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This week on Survival Saturday, learn about how astronomical consumer credit card debt is providing Americans with the deadly illusion of prosperity, get proof that the average diet is more akin to Soylent Green than actual food, and hear about the government’s latest volley in their determined assault on privacy- it’s for your own good, you know. Survival Saturday is a round-up of the week’s news and recommended reading material for folks ...Read full article...
Can you imagine a world where the government bans Americans from holding cash? Investors are losing confidence… They’re probably losing confidence in corporate managers, for instance. Who wants to own stock in companies run by numbskulls who buy back shares in their companies at record prices just before a major selloff? Or maybe they’re wondering whether the world’s $200 trillion in total debt (roughly 300% of total output) can ...Read full article...
Guardian May 25, 2011 The personal data of millions of passengers who fly between the US and Europe, including credit card details, phone numbers and home addresses, may be stored by the US department of homeland security for 15 years, according to a draft agreement between Washington and Brussels leaked to the Guardian. The “restricted” draft, which emerged from negotiations between the US and EU, opens the way for ...Read full article...