Société Générale tells clients how to prepare for potential ‘global collapse’
Source: Telegraph
In a report entitled “Worst-case debt scenario”, the bank’s asset team said state rescue packages over the last year have merely transferred private liabilities onto sagging sovereign shoulders, creating a fresh set of problems.
Overall debt is still far too high in almost all rich economies as a share of GDP (350pc in the US), whether public or private. It must be reduced by the hard slog of “deleveraging”, for years.
“As yet, nobody can say with any certainty whether we have in fact escaped the prospect of a global economic collapse,” said the 68-page report, headed by asset chief Daniel Fermon. It is an exploration of the dangers, not a forecast. Read more
Lord Christopher Monckton gave a presentation in St. Paul, MN on the subject of global warming
Source: YouTube
On October 14, Lord Christopher Monckton gave a presentation in St. Paul, MN on the subject of global warming. In this 4-minute excerpt from his speech, he issues a dire warning to all Americans regarding the United Nations Climate Change Treaty that is scheduled to be signed in Copenhagen in December 2009.
Finnish Minister of Health – Dr. Rauni Kilde – exposes the campaign
Filed under: Corruption, Government Lies, Government Lies/ Coverups, Health
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- What are the Protein RDA’s?