Archive for the 'Economy' Category
Biometric ATMs for Illiterate Indian Slum Dwellers
December 3rd, 2006Via MSN/Financial Times: Citigroup is rolling out a network of biometric automatic cash machines aimed at illiterate Indian slum dwellers, using the latest technology to woo the country’s millions of “unbanked” poor. The machines will recognise account holders’ thumbprints, eliminating the need for a personal identification number, and will have colour-coded screen instructions and voiceovers […]
Lou Dobbs: North American Union Orwellian Brave New World
December 2nd, 2006After you watch this Lou Dobbs piece, check out the new Visa commercial. People who use cash cause the machine to break down! Trouble makers. Terrorists?
Feds Back Off Mandatory Livestock Registration – For Now
December 1st, 2006Good news? Maybe. Maybe not. My guess is that this will be back with a vengeance, and slammed through VERY fast under the guise of an “emergency”. The system will be up and running on a voluntary basis. After the “emergency” it’s just a flick of the president’s pen to make it mandatory. The hissing, […]
U.S. Warns Financial Firms of Al Qaeda Threat
December 1st, 2006On 8/25/2004, I wrote: I wouldn’t be surprised if critical network infrastructure was physically destroyed. The global economy is teetering on the brink of collapse. When the macro-scale looting has finally run its course, and the collapse is imminent, why no provide an excellent excuse for the collapse?Take away the flow of information and you […]
Steve’s New Business
November 30th, 2006Good luck, Steve! Sounds great: I’m excited to announce that my wife and I just purchased a business. It’s a two-year old start-up company which serves as a dealer/retailer of “green” building supplies and products, chiefly Safecoat’s leading-brand non-toxic paints and cleaning products, that newly hip recycled cotton “blue-jean” insulation, a great recycled roofing-shingles product, […]
U.S., CHINA and EUROPE: FINGERS ON TRIGGERS IN MEXICAN STANDOFF
November 29th, 2006Another day, another déjà vu moment for Cryptogon readers who remember this post. Those of you who are executing your plans, just keep plugging away. As everyone else panics, you don’t have to. That’s the beauty of being through (or close to) the EXIT before the alarm sounds. That’s why you have supported Cryptogon. That’s […]
Dollar Whacked Down to Near 15-Year Low vs. Sterling
November 29th, 2006Via Telegraph: The dollar tumbled to a near a 15-year low against sterling yesterday on fresh signs of economic trouble in the United States. An 8.3pc crash in US industrial orders and an admission by the Federal Reserve chairman that Washington does not know how bad housing really is set off another day of wild […]
Digital Assets in Multi Player Video Game Worth Over US$1 Million
November 28th, 2006Get wiped out by the real estate bubble in the real world? No problem, just get rich off the real estate bubble in a video game. The most incredible thing about this is that it’s not that different from how banking works in the real world. The U.S. Dollar. Wow. The fact that it’s viable […]
Ford Mortgages Assets to Pay for Overhaul
November 28th, 2006This is weird. I know Ford insiders read Cryptogon. Here’s my PGP key. What unanticipated events? Via: New York Times: For the first time in its 103-year history, the Ford Motor Company is mortgaging its assets, including factories, equipment, office buildings, patents and trademarks, and stakes in subsidiaries like Volvo, in order to raise $18 […]
France in ‘Vigilance’ Plea on Falling Dollar
November 28th, 2006The other day, in a comment, I wrote: China holds all the cards now. Everyone knows it. They have been keeping the music playing these last few years, and they can pull the plug on the U.S. at their whim. Of course, it’s more complicated than that. The U.S. and China are now in a […]
