Death Cometh for the Greenback
by Joseph E. Stiglitz
http://www.nationalinterest.org/Article.aspx?id=22348
From the November/December issue of The National Interest.
Reflections from news and commentary of the day
Reflections from news and commentary of the day
Our Economy Was a Scam and Now We're Dead Broke
ReplyDeleteBy Joe Bageant, JoeBageant.com. Posted October 27, 2009.
http://www.alternet.org/politics/143521/our_economy_was_a_scam_and_now_we%27re_dead_broke
The US as Failed State
The Super Rich are Laughing
Paul Craig Roberts
Oct 26, 2009
http://www.321gold.com/editorials/roberts/roberts102609.html
SF Chronicle: California's True Unemployment Rate Likely 21.9%
Tom Abate, Chronicle Staff Writer
Monday, October 26, 2009
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/10/26/MNN81A9JF2.DTL
NewsDaily- U.S. bank chargeoff rate exceeds Depression- Moody's
Posted 2009/10/26 at 12:32 pm EDT
http://newsdaily.com/stories/tre59p3lm-us-banks-chargeoffs-moodys/
Wall St. Journal
Regulators Prepare for the Next 'Big One'
OCTOBER 27, 2009
http://online.wsj.com/article/SB125658622808208735.html?mod=rss_whats_news_us_business
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Iranian Oil Bourse finally opened in the early hours of October 26th, 2009. The last time it was in the news (initial inaguration in 2008), we had Iranian speed boats threatening our battleships. That and deep sea cable cuts http://pkpolitics.com/2008/02/04/forth-cable-cut-iranian-oil-bourse-sabotaged/
ReplyDeleteMore background from a 2006 article on Global Research site:
http://www.globalresearch.ca/index.php?context=va&aid=2076
"Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse" by William Clark
http://www.energybulletin.net/node/7707
and lastly and exerpt, "The Iranian government has finally developed the ultimate “nuclear” weapon that can swiftly destroy the financial system underpinning the American Empire. That weapon is the Iranian Oil Bourse slated to open in March 2006."
http://www.energybulletin.net/node/12125