JUL 8 SIT EC y POL
ZERO HEDGE
Preparedness
Critics Are History's Cannon Fodder.
by
Brandon Smith via Alt-Market.com. Submitted by Tyler
Durden on 07/08/2015
The world is entering a kind of no man’s land, in between
the realms of insane denial and utterly obvious crisis. Europe is now
destabilizing amid the Greek soap opera (an event that we predicted in January would occur in 2015); China’s stock
market bubble is bursting; and the U.S. dollar’s world reserve status is about
to be decimated by the global shift toward the International Monetary Fund’s
basket currency reserve system. We're afraid we're going to have to say this
because we don’t know if anyone else will admit it: Alternative economic
analysts were right, and the mainstream choir was either terribly wrong or
disgustingly dishonest. However, as most in the liberty movement are
well aware, being right is not necessarily a solution to disaster.
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Why
Grexit Is The Most Likely Outcome. Submitted by Tyler
Durden on 07/08/2015
1. Greece is already in default to the IMF
2. Greece and the rest of the Eurozone are further apart than ever
3. Capital controls are notoriously hard to unwind
4. The “no” vote protects the Eurozone’s politicians from looking like they pushed Greece out
2. Greece and the rest of the Eurozone are further apart than ever
3. Capital controls are notoriously hard to unwind
4. The “no” vote protects the Eurozone’s politicians from looking like they pushed Greece out
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BRICS
Bank Officially Launches As Sun Sets On US Hegemony. S- by Tyler
Durden on 07/08/2015
The long-awaited BRICS bank has officially launched, marking
yet another milestone on the road to global de-dollarization and lending
further credence to the notion that the sun is finally setting on the
US-dominated multilateral institutions that have defined the post-war world and
served to underwrite six decades of dollar dominance.
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IMF
Slams Germany, Says Greece "Needs Debt Restructuring". Submitted
by Tyler Durden on 07/08/2015
IMF'S LAGARDE SAYS DEBT RESTRUCTURING NEEDED IN GREECE
IMF'S LAGARDE SAYS FUND REMAINS 'FULLY ENGAGED' WITH GREECE
IMF'S LAGARDE SAYS IMF CANNOT GIVE GREECE SPECIAL TREATMENT
IMF'S LAGARDE SAYS FUND REMAINS 'FULLY ENGAGED' WITH GREECE
IMF'S LAGARDE SAYS IMF CANNOT GIVE GREECE SPECIAL TREATMENT
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The
New American Dream: No Jobs For The Young, No Retirement For The Old. Submitted
by Tyler Durden on 07/08/2015
The reality is that financial insecurity is rising for
everyone...
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Submitted by Tyler
Durden on 07/08/2015 - 07:57
- Greece and China expose limits of 'whatever it takes' (Reuters)
- China no longer has a market: China Stock Sellers Frozen Out of 71% of Market (BBG)
- China’s Market Rescue Makes Matters Worse as Prices Lose Meaning (BBG)
- China Stocks Plunge as State Support Fails to Revive Confidence (BBG)
- China Market Rout Spreads From Stocks to Price of Pig Food (BBG)
- China’s State-Owned Firms Ordered Not to Cut Share Holdings (BBG)
- Greece Requests Three-Year Bailout in First Step Toward Meeting Creditors’ Demand (WSJ)
- Greece Faces Euro Exit Unless Demands Accepted by Sunday (BBG)
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WASHINGTON BLOG
Mark Anielski and Ellen Brown’s powerful 15-minute
response to an interview at the Seizing an Alternative conference
(and here, with videos here) with former World Bank economist Herman Daly and co-author John B. Cobb of For the Common Good (video
should start at 1:04:43):
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INFORMATION CLEARING HOUSE
The Financial
Attack on Greece: Where To From Here?
By Michael Hudson
By Michael Hudson
While pushing the world economy into a state of war
internationally, high finance also is waging a class war against labor – and
ultimately against governments and thus against democracy.
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War Without Mercy in Yemen. Towards the
End of Saudi Arabia?
By Sayed Hasan
By Sayed Hasan
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War Without Mercy in Yemen. Towards the
End of Saudi Arabia?
By Sayed Hasan
By Sayed Hasan
If Iran survives, it will be a miracle.
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Throughout History, Debt and War Have Been
Constant Partners
By Giles Fraser
By Giles Fraser
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Greece: The Pearl Cast Before Swine
By Israel Shamir
By Israel Shamir
A really decisive
government would leave the EU and NATO, turning the tables completely. Refusing
the bailout is good but not enough..
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Austerity Has Failed
By Thomas Piketty, Jeffrey Sachs, Heiner Flassbeck, Dani Rodrik and Simon Wren-Lewis
By Thomas Piketty, Jeffrey Sachs, Heiner Flassbeck, Dani Rodrik and Simon Wren-Lewis
Five leading
economists warn the German chancellor, “History will remember you for your
actions this week.”
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RT- SPUTNIK & LATEST SHOWS
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NOTICIAS EN ESPAÑOL
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Europa. Grecia dice no a la
troika. ¿Hacia dónde vamos a partir de aquí?
Por qué "No" significa "Sí" Michael Hudson
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PRESS TV
Obama:
I won’t accept weak Iran deal. Thu Jul 9, 2015 Obama says he
would not accept a weak nuclear deal with Iran amid pressure from Republicans
and Democrats in the Senate.
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‘Israel
main beneficiary of terrorism’. Wed Jul 8, 2015 A senior Iranian
diplomat says Israel is the main supporter and beneficiary of acts of terrorism
by the ISIL Takfiri terrorist group in the region.
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Colombia
FARC rebels announce truce. Wed Jul 8, 2015 Colombia’s FARC rebels
announce unilateral month-long truce.
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