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Iraq fails to sign contracts with global oil majors...
Prices end down after topping $143 barrel...
"We're Entering a Two Economy Society.
There is No Force Opposing Financial Polarization":
Interview with Michael Hudson
By Mike Whitney
As Aristotle said, democracy is the political stage immediately preceding oligarchy. That's what the economy is now evolving into. Continue
IMF Finally Knocks on Uncle Sam's Door
By David HIrst
The fact that the IMF is knocking on the very doors of its parents and waving legal papers about who lost the house, the car and the kids will, if the past is anything to go by, be buried in the US by pom-pom waving on CNBC telling all what a great time it is to buy. Continue
Oil prices fluctuate after passing $143 a barrel: Oil prices fluctuated Monday, surging past $143 a barrel for the first time and then falling back as a rising dollar prompted some investors to sell. Meanwhile, the price of gas at the pump hit another record high.
Intervention Will Not Stop The Dollar’s Slide: This week the Federal Reserve took a step closer to acknowledging reality. Unfortunately it didn’t let that admission move it from a policy course firmly guided by fantasy.
Petrofraud And The New Depression
Rothshilds' IMF To Audit The US Financial System
Dow Ends Worst First Half Since 1970
The Dow-Crash, The Dollar, Gold, And WAR
Bank Implode-O-Meter - End Game Of Modern Banking
UK Savings Rate Sinks To 49 Year Low
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