Latest Posts
2008 Meltdown Revisited-There’s No Solution-Egon von Greyerz
By Greg Hunter’s USAWatchdog.com
Gold and financial expert, Egon von Greyerz, says buckle your seat belts–a replay of the 2008 financial crisis will “soon return.” Greyerz contends, “What happened in 2008 was expected by us for quite a long time. The solution of $25 trillion to save banks and financial markets was not a solution. (more…)
U.S. Economy-Plunge, Stagnation & Turning Down Anew-John Williams
By Greg Hunter’s USAWatchdog.com
Economist John Williams says to forget about the so-called recovery. What’s coming next is recession or worse. Williams contends, “The fact that we saw a -2.9% contraction in the first quarter, in official reporting . . . you know the economy is in real bad shape. It’s continued to the second quarter, and that will gain recognition as all the data gets published.” (more…)
Weekly News Wrap-Up 7.11.14
By Greg Hunter’s USAWatchdog.com
I warned last week about the kidnapping and murder of three Israelis and revenge killing of a Palestinian teen sparking violence in Israel. My fear is now been confirmed with Hamas rocket attacks on various targets in Israel. Israel is making counter attacks that have claimed the lives of dozens in Gaza. (more…)
Islamic State-Loose Artillery Shell on the Deck of the Ship of History-James Howard Kunstler
By Greg Hunter’s USAWatchdog.com
Veteran journalist and author, James Howard Kunstler, is worried about the violence heating up in the Middle East–especially Saudi Arabia. Kunstler says, “Saudi Arabia is between a rock and a hard place, or should I say Iraq and a hard place. Both sides that are now contending in Iraq, the Shiite and the Islamic State or caliphate, are both not friendly with Saudi Arabia. (more…)
Money Bubble Will Pop-John Rubino
By Greg Hunter’s USAWatchdog.com
John Rubino, author of the new book “The Money Bubble,” can sum up the ongoing global financial problems in a single phrase: “There is too much debt.” Rubino goes on to say, “Debt works the same way for a country as it works for an individual or a family, which is to say if you borrow too much, then your life basically craters. Everything gets harder to do, and you end up doing things in order to deal with your past mistakes that you would never do normally. You start trying absolutely crazy things, and that’s where the world’s governments are right now. . . . (more…)
Weekly News Wrap-Up 7.4.14
By Greg Hunter’s USAWatchdog.com
Happy Fourth of July weekend everyone! Well, the fireworks went off all over the place, and I am talking about real war. The al-Qaeda linked terror army operating in Syria and Iraq, called ISIS or ISIL, has declared a new Islamic State. It covers land taken by them in recent fighting and is comprised of parts of Eastern Syria and Western Iraq. Now, the Russians are sending fighter jets to Iraq and are teaming up with Iran to protect what’s left of Iraq. (more…)
Official 2014 IMF Forecast Based on ‘Magic Number Seven’-Steve Quayle
By Greg Hunter’s USAWatchdog.com
Radio talk show veteran and 10 time published author, Steve Quayle, says dark powers are at work in the financial markets at the highest levels of global government. Quayle contends, “First of all, the illuminati and the occult are one in the same with hidden meanings to the general population, but announcements to people on the inside.” At the beginning of 2014, the head of the International Monetary Fund (IMF), Christine Lagarde, gave a primer on numerology to an audience at the National Press Club in Washington, D.C. (more…)
Iraq Crisis-$150 to $200 Oil Might Seem Cheap-Chris Martenson
By Greg Hunter’s USAWatchdog.com
Chris Martenson is an economic researcher and futurist who produced a popular video seminar called “Crash Course.” Back in early 2008, he explained the “interconnected forces in the economy, energy and the environment.” Now, he has produced a new “Accelerated Crash Course,” and this theme is playing out in places like Iraq. Martenson says, “If you want to understand what is going on in Iraq, you have to understand what is going on with energy in this part of the game. (more…)
Weekly News Wrap-Up 6.27.14
By Greg Hunter’s USAWatchdog.com
Iraq is the top story, and the crisis there is boiling over. At its core, this is a religious war between the Sunni and Shia Muslims. One big problem–the U.S. has armed and supported both sides. We have sent military advisors to help the Shia majority government that is being helped by Iran. ISIS was armed in part by the U.S. in Syria; and, now, the Obama Administration is asking Congress for $500 million to aid the so-called rebels in Syria. (more…)
Iraq About US Dollar, Hyperinflation Trouble in 2015-Gordon Long
By Greg Hunter’s USAWatchdog.com
Macroeconomist Gordon Long says, “We’re not really running a capitalist system. We are running a credit system. Instead of using savings, we are using credit. Credit, the way we are doing it now, is really a form of counterfeiting. If you look at the $72 trillion shadow banking system that we have operating right now, that is generating this credit . . . it collapsed in 2008 . . . and now it’s on a hairy edge. (more…)
Corporate Empire Created Failed Global Economic System-John Perkins
By Greg Hunter’s USAWatchdog.com
John Perkins, best-selling author of “Confessions of an Economic Hit Man,” says corporations, not governments, run the world. Perkins explains, “We are in a world situation unlike anybody has ever known before. We have a global corporate empire. It’s a corporate empire and not a United States empire. It’s the first time in history it’s really not a national empire. (more…)
Weekly News Wrap-Up 6.20.14
By Greg Hunter’s USAWatchdog.com
President Obama is sending 300 military advisors to Iraq. This is the ultimate lose-lose scenario. Remember I told you Iran was already there, and the U.S. would be helping Iran defend Iraq. Well, it’s happening. Obama does not want to attack the ISIS or ISIL forces that have come down from Syria, and he does not want the Iranians to defend Iraq and gain influence. (more…)
Dollar Ready to Die, We are Losing our Country-Jim Willie
By Greg Hunter’s USAWatchdog.com
Financial newsletter writer, Dr. Jim Willie, says, “The dollar is ready to die . . . I think the funeral march starts this year. I have been saying the year is not going to close out the way it started.” (more…)
Dastardly War Will Prop Up Failing System-Gregory Mannarino
By Greg Hunter’s USAWatchdog.com
Financial analyst and trader, Gregory Mannarino says the new Iraq crisis is no accident. Mannarino says, “They are letting this happen on purpose. . . . We have an economy that needs to borrow cash into existence. It is built upon the acquisition of debt–period. This cash needs to be borrowed into existence and then dispersed. They don’t even care where it goes. If this mechanism becomes impeded in any way, the whole thing will collapse. We do not have a wealth based economic model. We have a debt based economic model. (more…)
Weekly News Wrap-Up 6.13.14
By Greg Hunter’s USAWatchdog.com
Remember how I have been pointing out repeatedly that the U.S. was arming al-Qaeda linked terrorists in places like Libya and Syria? Remember how I have been telling you it’s a very bad idea to arm terrorists to do your bidding? (more…)