“Get Prepared” For The Chaos To Come, Snyder Fears Global Financial Bear Market Looms

Authored by Michael Snyder via The Economic Collapse blog, We haven’t seen carnage like this in the global financial marketplace in quite some time.  On Wednesday, U.S. stocks were down some, but things were much, much worse around the rest of the world.  Global banking…

Another Problem Emerges For Elon Musk

While it has yet to be seen if the SEC will crack down on Elon Musk, and whether the Tesla CEO can round up enough investors (which he allegedly already has a commitment letter from over a week ago) to participating in his going private…

Yemen Bus Attack Should Be Point of No Return

Expand People are seen near a bus destroyed by an airstrike that killed dozens of children, on August 12, 2018 in Saada, Yemen. © 2018 Mohammed Hamoud/Getty Images Investigating the terrible toll that the war in Yemen is inflicting on civilians has become, sadly, a…

Iran’s Judiciary Threatens Executions for Economic ‘Crimes’

Expand Iran’s national flags are seen on a square in Tehran February 10, 2012. © 2012 Reuters Iran’s senior officials are attempting to head off a looming economic crisis – triggered by the return of US sanctions – with threats of new rights-abusing policies. Tehran’s…

Yuan Rebounds As PBOC Pressures Banks To “Avoid Herd Behavior”

Is China starting to panic? Having seen their initial attempt at stabilization of the offshore yuan fail, it appears PBOC has resorted to direct influence, reportedly telling some banks on Monday that they should make efforts to prevent ‘herd behavior’ and momentum-chasing moves when trading…

Saudis Apologize To Canada For 9/11-Style “Attack” Tweet

The last 24 hours or so have seen Saudi officials escalate their retaliation against Canada, suspending diplomatic ties and halting new trade dealings following comments by Canadian Foreign Minister Chrystia Freeland criticizing the kingdom for arrests of women’s rights activists. Canada said it was ‘gravely concerned’ over…

France Approves Flawed Asylum and Immigration Law

Expand Tents are seen at a makeshift migrant camp on a street near the metro stations of Jaures and Stalingrad in Paris, France, October 28, 2016 © 2016 Reuters In France, asylum seekers are sleeping rough, and flawed procedures often leave unaccompanied migrant children adrift,…

Super-Rich Now Spend Up To $23 Million For Second Passport

Citizenship-by-Investment programs (CIPs) allows the super-rich a new nationality and an alternative or second passport, often seen as an indicator of economic or social status. CIPs enable wealthy individuals to invest in a country in exchange for citizenship. Common forms of direct investment include an enterprise project,…

Water is a Human Right – in Flint, in Michigan, and the US

Expand The top of a water tower is seen at the Flint Water Plant in Flint, Michigan January 13, 2016. © 2016 Reuters Choices by Flint and Michigan’s government officials led to massive contamination of drinking water – some tests showed water had more than…