"The United States’ prized top AAA credit rating has been cut for the first time ever. Standard & Poor’s has dropped America’s ranking to AA+. The destructive force is the crippling debt which Congress has struggled to agree on how to tackle, with only an 11th-hour deal to raise the amount allowed. S&P says that’s not enough - and falls far short of what’s needed to stabilize the government’s runaway borrowing. But the Obama administration says the analysis is way off, and will damage any recovery."
"In the past week alone 2.5 trillion dollars have been wiped off the value of global stocks.
That is why world leaders and policy makers have been scrambling over the weekend, trying to find a way out of the turmoil on the international markets caused by the debt crises in Europe and the United States."
"Conflicting and confused messages from Europe’s policy makers have raised concerns that next week may worsen the eurozone debt crisis.
Fresh worries over Europe’s bailout mechanisms this week hastened fears of another recession and saw stocks suffer their heaviest losses since 2008."
"European finance ministers have expressed confidence in the US economy, in spite of the country’s credit rating being downgraded for the first time in history.
However, China - which holds the vast majority of US debt - is far from happy.
Leaders there have criticised what they called Washington’s "addiction" to debt. "
Bankers Rule: City of London vs. Scottish Independence 2014 09 17
Now that the independence referendum is too close to call, the bankers express their worry. The media blitz ramps up to tip the outcome. Scottish independence has finally rattled the City of London has the usual banksters forecasting the dislocations from a currency panic.
Scotland has a long and noteworthy history of banking. Money, savings and investing is entrenched in the ...
French separatists want Scots to say "yes" 2014 09 17
Separatist leaders in Brittany, Corsica and the French Basque Country will watch with interest as Scotland votes on independence next week, but they don’t expect France to follow the UK’s lead any time soon.
Pro-independence activists point to the fact they have their own languages and cultural identities. France, however, remains a deeply centralized country and any talk of a negotiated ...
Devil’s Deal: US-Backed Syrian Rebels Already Signed Pact with ISIS Prior to Haines Beheading 2014 09 17
While Washington considers appropriating half a billion in funds to the Syrian rebels, we now learn that opposition groups the Free Syrian Army (FSA) and al Qaeda affiliate ‘al Nusra Front’, have officially aligned themselves with ISIS…
Despite grand words by US President Obama and British PM David Cameron, here’s what’s really behind their plan to bomb ISIS in Syria…
In a ...
World War III for Dummies 2014 09 16 A Step-by-Step Guide to Understanding the Present World Situation.
1998 - 2000
Powerful elites and influential think tanks forecast a coming period of American aggression. Zbigniew Brzezinski speaks for the Globalist faction of the western PRC (Predatory Ruling Class) in ’The Grand Chessboard’, a book in which he openly advocates for bolder American action in dominating the Eurasian land mass.
During this ...