Evaporation of Wealth on a Vast Scale How $1-million can disappear September 19, 2011 By Elliott Wave International
The bursting of the “debt bubble” which started in 2008 is far from over.
It’s the financial story of our age and it’s happening before our eyes. The full scope is hard to keep up with because it’s unfolding at various levels.
The top level is the sovereign debt crisis:
National governments: Several in Europe and even the U.S.
State and local governments: services slashed; vendors waiting to get . . . → Read More: Evaporation of Wealth on a Vast Scale

Is the U.S. a Fascist Police-State?
This from Gonzalo Lira’s Blog:
I lived in Chile during the Pinochet dictatorship – I can spot a fascist police-state when I see one.
The United States is a fascist police-state.
Harsh words – incendiary, even. And none too clever of me, to use such language: Time was, the crazies and reactionaries wearing tin-foil hats who flung around such a characterization of the United States were disqualified by sensible people as being hysterical nutters – rightfully so.
But with yesterday’s Holder v. Humanitarian Law Project decision (No. 08-1498, also 09-89) . . . → Read More: Is the U.S. a Fascist Police-State?