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Greek Milk Costs More Than Anywhere Else In Europe As Suicide Rate Rises By 37% | ZeroHedge

That Greek suicide rates have exploded over the past two years is very much expected: after all, in order to preserve the sanctity of the failed monetary status quo, the Greek economy and its less than prosperous population have been sacrificed by the legacy elite and the wealthy.

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EndGameWatch
The Consolidation of the Elites over Earth's Remaining Resources. Watching the Tragedy of the Commons in Action.
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This Is The Biggest Problem Facing The World Today: 9 Countries Have Debt-To-GDP Over 300% | Zero Hedge

This Is The Biggest Problem Facing The World Today: 9 Countries Have Debt-To-GDP Over 300% | Zero Hedge | EndGameWatch | Scoop.it
This is the biggest problem facing the world today, namely that at least 9 countries have debt/GDP above 300%, and that a whopping 39% countries have debt-to-GDP of over 100%!
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Yemen’s collapse is a taste of things to come

Yemen’s collapse is a taste of things to come | EndGameWatch | Scoop.it
Yemen’s crisis serves as a grave warning for the looming risks to states in coming years and decades, not just in the region, but around the world
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The Empire Of Debt: This Is A Sign Of The End.

The Empire Of Debt: This Is A Sign Of The End. | EndGameWatch | Scoop.it
“It does not take a majority to prevail … but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men.” Samuel Adams, American revolutionary and leader of the ...
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Facts and Economic Science

Facts and Economic Science | EndGameWatch | Scoop.it
It is clear that economics is in chaos when there are significant disagreements about basic facts of economics. There is an abundance of statistical data presented by the media, but there are few a...
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The Great Nuclear Weapons Comeback | RealClearDefense

The Great Nuclear Weapons Comeback | RealClearDefense | EndGameWatch | Scoop.it
Concepts are long-lived in the world of strategy—so long-lived that we need to revisit them periodically to confirm that their meaning hasn’t shifted. Lately, I’ve started thinking...
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New York City Could See 6-Foot Sea Rise, Tripling of Heat Waves by 2100

New York City Could See 6-Foot Sea Rise, Tripling of Heat Waves by 2100 | EndGameWatch | Scoop.it
If left unconstrained, global warming could wreak havoc on the Big Apple
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Residents Of America's Food Stamp Capital Continue To Vote Against Their Self-Interests - YouTube

"In spite of the prevailing stereotypes and assumptions about who uses SNAP Food Stamp benefits the most in the United States, the highest usage is not in Co...
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Gwynne Dyer: Forget peak oil; we've reached peak everything | Georgia Straight

Gwynne Dyer: Forget peak oil; we've reached peak everything | Georgia Straight | EndGameWatch | Scoop.it
Peak oil is so last year. Now we can worry about peak everything: peak food, peak soil, peak fertilizer, even peak bees.
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Welcome to Earth: population 500 million – Linda Marsa – Aeon

Welcome to Earth: population 500 million – Linda Marsa – Aeon | EndGameWatch | Scoop.it
Climate change has done its worst, and now just 500 million humans remain on lifeboats in the north. How do they survive?
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The "Catastrophic Shutdown Of America's Supply Chain" Begins: Stunning Photos Of West Coast Port Congestion | Zero Hedge

The "Catastrophic Shutdown Of America's Supply Chain" Begins: Stunning Photos Of West Coast Port Congestion | Zero Hedge | EndGameWatch | Scoop.it
Leading news site for global finance, economics, market, and political analysis.
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We Live In An Era Of Dangerous Imbalances

We Live In An Era Of Dangerous Imbalances | EndGameWatch | Scoop.it
The intervention by the world's central banks has resulted in today's bizarro financial markets, where "bad news is good" because it may lead to more (sorry, moar) thin-air stim
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Male suicide rates in North East at highest rate in 25 years

Male suicide rates in North East at highest rate in 25 years | EndGameWatch | Scoop.it
Latest figures show total of 229 men in the North East took their own lives in 2013 - the highest rate since 1988
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RESOURCE CRISIS: Why have newspapers become so bad? There is a reason: another case of the "Seneca effect"

RESOURCE CRISIS: Why have newspapers become so bad? There is a reason: another case of the "Seneca effect" | EndGameWatch | Scoop.it

So, we have here a good illustration of the ubiquity of Seneca's observation that "the way to ruin is rapid", but also a different case than that of the exploitation of natural resources as - say - shale oil (which is, by the way, starting to show a very nice "Seneca Cliff"). Nevertheless, all human economic activities have to do with the exploitation of resources of some kind. In this case, the resource being exploited is the capital available for advertising.

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Anti-Fossil Fuel Movement Grows

Anti-Fossil Fuel Movement Grows | EndGameWatch | Scoop.it
In New York Governor Andrew Cuomo finally banned fracking indefinitely. With vast reserves of shale gas located in the Marcellus and Utica shales in large swathes
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How central banks have lost control of the world - Telegraph

How central banks have lost control of the world - Telegraph | EndGameWatch | Scoop.it
From engaging in 'competitive easing' to provoking international currency wars, have we finally reached the limit of what monetary policy can achieve? Click on the countries below to find out
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Limits to Growth was right. New research shows we're nearing collapse | Cathy Alexander and Graham Turner

Limits to Growth was right. New research shows we're nearing collapse | Cathy Alexander and Graham Turner | EndGameWatch | Scoop.it
Graham Turner and Cathy Alexander: Four decades after the book was published, Limit to Growth’s forecasts have been vindicated by new Australian research. Expect the early stages of global collapse to start appearing soon
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David Stockman: The Global Economy Has Entered The Crack-Up Phase

David Stockman: The Global Economy Has Entered The Crack-Up Phase | EndGameWatch | Scoop.it
Few people understand the global economy and its (mis)management better than David Stockman -- former director of the OMB under President Reagan, former US Representative, best-selling author of
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The Crash of 2015, Day 49: Hell to Pay

The Crash of 2015, Day 49: Hell to Pay | EndGameWatch | Scoop.it
I know, it’s old news. If I stop by on Monday and tell Oscar Oblivious that his house appears to be on fire, he is of course concerned.Read more....
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‘Pornography Is What the End of the World Looks Like’: Chris Hedges

‘Pornography Is What the End of the World Looks Like’: Chris Hedges | EndGameWatch | Scoop.it
“Fifty Shades of Grey” is part of a corporate capitalist onslaught that has seen women dehumanized, men desensitized, children damaged and violence and exploitation glorified.
- 2015/02/15
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We Live In An Era Of Dangerous Imbalances - YouTube

The intervention by the world's central banks has resulted in today's bizarro financial markets, where "bad news is good" because it may lead to more (sorry,...
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US bill would tax ‘currency manipulators’ - FT.com

US bill would tax ‘currency manipulators’ - FT.com | EndGameWatch | Scoop.it

Foreign products from places such as China and Japan will be subject to punitive US import taxes if their governments are found guilty of currency manipulation by Washington under legislation proposed on Tuesday.
The measures contained in bipartisan bills presented in both houses of Congress come amid an escalation in rhetoric in Washington surrounding recent foreign exchange swings fed by concerns over the impact on American competitiveness and the US recovery of a rising dollar.

“Few actions by foreign governments do more to disrupt free and fair trade and to harm US job growth than currency manipulation,” said Sander Levin, the veteran Democrat from Michigan leading the push in the lower House of Representatives. “Currency manipulation has had a major impact on millions of American middle class jobs. We are sending an unequivocal message today that action is needed to rein in this abuse.”

A majority of both houses of Congress have called for the US to introduce binding currency provisions into trade agreements being negotiated by Washington including the Trans-Pacific Partnership with Japan and 10 other countries nearing completion.
But that push, backed heavily by the US auto industry, has been resisted by the White House and the US Treasury in particular that insists that forums such as the G20 and institutions such as the International Monetary Fund are better suited to deal with currency matters than trade agreements.

What chance the proposed legislation has of becoming law is unclear. A majority of members of both houses in Congress have called for the inclusion of provisions to deter currency manipulation in US trade agreements. But the administration has resisted those calls as well as previous bids to use import taxes to fight currency manipulation.

Jack Lew, the US Treasury secretary, raised US concerns about currency manipulation with his G20 counterparts in meetings in Istanbul on Monday and Tuesday. Mr Lew had “strongly emphasised . . . that we are highly focused on ensuring that US workers and firms play on a level playing field and no country should use their exchange rate to increase exports,” Reuters quoted a US official as saying.

If passed by Congress and signed by President Barack Obama, the legislation introduced on Tuesday would allow US industries to lobby Washington to impose countervailing duties on goods from countries that met tests for currency manipulation. Similar legislation passed the House of Representatives in 2010 and the Senate in 2011 though it has never been made it into law.

However, Mr Levin, a genial veteran of Congress who has spent decades fighting against alleged currency manipulation by countries such as Japan on behalf of the US auto industry, said the proposed measures would only apply to direct intervention in currency markets by governments.
They would explicitly not apply to any currency swings linked to central bank’s decisions on monetary policy, raising questions about just how relevant the proposed legislation would be today.
The recent surge in the dollar and declines in currencies such as the euro and the yen have been attributed largely to the introduction of unorthodox monetary measures by central banks. The US faced its own accusations of feeding a “currency war” in the wake of the 2008 global financial crisis as a result of the Federal Reserve’s massive quantitative easing programme.
The recent moves by some central banks, aimed largely at stimulating domestic growth, have been explicitly cheered by some governments eager to see their currencies weaken to benefit exporters.

Matteo Renzi, Italy’s prime minister, said last month that he dreamt of “parity” between the US dollar and the euro and the benefits it would provide to Italian exporters.
Fred Bergsten, the former head of the Peterson Institute and a longstanding proponent of more aggressive US currency policy, said the US legislation would probably not apply to any countries today.
But he said past intervention in foreign exchange markets by China and Japan to weaken their currencies was no different than other forms of export subsidies now subject to countervailing duties and ought to be targeted more forcefully by the US.
“Right at the moment it is not clear whether any of the traditional manipulators would be indicted under these rules,” Mr Bergsten told reporters during a conference call with Mr Levin to introduce the legislation. However, he added: “We know [currency manipulation] will come back. It always comes back.”

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Man Who Predicted Collapse Of Euro Against Swiss Franc Warns Current Global Financial System Will Cease To Exist - King World News

Man Who Predicted Collapse Of Euro Against Swiss Franc Warns Current Global Financial System Will Cease To Exist - King World News | EndGameWatch | Scoop.it
Today the man who 73 days ago remarkably predicted the collapse of the euro against the Swiss franc stunned King World News when he said that the current global financial system will cease to exist. This interview takes a frightening look what is really happening around the world and the chaos that is still to come.
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