Prominent economist Yukio Noguchi is one of the few who correctly predicted the collapse of Japan's bubble economy in 1987, warning the preceding euphoria was based on a major distortion in land prices. Now the doomsday prophet is making another terrifying prediction: Japan is likely to be devastated by a snowballing public debt that will bankrupt its government and trigger catastrophic hyperinflation.  "There is little hope," Noguchi sai...

Prije neki dan, nepoznati je vatreni navijač Košarkaškog Kluba Zadar ispred dvorane na Višnjiku navijačkim šalom prekrio oči kipu Krešimira Ćosića, legende hrvatske košarke kako ne bi gledao veliku sramotu koja se aktualno dešava u zadaskom klubu.Zadarski gradonačelnik Zvonimir Vrančić je u srijedu obznanio da je KK Zadar pred bankrotom, situacija je alarmantna, klub duguje otprilike 40 ...

Njemački izvoz oružja se više nego udvostručio u posljednjih pet godina, navodi se u novom izvješću, čime je zemlja dospjela na 3 mjesto rang liste najvećih izvoznika oružja u svijetu, odmah iza Sjedinjenih Američkih Država i Rusije. Oporba u Berlinu zahtjeva veći nadzor. Kada je riječ o izvozu oružja, malo njih će iznenaditi da je SAD na vrhu popisa. Kupnja američkog oružja čini 30 posto globalne potrošnje...

Goldman Sachs Derivative Liability = 33,823% Of Assets!I have spoken at length here about the insidiousness of derivatives and Credit Default Swaps. So this new statistical reference frankly awed me. It is from a Levy paper on the recent shift over the last 50 years to a shadow banking system, that has largely replaced bank balance sheet lending with Money Managers. As I read this paper, while I am also reading ‘This Time is Different &n...

Easy Rider, 1969 godina. Dennis Hopper, Peter Fonda i Jack Nicholson. Kontra-tendencije i želja za bjekstvom i slobodom od bolesnog građanskog društva.Priroda, noć, parkirani motori, vatra i dijalog između bajkera: "Ovo je nekada bila vraški dobra zemlja. Ne razumijem što se to događa. Čovječe, svi su se usrali, to se dogodilo... ne možemo ući ni u drugorazredni hotel... mislim, drugorazredni motel, kužiš,...

Financial markets are gripped by the role derivatives have played in Greece's debt crisis, but Italy also has a derivatives time bomb, and hundreds of cities are in the €24-billion blast zone. Many local governments eager to cut financing costs for years rushed to sign up for complex derivatives contracts, even when the terms were in English. But some cities, facing big losses when interest rates go up, are now trying to pull out of ...

Christmas Eve 2009 was a time to wrap gifts for loved-ones. That's how the Obama Administration felt about the financial industry when it lifted all caps in emergency bailout money to Fannie Mae and Freddie Mac. That means the taxpayer was on the hook for all losses at these two mortgage giants no matter how large the losses.The move caused a slight stir, but never got the attention of the American public because the announcement was timed to ...

Ovako se izrazio Carrol Quigley ranih 1960-ih: "Moćnici financijskog kapitalizma imaju jedan dugoročan cilj, ništa manje nego stvoriti svjetski sustav financijske kontrole u privatnim rukama koji bi bio stanju dominirati političkim sustavom svake države i globalnom ekonomijom u cjelini. Ovim sustavom kao u feudalnom dobu upravljaju svjetske središnje banke zajedničkim djelovanjem kroz tajne sporazume, česte privatne s...

The Treasury Department is vigorously opposed to a House-passed measure that would open the Federal Reserve to an audit by the Government Accountability Office (GAO), a senior Treasury official said Monday. The ongoing troubles at the GSEs are no secret: it is public knowledge that Fannie had a 5.38% delinquency rate at December, while Freddie just passed the 4% threshold in January; both continue to rise rapidly each month. The fact ...

Oni koji traže dobre vijesti ih mogu naći na Islandu. Međutim, dobre vijesti za Island su ujedno i loše vijesti za Veliku Britaniju i Nizozemsku. Nekih 93,1 posto islandskih građana je na referendumu glasovalo protiv sporazuma s bankama, masivno "Ne" je zasigurno jasan signal javnog gnjeva.  Islanđani su bili pozvani glasovati o tome treba li zemlja sklopljenim sporazumom isplatiti Engleskoj i Holandiji 5,3 milijardi dolara. T...

The banks that control the world’s supply of money are no better than counterfeiters – and their system of juggling debt has left the global economy teetering on the brink of ruin.Daily Telegraph, 20 Feb 2010 By Darius Guppy  In 1994, there resided in the cell next to mine a certain “Tommy”. He had been imprisoned for counterfeiting Dutch Guilders to such a high standard that he had fooled the banks themse...

[video:http://www.youtube.com/watch?v=FXUiwGKzHTY 425x344] Intervju je snimljen 25 Veljače 2010, zahvaljujemo se novinarskoj ekipi i televizijskoj kući Nova TV što su nam omogućili da i na ovaj način širu javnost upoznamo s našim projektom alternativne valute.Ljudi svijeta su se masovno počeli buditi, shvatili su da nešto u samom temelju ne štima s cijelim lancem događaja kojima smo dovedeni u ovu ...

[video:http://www.youtube.com/watch?v=8XRFII9AiQc 425x344] [video:http://www.youtube.com/watch?v=3WRsLXOTtt0 425x344] The world now faces a stark choice between two alternatives, with Wall Street forcing the issue.The first is that the zombie banks and hedge funds, having been saved and bailed out by national states and their taxpayers, will repay the favor by driving the national states and all forms of state, provincial, and local ...

March 3 (Bloomberg) -- House Financial Services Committee Chairman Barney Frank asked Federal Reserve Chairman Ben S. Bernanke to investigate allegations of Fed involvement in the Watergate scandal and Iraqi weapons purchases in the 1970s and 1980s. Representative Ron Paul asked questions about “inappropriate political interference” and “hidden transfers of resources” during a Feb. 24 hearing with Bernanke...

  The cover of the German weekly Focus—with the title "Fraudsters Inside the Euro Family" next to an image of a Greek statue of the Venus de Milo making an obscene gesture—echoes the popular sentiment in Germany that Greece got itself into fiscal trouble with creative budget accounting. Polls show nearly two-thirds of Germans are staunchly opposed to joining in a bailout.

The head of Germany's debt agency has warned that Greek withdrawal from the euro would have calamitous effects and destroy Europe's monetary union."If one member of the eurozone were to step out for any reason, this would be a collapse of the entire system," said Carl Heinz Daube, director of the Finanzagentur. "It would mean that after ten years, the euro experiment has ended." Farage Attacks Bilderberg EU President As "Quiet Assassin" O...

And with that Japan joins the competitive devaluation currency race, in which both the SNB and Federal Reserve have a substantial head start (the euro and the fat Brussels bureaucrats are in a ouzo daze, with no clue what the hell is going on). Speaking before lawmakers BOJ governor Masaaki Shirakawa, who recently said Japan was powerless to fight deflation on its own, has changed his tune, and today said that Japan will print the kitche...

In a speech before the UK Treasury Select Committee the Chairman of Goldman Sachs Bank, Gerald Corrigan, who also happens to be a former New York Fed President noted that it is not Goldman who is at fault in the whole Greek swap fiasco but Eurostat, "which was consulted on the transaction at the time it was entered into and which offered no objection." What is troubling is Corrigan's revelation that "Goldman Sachs was by no means the only bank...

Charlie Munger, Warren Buffett’s longtime business partner in Berkshire Hathaway, warns in a new column that the U.S. economic empire is crumbling before our eyes, thanks to federal debt and poor planning. In an article penned for Slate.com, Munger uses the form of a parable to explain how Wall Street’s love affair with gambling has destroyed America’s Main Street. The article leads with this headline: “Basica...

Leading scientists in Britain and America have warned that recent controversies over research into climate change are damaging the public's faith in science."There has been a widespread deterioration in the public's attitude to science not only in the US but in many other countries in the past three months," Cicerone told the annual meeting of the American Association for the Advancement of Science (AAAS) in San Diego. "As to how long it will ...

"Znate šta? Sve to uopće nije bitno. Ništa od ovog takozvanog novca zaista uopće nije od nikakvog značaja. Sve je to samo iluzija", dodao je Guverner Federalnih Rezervi Ben Bernanke vadeći novčanice iz svog novčanika i mašući njima ispred očiju svih onih koji su se nalazili blizu njega. "Samo ih pogledajte, besmisleni papirići s odštampanim brojevima po sebi. Bezvrijedni".  Prema riječima svjedoka, č...

"You know what? It doesn't matter. None of this—this so-called 'money'—really matters at all. It's just an illusion," a wide-eyed Federal Reserve chairman Ben Bernanke added as he removed bills from his wallet and slowly spread them out before him. "Just look at it: Meaningless pieces of paper with numbers printed on them. Worthless." According to witnesses, Finance Committee members sat in thunderstruck silence for several moments...

Come costruire un mondo migliore, o almeno creare una alternativa reale alla situazione attuale? Semplicemente, con una idea migliore di quella esistente. Qualche giorno fa, esattamente il 20 Gennaio 2010, l'idea di creare un' alternativa alla realtà nella quale viviamo è stata concretizzata con l'iscrizione dell'Associazione Crom Scambio Alternativo nel Registro delle associazioni della Repubblica di Croazia con il numero 180020...

Svijet naravno oficijalno izlazi iz krize, ali što nam je bolje, to nas više ostaje bez posla, a nakon bankrota kompanija, evo stižu bankroti gradova, regija  i država. Vjerovatno ste čuli za ono što se desilo u Grčkoj, vjerovatno i budno pratite razvoj događaja.Izranjanjem malverzacija kojima je Grčka uz pomoć velikih banaka poput Goldman Sachs kroz financijske instrumente derivate malo postponirala oficijalno...

Dollar-denominated risk assets, including asset-backed securities and corporates, are no longer wanted at the State Administration of Foreign Exchange (SAFE), nor at China’s large commercial banks. The Chinese government has ordered its reserve managers to divest itself of riskier securities and hold only Treasuries and US agency debt with an implicit or explicit government guarantee. This already has been communicated to American securi...

Zajednica je grupa ljudi koji zajedno djeluju na zadovoljavanju zajedničkih potreba. Postoji puno oblika ljudskih zajednica. Esencijalne karakteristike zajednica su običaji i angažman na ispunjavanju različitih potreba mnogih kroz zajedničko planiranje i odlučivanje.  Zajednice ne moraju nužno biti samo male grupe ljudi, mogu se osnovati zajednice gradova i država, a danas su česte i online virtualne zajednice na internetu.  ...

Agenti britanske obavještajne službe MI5 su otkrili da su se muslimanski doktori obučeni u nekim od vodećih britanskih bolnica vratili u svoje zemlje da bi kirurškim zahvatima sise punili eksplozivnim implantatima. Samoubojicama ženskog spola koje je regrutovala Al-CIAda su tehnikama sličnim onima za podizanje dojki umetnuti eksplozivi u tijela. Bombastične orgije zagarantirane!U istrazi o ratu u Iraku, Clare Short tvrdi da...

 [video:http://www.youtube.com/watch?v=lDJc0PZV-Bk 425x344] TARP Bailout: FED Gave Banks Access To 23.7 Trillion Dollars Not $700 Billion!  

How to build a better world, or at least create a real alternative to the current situation? Simply, with a better idea then existing one. Two-three days ago, the Crom Alternative Exchange Association is registered in the Register of Associations of Republic of Croatia.Our idea of a better tomorrow made the first steps toward a different future, the one which we all dream about. In this context we address to every person, company, organization...

U jednoj od najvećih akcija skupljanja humanitarne pomoći koju je povijest ikad vidjela, poziva nas se da moramo obnoviti Haiti, zemlju uništenu prirodnom katastrofom.  Uporno nam ponavljaju da se radi o jednoj od najsiromašnijih zemalja u svijetu, ali nam ne objašnjavaju uzroke te ekonomske katastrofe koja već desetljećima devastira ovaj prekrasan dio zemaljske kugle. Ostavljaju nas u uvjerenju da je to siroma&sc...