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Life After the Oil Crash
Deal With Reality or Reality Will Deal With You
Breaking News: Wednesday December 9th, 2009
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War on the Middle Class:
Charles Hugh Smith: Rising Abject Poverty in the U.S. (*A Must Read*)
Zero Hedge: Census Bureau Reporting a Collapse of State Tax Revenes
UK Telegraph: Budget Report Spells Pain for Middle Class, Public Sector
UK Telegraph: One Million Public Sector to be Cut in Order to Pay Debts
UK Telegrpah: Greece Heads Towards Anarcy as Students, Police Clash
Zero Hedge: Most Recent Insider Selling to Buying Ratio Over 28 to 1
NY Times: Financial Industry Attempting to Legalize Accounting Fraud
Sovreign Debt Collapse:
Henry Makow: Shockwave of Dubai Defualt About to Hit Global Markets
Financial Times: Dubai's Utility Provider Wants Its Payment Right Now
Money Week: Biggest Threat of 2010 is Entire Nations Going Bankrupt
Business Insider: The 10 Countries Most Likely to Defualt on Their Debt
Financial Collapse:
Wall Street Journal: Countries' Debt Woes Grow Increasingly Ominous
UK Independent: "Safety Valve" of Low Commodity Prices Not Working
UK Independent: British Economy to Fall Out of World's Top 10 in 2010
Money Week: 2010 Banking Crisis to Be Far Worse than the 2008 One
Globest.com: New York City Loan Defaults Could Reach 5% Next Year
Crimes, Conspiracies, and High Weirdness:
Alternet: Homeland Security Using Mind& Emotion Reading Technology
UK Independent: Is the Russian Secret Service Behind "Climategate"?
Most important articles from yesterday's update:
Washington Post: Neil Kashkari ("$700 Billion Man") Has Bugged Out
UK Daily Mail: More and More Britons Keeping Cash Under Mattresses
LATOC Forum: "At what point should we cash out their gold holdings?"
Articles from the LATOC archives worth a second look:
LATOC: British Year 2000 Fuel Riots Offer Chilling Previw of U.S. Future
Macleans: "Fascists will rise, feeding on the anger of the newly poor"
LATOC: "Suburbs will become militarized, the poor will be rounded up"
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I reccomend the following books:
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