Listen to this radio interview with economists Paul Craig Roberts and Michel Chossudovsky. As explicitly stated by the latter, by listening to these interviews you will learn more about today's grave economic situation than a Ph.D. student in economics. Don't laugh. I've experienced the same sort of thing in "pure" science, where certain "truths" become dogma and any scientist who dares to disprove them risks losing his livelyhood. “In a time of universal deceit - telling the truth is a revolutionary act.” -- George Orwell

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Welcome to PaulCraigRoberts.org
My new book, The Failure Of Laissez Faire Capitalism And Economic Dissolution Of The West, is available in ebook form at Barnes & Noble and at Amazon.com.
Click Here.

PCR interviewed by KPFA California

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March 30, 2013 | Original Here

http://www.kpfa.org/archive/id/90132

Guns and Butter

"The Bubble Economy" with Paul Craig Roberts and Michel Chossudovsky. The three bubbles in the U.S. economy: the bond market, the stock market, and the dollar; a negative real interest rate; off-shoring of jobs; the Cyprus banking crisis where deposits are now considered risk capital; the effect of austerity measures; economics as taught in academia and as portrayed by the media.

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TRENDS FORCASTER GERALD CELENTE: "THE BANKING SYSTEM IS COLLAPSING WORLDWIDE." "HOW LONG WILL IT WILL LAST IS A GUESS." "GETTING OUT OF THE EURO AND INTO THE DOLLAR IS LIKE JUMPING OUT OF THE LUSITANIA TO TAKE SAFE BOARDAGE ON THE TITANIC." "THIS IS A GLOBAL CRISIS." "THERE IS NOWHERE OUT." "THIS IS NOT A GOLD BUBBLE." "GOLD PRICES WILL CONTINUE TO ESCALATE."

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Gerald Celente on Old-Man Europe, Romney & Sons, and a Golden Summer 

http://youtu.be/ynsAFg4ovCo

Published on Jun 22, 2012 by CapitalAccount

Welcome to Capital Account. Germany and Greece faced off today in the Eurocup 2012 with German newspapers pushing headlines like "bye Greeks, we can't save you today." But can anyone in Europe save the monetary union from itself? Mario Monti, Italy's technocrat prime minister says there is only one week left to do it, but looking back at older headlines, it appears there have been many times Europe had only "one week left," or "ten days left." What's up with that?

And while we are on the topic of déjà vu...more ratings downgrades were issued yesterday. This time, it was Moody's downgrading 15 of the largest global banks, and its become a bit like white noise. We get it, worries are widespread, so the question is where is the safest place to hide from the tale risk of a worst-case scenario? Will we see another credit crunch, or is the best case just more "muddling through?"

TO ROB A COUNTRY, OWN A BANK

March 19, 2010
To rob a country, own a bank

William Black, author of "Best way to rob a bank is to own one" talks about deliberate fraud on Wall Street, Parts 1 through 5.











Bio

William K. Black, associate professor of economics and law at the University of Missouri, Kansas City, teaches White-Collar Crime, Public Finance, Antitrust, Law & Economics. A former financial regulator, he held several senior regulatory positions during the S&L debacle. Black is the author of The Best Way to Rob a Bank Is to Own One (2005) which focuses on the role of “control fraud” in financial crises. Black developed the concept of "control fraud" — frauds in which the CEO or head of state uses the entity as a "weapon." Control frauds cause greater financial losses than all other forms of property crime combined.

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