two Americans were driving back to El Paso, Texas, last December after an afternoon across the border in Ciudad Juárez. A few blocks from the border, they were surrounded by Mexican army trucks and pulled from their Dodge Ram.
Violence escalates in the drug wars in Mexico as a car bomb set off by a cell phone kills at least three people. Deborah Lutterbeck reports. Video Courtesy of Reuters. (…) -
NETANYAHU ON VIDEO: THE U.S. IS ‘EASY’ TO MANIPULATE
19 July 2010NETANYAHU ON VIDEO: THE U.S. IS ‘EASY’ TO MANIPULATE
Posted on Jul 18, 2010
The U.S. is easy—or so says Benjamin Netanyahu. The Israeli prime minister was recorded in 2001, apparently without his knowledge, claiming that the U.S. was “easy” to manipulate and that Israel should launch a broad attack against the Palestinian Authority that would be “so painful that the price will be too heavy to be borne.”
Netanyahu was not prime minister at the time of his comments, which were made in (…) -
Collapse in Living Standards in America: More Poverty By Any Measure
19 July 2010Collapse in Living Standards in America: More Poverty By Any Measure 15 million unemployed, homelessness has increased by 50 percent in some cities
by Christine Vestal
Global Research, July 14, 2010 Stateline - 2010-07-08
More than 15 million Americans are unemployed, homelessness has increased by 50 percent in some cities, and 38 million people are receiving food stamps, more than at any time in the program’s almost 50-year history. Evidence of rising economic hardship is ample. (…) -
The cyclical course of History in the U.S.
19 July 2010By GERMÁN GORRAIZ LOPEZ
The fickle and cyclical evolution of history, could make two U.S. presidents (separated in time by about 50 years), were united by economic recession and the wars that will receive as an inheritance. So, Obama and Kennedy would pass into history as sociological phenomena using intelligent mass of new audiovisual technologies to exploit his undeniable personal charisma, telegenia and power of the Word, have been two people with no experience or political ideology (…)