While celebrating V-Day (marking the day the allies accepted Nazi surrender in WWII), Russian president Vladamir Putin said that Russia is all for creating a non-aligned system of international security to counter global terror.
Submitted by Michael Snyder via The End of The American Dream blog,
Over the past year, based on his increasingly more dour media appearances, billionaire Carl Icahn had been getting progressively more bearish. At first, he was mostly pessimistic about junk bonds, saying last May that "what's even more dangerous than the actual stock market is the high yield market." As the year progressed his pessimism become more acute and in December he said that the "meltdown in high yield is just beginning." It culminated in February when he said on CNBC that a "day of reckoning is coming."
A Southern reader who identifies himself as “Christian, Catholic, Republican, veteran (peacetime)” writes to say:
Submitted by Adam Taggart via PeakProsperity.com,
M. King Hubbert did more to raise awareness of the finite nature of global oil reserves than any other person, living or dead. He was a larger-than-life figure, who fought tirelessly to insert the limits of nature into the national dialog regarding the strategic use of resources. Yet surprisingly little has been publicly documented about the man, even though we are hurtling ever faster into a future shaped by the very limits he warned about.