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European Bank CEO Admits: "The Whole Thing Is Doomed"

As the European parliament attempts to create a budget and Draghi repeats how the temporary lull in European growth is merely a prelude to a growth renaissance in the second half of the year (not to be confused with the verbatim lie rehashed by...
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Lars Seier Christensen, co-chief executive officer of Danish bank Saxo Bank A/S, said the euro’s recent rally is illusory and the shared currency is set to fail because the continent hasn’t supported it with a fiscal union.

 

“The whole thing is doomed,” Christensen said yesterday in an interview at the bank’s Dubai office. “Right now we’re in one of those fake solutions where people think that the problem is contained or being addressed, which it isn’t at all.”

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The Consolidation of the Elites over Earth's Remaining Resources. Watching the Tragedy of the Commons in Action.
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Sir Tony Atkinson on Inequality - YouTube

RSA Spotlights – taking you straight to the heart of the event, highlighting our favourite moments and key talking points. Inequality is seen as threatening ...
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Chimeras: Of his return: a Roman patrician tells of how he lived the collapse of the empire.

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When You Kill Ten Million Africans You Aren't Called 'Hitler'

When You Kill Ten Million Africans You Aren't Called 'Hitler' | EndGameWatch | Scoop.it
Take a look at this picture. Do you know who it is? Most people haven’t heard of him.
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'The Water Knife' Pictures a Drought-Ravaged Future That Cuts Too Close to Home

And it has a lot to teach us about the present.
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Good Luck Getting Your Money Out | Zero Hedge

In simple terms, if the system is ever under duress again, money market funds can lock in capital (meaning you can’t get your money out) for up to 10 days. This is just the start of a much larger strategy by the Fed to declare War on Cash.  
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In Denial: We Pursue Endless Growth At Our Peril

As we've been discussing of late here at PeakProsperity.com, humans desperately need a new story to live by. The old one is increasingly dysfunctional and rather obviously headed for either a quit
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"The Greek Endgame Is Here": Probability Of IMF Default Now 70%, Says Deutsche Bank | Zero Hedge

"The Greek Endgame Is Here": Probability Of IMF Default Now 70%, Says Deutsche Bank | Zero Hedge | EndGameWatch | Scoop.it
Amid accelerating deposit outflows and an hourly flow of conflicting headlines, Deutsche Bank is out with a fresh take on the Greek endgame including an analysis of both the political wrangling that would need to take place in order for parliamentary approval of concessions to creditors and the mechanics of a default to the IMF.
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The Stock Market: A Picture of Excess

The Stock Market: A Picture of Excess | EndGameWatch | Scoop.it
  More Ominous Charts We have decided to expand a bit on our recent post about “ominous charts” and show a few more charts that should at least give one pause. We hasten to add that none of them sh...
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Economic Growth Is Impossible

Economic Growth Is Impossible | EndGameWatch | Scoop.it
Negotium Business Article Series from BREAKING ALL THE RULES. BATR also publishes SARTRE Commentary on Inherent Autonomy, Global Gulag, Totalitarian Collectivism, Radical Reactionary, View from Mount,
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David Stockman: It's A Coup d'etat, The Central Banks Have Taken Over - YouTube

Air Date: May 21st, 2015 This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a 'fair...
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Financial crises: The devastating fallout - BBC News

Financial crises: The devastating fallout - BBC News | EndGameWatch | Scoop.it
While Athens struggles to meet its debts, many Greeks are suffering terrible hardship. There are people around the world who know exactly what they are going through.
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Capitalism threatens all life on the planet - Interview with Professor Guy McPherson

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How to turn a liberal hipster into a capitalist tyrant in one evening

How to turn a liberal hipster into a capitalist tyrant in one evening | EndGameWatch | Scoop.it
A new play, World Factory, asks the audience to run a clothing factory in China – and even the creators have been surprised at how people have behaved
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Jeb Bush’s Favorite Author Rejects Democracy, Says The Hyper-Rich Should Seize Power

Jeb Bush’s Favorite Author Rejects Democracy, Says The Hyper-Rich Should Seize Power | EndGameWatch | Scoop.it
Last April, when Jeb Bush was asked what he liked to read, he replied “I like Charles Murray books to be honest with you, which means I’m a total nerd I guess.”
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The Earth in 2050: What Is the Stress Nexus of Food, Energy, and Water? - YouTube

By the year 2050, Earth will be home to more than nine billion people—an increase of more than two billion over today's current population. Concerns are esca...
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For Greece, This Is What Hell Looks Like | Zero Hedge

So let's say that somehow Greece kicks every can left until the end of 2015. Surely Greece will be out of the woods then, right. Wrong. Because for Europe's most devastated country, it is only then that the debt nightmare officially begins.
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How Can We Control Human Over Population? - YouTube

With an estimated world population of 7 billion and rising, how do we stop over population from becoming out of control? The world we all live on is a big pl...
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The heat and the death toll are rising in India. Is this a glimpse of Earth’s future?

The heat and the death toll are rising in India. Is this a glimpse of Earth’s future? | EndGameWatch | Scoop.it
Concern about the emergency on the subcontinent is mixed with signs that global warming will have a shattering impact on our ability to feed ourselves
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The Math That Predicted the Revolutions Sweeping the Globe Right Now

The Math That Predicted the Revolutions Sweeping the Globe Right Now | EndGameWatch | Scoop.it
The Math That Predicted the Revolutions Sweeping the Globe Right Now
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Big banks run everything: Austerity, the IMF and the real story about world economy that the media won’t tell you

Big banks run everything: Austerity, the IMF and the real story about world economy that the media won’t tell you | EndGameWatch | Scoop.it
If you want to understand what's really happening in Greece and Ukraine, just follow the money
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Global economy ‘like an ocean liner without lifeboats’

Global economy ‘like an ocean liner without lifeboats’ | EndGameWatch | Scoop.it
THE world economy is in serious danger of falling into another recession — and if it does, governments have few tools left at their disposal to combat it.
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Shocker: 40% of Workers Now Have 'Contingent' Jobs, Says U.S. Government

Shocker: 40% of Workers Now Have 'Contingent' Jobs, Says U.S. Government | EndGameWatch | Scoop.it
Tucked away in the pages of a new report by the U.S. General Accounting Office is a startling statistic: 40.4% of the U.S. workforce is now made up of contingent workers—that is, people who don’t have what we traditionally consider secure jobs. There is currently a lot of debate about how [...]
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The world is drowning in debt, warns Goldman Sachs

The world is drowning in debt, warns Goldman Sachs | EndGameWatch | Scoop.it
Ageing populations mean countries' debt piles risk growing out of control, warns European head of Goldman Sachs Asset Management
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HSBC fears world recession with no lifeboats left

HSBC fears world recession with no lifeboats left | EndGameWatch | Scoop.it
The world authorities have run out of ammunition as rates remain stuck at zero. They have no margin for error as economy falters
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