Tag Archives: economic meltdown

Martial Law and the Economy: Is Homeland Security Preparing for the Next Wall Street Collapse?

dhs ammoBy Ellen Brown
Global Research

Reports are that the Department of Homeland Security (DHS) is engaged in a massive, covert military buildup. An article in the Associated Press in February confirmed an open purchase order by DHS for 1.6 billion rounds of ammunition. According to an op-ed in Forbes, that’s enough to sustain an Iraq-sized war for over twenty years. DHS has also acquired heavily armored tanks, which have been seen roaming the streets. Evidently somebody in government is expecting some serious civil unrest. The question is, why?

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Globalization Goes Bankrupt

shanty town USAChris Hedges       TruthDig

“…The utopian dreams of globalization have been exposed as a sham. Force is all the elite have left. We are living through one of civilization’s great seismic reversals. The ideology of globalization, like all utopias that are sold as inevitable and irreversible, has become a farce. The power elite, perplexed and confused, cling to the disastrous principles of globalization and its outdated language to mask the political and economic vacuum before us. The absurd idea that the marketplace alone should determine economic and political constructs caused the crisis. It led the G-20 to sacrifice other areas of human importance—from working conditions, to taxation, to child labor, to hunger, to health and pollution—on the altar of free trade. It left the world’s poor worse off and the United States with the largest deficits in human history. Globalization has become an excuse to ignore the mess. It has left a mediocre elite desperately trying to save a system that cannot be saved and, more important, trying to save itself. “Speculation,” then-President Jacques Chirac of France once warned, “is the AIDS of our economies.”  We have reached the terminal stage.”

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Iceland: Lessons to be Learned from the Economic Meltdown

Johanna SigurdardottirBy Eva Joly

The irresponsible attitude of certain countries, the EU and the IMF to Iceland’s economic collapse demonstrates their inability to learn that excessive deregulation of markets, particularly financial markets, which they engineered, fails, writes the advisor for the criminal investigation into Iceland’s failed banks.

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