by Mish Shedlock, Mish Talk:
Bloomberg writer Danielle DiMartino Booth says the Pension Crisis Too Big for Markets to Ignore.
But I have a question: If the problem is too big to be ignored, why is nearly everyone complacent?
Only a handful of sites including MishTalk, ZeroHedge, and Jack Dean at Pension Tsunami […]
The country’s limited capacities to host people are already on the brink of collapse
Greece will cease taking back refugees under the controversial Dublin Regulation, as the country’s limited capacities to host people are already on the brink of collapse, the Greek migration minister announced in an interview.
RT reports that as […]
from The Money GPS:
by Claire Bernish, Activist Post:
Over a mere two decades, the Pentagon lost track of a mind-numbing $10 trillion — that’s trillion, with a fat, taxpayer-funded “T” — and no one, not even the Department of Defense, knows where it went or on what it was spent.
Even though audits of all federal agencies […]
by Jim Quinn, The Burning Platform:
“The fall of Empire, gentlemen, is a massive thing, however, and not easily fought. It is dictated by a rising bureaucracy, a receding initiative, a freezing of caste, a damming of curiosity—a hundred other factors. It has been going on, as I have said, for centuries, and it […]
by Wolf Richter, Wolf Street:
Ballooning Condo Glut ensnares preconstruction speculators.
Miami-Dade’s spectacular condo flipping mania is in turmoil, with sales plunging, inventory-for-sale soaring, and new supply flooding the market. It’s not like Miami hasn’t been through this before.
In February, existing home sales of all types fell 10% year-over-year, to 1,835 homes. These […]
by Michael Snyder, The Economic Collapse Blog:
Why are so many people suddenly moving away from major U.S. cities? Recently, I wrote about the mass exodus that is happening out of the state of California, but the truth is that what is happening there is just part of a national phenomenon. The populations of […]
RELATED: Chicago has more retired police and firefighters than working ones
by Mark Glennon, Wirepoints:
Could a formal bankruptcy proceeding for the State of Illinois be the answer to it’s fiscal crisis? If you think that’s out of the question, as many do, you’re wrong. On the contrary, though Congress isn’t working on it […]
by Mac Slavo, SHTF Plan:
Ultimately, no one can stop what is coming.
The haves and have nots of the next, gritty era of aftermath will be those who have the means to survive when the system has failed, and those who do not.
For the wealthy, and prepper minded elite, hidden fortified layers […]
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