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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
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Here comes a Franco-German Bloc: Sarkozy Calls For 'Refounding' Of Europe

Here comes a Franco-German Bloc: Sarkozy Calls For 'Refounding' Of Europe | Countdown to Financial Armageddon | Scoop.it

French President Nicolas Sarkozy has called for greater integration between France and Germany to save the euro, including changing the terms of the 1999 Maastricht Treaty.

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Greek referendum is coin-flip on euro exit

Greek referendum is coin-flip on euro exit | Countdown to Financial Armageddon | Scoop.it

If Greeks reject the 50% controlled default on the debts they owe to the banking sector, then the arithmetic I revealed on Newsnight on the eve of the Euro summit comes into play - without a 50% haircut, and a further 130bn euro bailout, on top of 110bn, Greek debt spirals out of control and the country goes bust.

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Occupy Wall Street: Egyptian Activist Goes 'From Liberation Square To Washington Square' (VIDEO)

Occupy Wall Street: Egyptian Activist Goes 'From Liberation Square To Washington Square' (VIDEO) | Countdown to Financial Armageddon | Scoop.it

Thousands of Occupy Wall Street supporters gathered in Washington Square Park on Saturday afternoon for a General Assembly intended to spread the movement's message.

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‘Occupy Wall Street’ Evokes Vietnam-Era Protests Says NY Mayor Bloomberg

‘Occupy Wall Street’ Evokes Vietnam-Era Protests Says NY Mayor Bloomberg | Countdown to Financial Armageddon | Scoop.it

The simmering discontent that has provoked the Occupy Wall Street protests has prompted numerous historical comparisons. Some are calling the movement a liberal version of the Tea Party. Others see a repeat of the 1930s populism that accompanied the New Deal.

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Here comes the cavalry! Fed saves Europe's banks as ECB stands pat

Here comes the cavalry! Fed saves Europe's banks as ECB stands pat | Countdown to Financial Armageddon | Scoop.it

The Eurozone's banking and sovereign debt crisis  has become so dangerous for the world that the US Federal Reserve has been forced to take emergency action, acting as global lender of last resort to shore up Europe's banking system.

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'There's something happenin' here, what it is ain't exactly clear' Occupy San Diego, Day 1

'There's something happenin' here, what it is ain't exactly clear' Occupy San Diego, Day 1 | Countdown to Financial Armageddon | Scoop.it

From East Coast to West ... yes, it's where all the liberals live (allegedly), but will this nonviolent protest spread to the rump of the US?

 

It’s been a long, short week, if that makes any sense at all… I haven’t slept much in the last few days, the wheels in my head have been spinning constantly, a mantra in the near reaches of my conscious...

Via Nate Anton
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Euro Crisis Talks: Sarkozy says plan will be ready by end of October

Euro Crisis Talks: Sarkozy says plan will be ready by end of October | Countdown to Financial Armageddon | Scoop.it

The German and French leaders say they will propose "important changes" to the way the eurozone operates after talks on controlling the bloc's debt crisis.

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Occupy Wall Street Protest - A Video Montage

Not sure about the soundtrack, but some arresting images from the Occupy Wall Street demonstrrations

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