By Michael Snyder: Is
the global economic downturn going to accelerate as we roll into the
second half of this year? There is turmoil in the Middle East, we are
seeing things happen in the bond markets that we have not seen happen in
more than 30 years, and much of Europe has already plunged into a
full-blown economic depression. Sadly, most Americans will never
understand what is happening until financial disaster strikes them
personally. As long as they can go to work during the day and eat
frozen pizza and watch reality television at night, most of them will
consider everything to be just fine. Unfortunately, the truth is that everything is not fine.
The world is becoming increasingly unstable, we are living in the
terminal phase of the greatest debt bubble in the history of the planet
and the global financial system is even more vulnerable than it was back
in 2008. Unfortunately, most people seem to only have a 48 hour
attention span at best these days. They don't have the patience to
watch long-term trends develop. And the coming economic collapse is not
going to happen all at once. Rather, it is like watching a very, very
slow-motion train wreck happen. The coming economic nightmare is going
to unfold over a number of years. Yes, there will be moments of great
panic, but mostly it will be a steady decline into economic oblivion.
And there are a lot of indications that the second half of this year is
not going to be as good as the first half was. The following are 19
reasons to be deeply concerned about the global economy as we head into
the second half of 2013...
Telling the truth has become a revolutionary act, so let us salute those who disclose the necessary facts.
ALTERNATIVE NEWS
5 Jul 2013
George Galloway MP scorns Morsi for fucking up the Syrian crisis
The Origins of the State: Part 1 + The Story of Your Enslavement
EU Parliament votes to scrap US data-sharing deal unless Washington reveals spying practices
RT: The European Parliament has called for the scrapping of two
agreements granting the US access to European financial and travel data,
unless Washington reveals the full extent of its spying on Europe.
The non-binding resolution, which was passed by 483-98 with 65 abstentions on Thursday, said the US should provide full disclosure about its email and communications data. If Washington fails to agree, two EU-US transatlantic information-sharing deals could be revoked.
Both data-sharing deals – the Terrorist Finance Tracking Program (TFTP) and Passenger Name Records (PNR) were agreed shortly after the September 11, 2001 attacks, despite apprehension surrounding whether or not they would give the US too much access to European data.
The non-binding resolution, which was passed by 483-98 with 65 abstentions on Thursday, said the US should provide full disclosure about its email and communications data. If Washington fails to agree, two EU-US transatlantic information-sharing deals could be revoked.
Both data-sharing deals – the Terrorist Finance Tracking Program (TFTP) and Passenger Name Records (PNR) were agreed shortly after the September 11, 2001 attacks, despite apprehension surrounding whether or not they would give the US too much access to European data.
Mind Control in Public Schools with Charlotte Iserbyt
What is the purpose of fasting and sex abstention in Ramadan?
One of the pillars of the religion of Islam is indeed fasting; whereby Muslims are told to fast from dawn till dusk for a period of 30 days, in a month named Ramadan.
Cyprus swamped and Murdoch cleared as British women call for more 450lb gorilla immigration now
The
triple problem of diplomatic obesity, Australian humility, and Britain’s
gorillaphobic immigration policy
The Slog: The entire mediterranean region which put on high ecological alert yesterday when it was announced that new Greek
Foreign Minister Evangelos Venizelos is visiting Cyprus for meetings
with the island’s president Nicos Anastasiades, his counterpart Ioannis
Kasoulides and other senior political officials today.
Benny Veryzealous was moved over to foreign policy during a Cabinet
reshuffle last month, after Prime Minister Samaras expressed concern
that the rare antique Cabinet seat being occupied by world’s heaviest
fart-powered balloon might soon collapse. Now officials in Nicosia are
taking precautions for his arrival there, and will be monitoring the sea
level before and after his stay.
“I think very possibly a much bigger danger is that his plane won’t
be able to lift off from the runway,”
Game, Set and Snatch - It pays to be a woman at Wimbledon! + Social Justice Warrior Where Art Thou
Restore the Fourth: protests against NSA surveillance programs sweep the USA
Restore the Fourth is supported by a wide range of groups and companies from the Electronic Frontier Foundation to the Freedom of the Press Foundation to Mozilla.
The campaign aims to restore the sanctity of the Fourth Amendment which protects the American people from unreasonable searches and seizures while showing that the American people do not consent to the NSA’s surveillance.
In New York City, hundreds of people of all ages endured the heat and humidity to call for an end to the dragnet surveillance practiced by the U.S, according to CNET.
Over 100 protests are being held in cities around the U.S. and even in Europe, according to Restore the Fourth.
The protest in Washington, D.C. featured former NSA executive and whistleblower Thomas Drake who proclaimed, “We will not forsake our rights for the sake of national security!”
Anti-Imperialist Venezuela ready to offer asylum to brave hero Snowden
"A brave man worthy of protection."
Venezuelan President Nicolas Maduro reiterates his offer of political asylum to Edward Snowden.Ireland: History will ask how we could be so docile in face of such betrayal
Diarmaid Ferriter: In years to come, will those writing the history of
Ireland in the first decade of the 21st Century see the Anglo Tapes
revelations as something of a watershed? It is likely that the
sentiments and attitudes exposed in the taped conversations will provide
historians with a useful example of the dangerous consequences of
excess, bravado and contempt for standards and public service that have
been one of the hallmarks of Ireland's crisis.
The tapes provide, in great detail, one of the contrasts that
historians can build much around – in this case, the great gulf between
Ireland's Celtic Tiger elite and those below who had to pay for the
consequences of their greed. In the chapter entitled 'Boom to Bust',
historians will document the extremes that were experienced in the
decade.
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