13/05/2012

5.13.12 AEP: World edges closer to deflationary slump as money contracts in China

by John Galt May 13, 2012 19:300 ET   The warning I posted about the gold market signalling something bad was happening (see: Gold is Sending a Dire Economic Warning) in the world’s economy very prescient appears to have been validated to date by the data coming from Communist China. The deflationary warning signal precious metals and commodities are sending is unmistakable and in tonight’s commentary by Ambrose Evans-Pritchard, that clarion is screaming a deafening alarm:   World edges closer to deflationary slump as money contracts in China   This trend…


A Disturbing story from Greece: Half of Police Officers voted for Neo-Nazi Party

by John Galt May 13, 2012 17:00 ET   The headline from the Greek newspaper Tovima was disturbing enough:   One in two police officers voted “Golden Dawn”   The story itself though speaks volumes as to just how hardened law enforcement in Greece has turned against globalism and those wishing to impose the will of the European Union on their nation. This excerpt (translated using Google) spells trouble for the Mediterranean nation’s future should the next government wish to force the country to remain in and abide by the EU…


Signs of the End: Italian Military may be deployed to protect Tax Collectors

by John Galt May 13, 2012 14:40 ET   As nations and empires decline into economic chaos, one of the major signs of civilian defiance is a refusal to participate in the “normal” or above ground economy and to engage in open acts of defiance towards the tax authorities. The nation of Italy has made finding alternatives to paying some of the most oppressive taxation policies an art form. The defiance however, has been moderated by the European Central Bank’s insistence on usurping the democratic will of the citizenry and the…


Bahrain expected to announce Closer Political Union with Saudi Arabia

by John Galt May 13, 2012 11:30 ET   In a move which is designed to rebuff Iran militarily and the West economically, Bahrain is expected to announce a closer political union with Saudi Arabia during a summit of Gulf Cooperation Council (GCC) to be held in Riyadh tomorrow. The approach is expected to be part of a broader GCC initiative to develop a European Union type of political and financial union which will draw on the feelings of the people wishing to re-establish a greater Arab based Islamic caliphate. This…


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