AMERICA:The Crash of the U.S. Economy has begun.http://docs.google.com/View?docID=dc78589n_209gfjzv7ht&revision=_latest
It’s official. Mark your calendars. The crash of the U.S. economy has begun. It was announced the morning of Wednesday, June 13, 2007, by economic writers Steven Pearlstein and Robert Samuelson in the pages of the Washington Post, one of the foremost house organs of the U.S. monetary elite.
Pearlstein’s column was titled, “The Takeover Boom, About to Go Bust” and concerned the extraordinary amount of debt vs. operating profits of companies currently subject to leveraged buyouts.
It’s official. Mark your calendars. The crash of the U.S. economy has begun. It was announced the morning of Wednesday, June 13, 2007, by economic writers Steven Pearlstein and Robert Samuelson in the pages of the Washington Post, one of the foremost house organs of the U.S. monetary elite.
Pearlstein’s column was titled, “The Takeover Boom, About to Go Bust” and concerned the extraordinary amount of debt vs. operating profits of companies currently subject to leveraged buyouts.
(WW4 Report) -- In the last six months, food riots in virtually every continent have made headlines, with angry reports reported in India, Mexico, Egypt, Indonesia, Haiti, Burkina Faso, Cameroon, Mauritania, Cote d’Ivoire, Morocco, and the Philippines. Now impacts are being felt in "first world" countries like Japan, where food prices have risen by an average of 15% in the last year. (Nation Media, Kenya, April 24) Several Asian countries, including India and Vietnam, have halted all rice exports. (China Daily, Spril 28) The "global rice panic" has also hit the Asian-American community in California, as the retail price for a 50-pound sack of Thai jasmine rice has doubled from roughly $20 to $40 in recent weeks. (McClatchy Newspapers, April 24) Panic-buying has exhausted stocks at supermarkets in the Bay Area and Sacramento. A Costco Wholesale store in San Francisco has limited rice purchases to two bags per customer. Wal-Mart Stores' Sam's Club has limited purchases of jasmine, basmati and long-grain white rice to four bags a visit in all US outlets.
