A day after watching the documentary,"coLLapse," we checked the local headlines to capture today's news focus. There were a suspiring amount of articles that coincide with Michael Ruppert's "collapse" theory, where the combination of fiat currency and peak oil make the current state of capitalism unsustainable. IS THE WORLD'S FINANCIAL COLLAPSE CLOSER THAN WE THINK?
Here is what I found:
FIAT CURRENCY FAILURES -
- Wall St. Make Fallback Plans for Debt Crisis [NY Times]
- STOCKS EXPLODE AS WORLD GOES DEBT DEAL CRAZY: Here's What You Need To Know [Business Insider]
- It Has Started: Wall Street Is Preparing For A Doomsday Scenario [Business Insider]
- Morgan Stanley Posts $558 Million but Beats Expectations [NY Times]
PEAK OIL -
- Oil Reserves [Economist]
- Barack Obama and the Strategic Petroleum Reserve: Doing something about the price of oil [Economist]
INTERNATIONAL CHAOS -
- The Syrian Revolt Has Found Its Anthem; Listen To It Here [Business Insider]
- Government supporters have attacked the American and French embassies in Damascus [Economist]
- Syrian Forces Tighten Grip on Restive City [NY Times]
- Problems With Logistics, Coordination and Rivalries Hamper Libya's Rebels [NY Times]
- Egypt Rulers Outline Plan for Elections [NY Times]
EUROPEAN DEBT CRISIS -
- Toward a Greek default [Economist]
- EURO SURGES: Sarkozy Announces New European Monetary Fund, Greece Gets Bailout [Business Insider]
- Bail-outs? Bof... [Economist]
- Can he finally get Italy motoring? [Economist]
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