Archive for the 'Collapse' Category
EU Calls Emergency Meeting Over Italian Debt
July 10th, 2011Via: Reuters: European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reflecting concern that the crisis could spread to Italy, the region’s third largest economy. European Central Bank President Jean-Claude Trichet will attend the meeting along with Jean-Claude Juncker, chairman […]
Earthquake Caused Structural Damage at Fukushima Plant Before Tsunami Hit
July 3rd, 2011This piece includes interviews with workers who saw severe damage to reactor facilities that was caused by the quake itself, before the tsunami hit. Via: Atlantic Wire: It’s been one of the mysteries of Japan’s ongoing nuclear disaster: How much of the damage did the March 11 earthquake inflict on Fukushima Daiichi’s reactors in the […]
Recovery: Older Interns Signal Gloomy Labor Market
July 2nd, 2011Via: Reuters: Elizabeth Romanaux puts a brave face on working as an intern at the age of 55. A media relations manager until she joined the millions of unemployed Americans two years ago, Romanaux spent the spring building contact lists and fetching lunches as she tried to keep alive her chances of resuming full employment. […]
Toshiso Kosako: Come the Harvest Season in the Fall, There Will Be Chaos
July 2nd, 2011You probably know that rice has semi religious significance throughout Asia, but you may not know that Japanese are particularly weird about their rice. To Japanese, it’s not really rice unless it’s rice from Japan. In order to avoid international trade sanctions, Japan imports rice, but the rice is generally not consumed in Japan. Most […]
South California?
July 2nd, 2011These aren’t the suburbs of the Lane Meyer and Ferris Bueller days. These suburbs are Snowcrash style corporate burbclaves, complete with mercenary armies, shakedowns and worse. —Visions of Teen Angst, Then and Now Via: CBS: Riverside County Supervisor Jeff Stone apparently thinks so, after proposing that the county lead a campaign for as many as […]
Where Will You Go When the Sovereign Debt Volcano Blows?
July 1st, 2011Via: Daily Bell: I do not have a crystal ball or inside political information on a specific imminent threat, only the observation that the sovereign debt crisis from Europe, a debt ceiling misstep from the clowns in Washington or a Middle East event could suddenly trigger the collapse. Actually any major political or economic shock […]
Greece Approve Austerity Measures as Protesters Clash with Police
June 29th, 2011This stream was showing some pretty hairy rioting as I posted this: LIVE STREAMING: Πεδ?ο μ?χης το Σ?νταγμα by News247 Via: Telegraph: The vote taken amid violent protests and a sense of growing social conflict, will this weekend unlock a £10.7 billion transfer to Greece, the fifth instalment in a £98billion EU-IMF bailout agreed 13 […]
Greece: Possibility of a Military Coup?
June 28th, 2011Via: CityWire: While the IMF stalls on its rescue package for Greece, many in the market are beginning to question whether the country would not in fact be better off out of the euro altogether. But for Steven Cordell, manager of Cazenove’s Pan Europe fund, that is a scenario that should be avoided at all […]
Fukushima Residents’ Urine Now Radioactive
June 27th, 2011Via: Japan Times: More than 3 millisieverts of radiation has been measured in the urine of 15 Fukushima residents of the village of Iitate and the town of Kawamata, confirming internal radiation exposure, it was learned Sunday. Both are about 30 to 40 km from the Fukushima No. 1 power plant, which has been releasing […]
Krokodil: The Drug that Eats Junkies
June 22nd, 2011Via: Independent: The home-made drug that Oleg and Sasha inject is known as krokodil, or “crocodile”. It is desomorphine, a synthetic opiate many times more powerful than heroin that is created from a complex chain of mixing and chemical reactions, which the addicts perform from memory several times a day. While heroin costs from £20 […]
