By Greg Hunter’s USAWatchdog.com 
What is going on in the world today is both frightening and historic.  It is frightening because the amount of debt accumulated is orders of magnitude more than ever before.  It is historic because the way this finally shakes out will be considered a major turning point in modern history.  I see this, but most people in the world are either in denial, delusional or just a victim of disinformation by the mainstream media (MSM). 

By Greg Hunter’s USAWatchdog.com  
Will the people of Greece vote on the 130 billion euro bailout plan?  Not now, according to the Greek Prime Minister.  The people will be heard even if it comes to more intense protests in the streets.  For now, the sovereign debt crisis and worldwide financial meltdown are on hold, but not for long. 

By Greg Hunter’s USAWatcdhdog.com
The Prime Minister of Greece, George Papandreou, has called off a vote by the people of his country on whether to accept a 130 billion euro bailout and stay in the EU.  Earlier this week, the Prime Minister thought that would be a good idea and, today, not such a good idea.  People there are asking for his resignation.  There is talk that the Greek government could collapse.  Meanwhile, the G20 meeting in the South of France at Cannes is consumed by the EU debt crisis.  World …

By Greg Hunter’s USAWatchdog.com 
On Monday, I said at the end of my post, “I think someday we will “grow” our way out of the economic mess we are in but not before a very big fall.”  I didn’t think the fall would come the very next day–but it did.  Two monster nukes exploded on the financial landscape.  They are the surprise MF Global bankruptcy and the equally surprising Greek referendum on the second bailout package.  Kaboom and kaboom!!!  I see not one, but two giant mushroom clouds on the horizon, and …