By John Galt October 2, 2011 – 20:15 ET For the NIKKEI 225 to open that ugly, down 2.01% or 174, that’s an uh-oh… But for copper to crater and the Australian ASX to open down 2%, just wow: Does this mean the 4th Quarter will be as ugly as I think it will be? Stay tuned. It’s getting interesting….
By John Galt October 2, 2011 – 16:00 ET For a mainstream media commentator, Ambrose Evans-Pritchard hits a home run with his entry in this evening’s UK Telegraph: Protectionism beckons as leaders push world into Depression No further commentary is necessary beyond that this is a must read because the currency wars initiated by the fiat money masters at the Fed and ECB will guarantee a world wide trade war wrought with the risk of initiating actual military conflicts beyond the jabbering and jawboning of historically ignorant political elites. Got preps?
By John Galt October 2, 2011 – 09:30 ET As the dictator of New York City has long fantasized about implementing, Denmark moves ahead of the world as the outgoing government implements the world’s first fat tax. From AFP via Gulf News: Denmark levies world’s first fat tax I kid you not. If you think the war on your freedoms, your “choices” as they are so fond of saying, and your wallet is over with, think again. Penalizing citizens for engaging in acts of free choice to eat responsibly or…