Daily Archives: March 2, 2015

ZeroHedge – Debt-To-GDP Ratios Demand Debt Jubilee – 2 March 2015

In the 1980’s, Canada was governed by (at that time) the most incompetent, fiscally irresponsible regime in the Western world: Brian Mulroney’s “Conservative” government. In a mere eight years; Canada’s national debt tripled, and its debt-to-GDP ratio soared to what was (at the time) an astronomical level above 70%.

Read the full story at: www.zerohedge.com / link to original article



Mish/ Mike Shedlock – Austria “Bad Bank” Goes Bad, $8.5 Billion “Bail-In” Underway – 2 March 2015

MishMikeShedlockThis entire notion that you can take bad assets from a bank and put them in a “bad bank” to make everything well, is ridiculous. Today we see yet another failure of the construct.

Reuters reports Austria Imposes Debt Moratorium on Heta “Bad Bank”

Austria’s Financial Market Authority stepped in on Sunday to wind down “bad bank” Heta Asset Resolution and imposed a moratorium on debt repayments by the vehicle set up last year from the remnants of defunct lender Hypo Alpe Adria. Continue reading

NaturalNews – Ethan A. Huff – Kellogg’s Froot Loops Contains GMOs And Glyphosate Herbicide, Lab Tests Verify – 2 March 2015

NaturalNewss Logo-April-2014(NaturalNews) With the food industry doing everything in its power to avoid having to tell the public that its products are laced with genetically modified (GM) additives, pesticides and other poisons, grassroots efforts to raise awareness about GMOs are flourishing. Recent laboratory tests conducted by GMO Free USA, which revealed the presence of both high levels of GMOs and glyphosate herbicide in Kellogg’s Froot Loops breakfast cereal, are just the start of a much larger campaign to rid the American food supply of all these hidden toxins and restore health to the general public. Continue reading

Steve Lendman – Putin Bashing Crowd In Overdrive Over Nemtsov Killing – 2 March 2015

StevelendmanThroughout his tenure, irresponsible Western officials and complicit media scoundrels bashed him relentlessly. Any excuse will do.
Stuff made up out of whole cloth is held against him. Whatever he does is wrong no matter how right.
His months of efforts to save Europe from the scourge of more war is treated like he intends to wage it.
The reason, of course, is his opposition to US imperial adventurism.  Its plan to colonize planet earth, steal its resources, and enslave its people as serfs paid poverty or sub-poverty wages.

Continue reading

ZeroHedge – This Is The Chinese Documentary That Got Over 30 Million Views In One Day – 2 March 2015

ZeroHedgeWhile the citizenry of America remains transfixed by the ever-changing color of some Scottish wedding dress; this weekend saw an even more massively viral social media phenomenon as tens of millions of Chinese watched, gripped and outraged, a 104-minute video entitled “Under The Dome” exposing the ugly truth about Chinese air pollution. What is perhaps most stunning – aside from the fact that something so ‘important’ can go viral without Kim Kardashian’s ass all over it – is that the Chinese government, so far, has not shut off the documentary, and recently appointed minister of environmental protection, Chen Jining, even praised the video; suggesting a growing conflict between Beijing and the Chinese industrial complex.

Full documentary here – with English subtitles (with over 35 million views since its release yesterday on YouKu)

Read the full story at: http://www.zerohedge.com / link to original article

Jon Rappoport – Jimmy Kimmel’s Ignorant Vaccine Doctors – 2 March 2015

jon7Jimmy Kimmel’s ignorant vaccine doctors

Clueless, ignorant, arrogant, useless, pathetic vaccine doctors

The other night Jimmy Kimmel decided to blast parents who don’t vaccinate their children.

He emphasized the difference between what these parents know and what, ahem, doctors know.

In between wisecracks, Kimmel made it clear that (pro-vaccine) doctors are very smart and knowledgeable people—as if this obvious fact had escaped the dissident parents. Continue reading

ZeroHedge – Are Central Banks Creating Deflation? – 2 March 2015

ZeroHedgeLast week we noted that with the start of Q€ just around the corner, the ECB finds itself in a rather absurd situation. In what we called the ultimate easy money paradox (or, alternatively, the ultimate Keynesian boondoggle), Mario Draghi and crew are doomed to trip over their own policies as they (literally) attempt to monetize twice the net supply of eurozone fixed income this year.
Read the full story at: www.zerohedge.com / link to original article