Protests against austerity measures have also flared in cities across Europe. Portugal has ground to a halt, as workers stage a 24-hour general strike over public sector pay cuts and tax rises. It comes two days before parliament votes on a severe new budget.

We now have an ecological disaster of biblical proportions. We now have an economic disaster of depression proportions. We now have a political disaster of truly fascistic proportions. It does appear that a full blown lock down of humanity is in full scale mode on just about every level of being. Meanwhile the earth seems ready to blow her top as volcanic activity continues to increase. Maybe just maybe, something or someone is trying to get our attention. Will we learn to listen?

Iceland may be the first Western democracy to be forced into South-American style debt-slavery. The IMF, in concert with the UK and the Netherlands, has attempted to strongarm the recently impoverished Island of 317,000 into paying over 3.6 billion pounds ($6.3bn) — $86,000 per Icelandic family — at 5.5% interest for the next generation. The [...]

The vast majority of the talking heads on television are still speaking of the current economic collapse as if it is a temporary “recession” that will soon be over. The truth is that the foundations of the U.S. economy have been destroyed by an orgy of government, corporate and individual debt that has gone on for decades.

OpEdNews.com / Grant Lawrence (2010-10-17) President Obama’s popularity has crashed so perhaps doing something for the American people might help. President Obama in his weekly address to the American people says that he wants to get the American taxpayers’ money back. So far so good. So he wants to tax the big banks to get [...]

Documentary on the events that led to the economic collapse of Argentina in 2001 which wiped out the middle class and raised the level of poverty to 57.5%.