Nadeem Walayat

UK Inflation Accelerates to CPI 5.2%, Bankrupt Britain’s Stealth Debt Default Continues

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  UK CPI Inflation smashed through the 5% barrier by rising to 5.2% for September (4.5%), which is now approaching near triple the Bank of England’s 2% target that continues to make a mockery of the central bank whose primary remit is supposedly price stability, where 3% was supposed to have been the maximum level … Continue reading “UK Inflation Accelerates to CPI 5.2%, Bankrupt Britain’s Stealth Debt Default Continues”

Bankrupt Greece Blackmails Europe, Bailout or Euro Zone Dies, Global Financial System Collapse

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  The Greek population is in constant revolt with another 48 hour national strike underway against ever expanding announcements of economic austerity though to date little of which has actually been implemented and therefore risks at the very a least a delay of the latest tranche of Euro 12 billion in what has now become … Continue reading “Bankrupt Greece Blackmails Europe, Bailout or Euro Zone Dies, Global Financial System Collapse”

Bank of England’s Phony Inflation Panic, Greece Bankrupt Again, Silver Crash 2011

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  The week saw the Merv (Britain’s version of the Bernank) step forward and utter excuses as to why he now expects UK inflation to ‘temporarily’ soar above 5% this year on the official CPI measure (that significantly under reports real inflation as experienced by the general population). Mervyn King in a smoke and mirrors … Continue reading “Bank of England’s Phony Inflation Panic, Greece Bankrupt Again, Silver Crash 2011”

Obama Kills Osama After the Bernank Spoke, US Dollar Bubble Bursts Trending Towards USD69

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  What a week! A series ever more historic events accompanied by the dollar’s continuing in the background meltdown. Firstly, the Bernank spoke, spouting more central bank propaganda which as expected has been liberally lapped up by the mainstream financial press and further regurgitated at length by the BlogosFear, after all talk is cheap when … Continue reading “Obama Kills Osama After the Bernank Spoke, US Dollar Bubble Bursts Trending Towards USD69”

UK Interest Rate Forecast 2011, Paralysed Bank of England Still Fears Financial Armageddon

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Britain’s coalition government pressed the reset button on the UK Economy during summer 2010, as it has continued to make a plethora of tax raising and spending cut economic austerity announcements over the past 9 months in an attempt to get a grip on the Labour government’s legacy of an out of control annual budget … Continue reading “UK Interest Rate Forecast 2011, Paralysed Bank of England Still Fears Financial Armageddon”

Global Sovereign Debt Default Bankruptcy Bailout and Contagion Risk Analysis

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This analysis seeks to update the global sovereign risk of bankruptcy following the developments of the past 9 months that have seen governments and economic policies change, economic austerity plans implemented or failure to implement, as well as the bailout of two Eurozone member countries with first Greece in May and now Ireland’s Euro 85 … Continue reading “Global Sovereign Debt Default Bankruptcy Bailout and Contagion Risk Analysis”

Euro Debt Crisis Bankruptcy Bailout Queue, Protect Savings & Deposits From Banks Going Bankrupt!

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The global banking system that publicly went bankrupt during September 2008 prompting government interventions in the form of capital injections, buying of toxic assets, insurance of bad debts and even outright nationalisation’s has started to bankrupt the states that bailed them out, starting with the smaller states with Iceland setting the ball rolling, and this … Continue reading “Euro Debt Crisis Bankruptcy Bailout Queue, Protect Savings & Deposits From Banks Going Bankrupt!”

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