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SEOUL, May 18 (Yonhap) -- An apartment building under construction in the North Korean capital of Pyongyang has collapsed, causing an unspecified number of casualties, the state media reported Sunday. The North's Korean Central News Agency (KCNA) said the accident occurred in the Pyongchon District on May 13 as "the construction of an apartment house was not done properly, and officials supervised and controlled it in an irresponsible manner." The KCNA reported that a "state emergency mechanism" was formed to rescue survivors and treat the wounded, and senior officials met with bereaved families and citizens in the district to express...

Gerald Celente Finally Gives a Date for U.S. Economic Collapse Economics / US Economy May 03, 2014 - 07:54 AM GMTNadeem Walayat Gerald Celente, a popular gloom and doom blogger and publisher of the TR Journal finally gives a date for the always coming economic collapse that I must have been hearing about for 5 years now. WLW Radio - 30th April 2014 "Your predicting an economic collapse, when do you think that is going to happen Gerald?" "I am going to say by the end of the second quarter." - Gerald Celente Apparently the straw that broke the camels...

US Housing Market Is Down For The CountHousing-Market / US Housing Apr 27, 2014 - 10:55 PM GMTRaul I Meijer Recent news, graphs and data confirm what we have long said would inevitably become clear: the entire global economy appears to have “functioned” through an orgy of refinancing, LBO and M&A lately. That is to say, zombie money has been enthusiastically slushed and re-slushed around to provide commissions, bonuses etc. to bankers and brokers, a process enabled by central bank and government policies in which large amounts of credit were thrown against the wall like so much Jello, hoping –...

Write Down This Date: July 1st, 2014 On this date, U.S. House of Representatives Bill "H.R. 2847" goes into effect. It will usher in the true collapse of the U.S. dollar, and will make millions of Americans poorer, overnight. You now have just several months to prepare ... Snopes Opinion: Mixture of Truth & NonTruth Origins: This item about the passage of H.R. 2847 causing the U.S. dollar to collapse as of 1 July 2014 is another example financial scarelore put out in conjunction with an investment come-on, in this case an ominous sales pitch put out by the folks...

Spanish-Style Riots Coming To A Country Near YouJames GuzmanDollar Vigilante BlogApril 15, 2014 Screams and sirens pierce the air as rocks, firecrackers, and sharp glass go flying in every direction. Police try to beat back the hordes of protesters by smashing indiscriminately into the crowd with their billy clubs. This was the scene recently in Madrid, Spain, as tens of thousands of people took to the streets to fight against the budget cuts and tax increases put into place by Mariano Rajoy, the current Prime Minister of Spain. The protesters chanted “no more cuts” as they demolished storefronts and threw...

Recent weeks have led to a fairly significant drop in stock valuations, with many expert analysts struggling to figure out exactly why it’s happening. You’ll hear them cite the weather, or market overreaction, or any number of reasons for why stocks have seen their share prices reduced and why they’ll be rebounding in the near-term. What they won’t show you on mainstream financial channels is what’s really happening behind the scenes. Forget about all the minute-by-minute noise for a moment and take a look at the following chart. It gives a very simple overview of earnings growth trends for stocks...

Sen. Jeff Sessions (R-Ala.) said today that Americans need to stand up to "a deliberate plan by the president of the United States" to collapse the nation's law enforcement system regarding illegal immigration.

A global clash of nations is underway in full gear. The time is finally right. The urgency is acute. The banking system insolvency is widespread. The illiquidity has reached the surface. The geopolitical chessboard has busy movements of many pieces, even with a delayed check in Ukraine after a devious capture of the Cyprus castle but not the Syrian knight. The Saudi support via OPEC for the Petro-Dollar has fallen out of view, dragging its pummeled chin on the desert sands. The Eastern superpowers are marching arm in arm, ready to challenge the West. It seems the Western leaders, in...

The level of employment in the United States has been declining since the year 2000. There have been moments when things have appeared to have been getting better for a short period of time, and then the decline has resumed. Thanks to the offshoring of millions of jobs, the replacement of millions of workers with technology and the overall weakness of the U.S. economy, the percentage of Americans that are actually working is significantly lower than it was when this century began. And even though things have stabilized at a reduced level over the past few years, it is...

I wish that this were just another bad April Fools' Day joke, but sadly, this story is all too real. Since President Barack Hussein Obama was inaugurated into office a little over five years ago, Obama, Pelosi, and Reid have doubled America's publicly held debt, an increase of more than 6.3 trillion dollars: Date                   Debt Held by the Public         Intragovernmental Holdings   Total Public Debt Outstanding 03/31/2014        6,307,310,739,681.66          4,319,566,309,231.42          10,626,877,048,913.08 8/19/2011          12,619,319,113,193.99 ...

Here Are The States That Are Most Likely To Survive A Zombie Apocalypse Megan WillettMar. 26, 2014, 7:33 PM   There's some debate about how to survive the Zombie Apocalypse. Some say science will save us all, some will rely on math, and still others are banking on specialty gadgets. You can buy Zombie Apocalypse survival kits, and there are even Zombie Apocalypse maps that pinpoint where the danger zones would be in a zombie-mergency. But the geniuses at Estately have crunched the numbers and determined which U.S. states are the best prepared for any zombie-related disasters in the...

It's not the managers who are incompetent, it's the organization itself that is incompetent. I received a number of interesting reader responses to my previous entries on the incompetence of the Federal Reserve and the Deep State: The Federal Reserve: Masters of the Universe or Trapped Incompetents? (March 21, 2014) Why Is Our Government (and Deep State) So Incompetent? (March 6, 2014) Some readers thought I was underestimating the power of these institutions to pursue essentially unlimited money-printing and related global strategies. While I understand the apparent power of unlimited money-printing and global Empire, my point (poorly articulated the first...

In this video I discuss the collapse of Obamacare Tune in.

Many like to watch movies or read fiction novels as a way to relax and get away from work and other stresses of day-to-day life. I, on the other hand, find non-fiction to be much more interesting than almost anything dreamed up by a fiction writer. So, when I want to relax and get away from things I like to read and watch non-fiction books and documentaries. Given what is going on in China lately I have been nearly obsessed learning about China's history. It is easily one of the most interesting cultures on Earth with thousands of years of...

The U.S. government and the Russian government have both been forced into positions where neither one of them can afford to back down. If Barack Obama backs down, he will be greatly criticized for being "weak" and for having been beaten by Vladimir Putin once again. If Putin backs down, he will be greatly criticized for being "weak" and for abandoning the Russians that live in Crimea. In essence, Obama and Putin find themselves trapped in a macho game of "chicken" and critics on both sides stand ready to pounce on the one who backs down. But this is not...

What you have to keep in mind is that back in 2008 we had one of the greatest financial crises the United States ever faced. The system was on the brink of collapse at that point in time. What the Fed and the federal government did was spend every penny they could, anything they could create or anything they could guarantee. They did everything they could possibly do to keep the system from crashing. They guaranteed all bank accounts. So, they saved the system, but now what they did has not borne fruit. We have not seen an economic recovery....

Genesis Camona was a 22-year-old college student who participated in the protests. She was also a beauty queen, having won the title of Miss Tourism in her home state of Carabobo. According to her uncle, she and her mother were peaceful protestors wanting an end to the 15 years of socialism that have plagued the nation. He stated: ‘There’s no food, no milk, no baby food … It is horrible what is happening in this country,’ Gil said. ‘That’s why she was out at the protest.’ During the demonstrations, she was gunned down by members of armed militias known as...

In order for our current level of debt-fueled prosperity to continue, the rest of the world must continue to use our dollars to trade with one another and must continue to buy our debt at ridiculously low interest rates. Of course the number one foreign nation that we depend on to participate in our system is China. China accounts for more global trade than anyone else on the planet (including the United States), and most of that trade is conducted in U.S. dollars. This keeps demand for our dollars very high, and it ensures that we can import massive quantities...

There are eerie parallels between the stock market's recent behavior and how it behaved right before the 1929 crash. That at least is the conclusion reached by a frightening chart that has been making the rounds on Wall Street. The chart superimposes the market's recent performance on top of a plot of its gyrations in 1928 and 1929. The picture isn't pretty. And it's not as easy as you might think to wriggle out from underneath the bearish significance of this chart.

20 Signs That The Global Economic Crisis Is Starting To Catch Fire Submitted by Tyler Durden on 02/14/2014 23:20 -0500 Australia Central Banks China default Evans-Pritchard Fail Federal Reserve Fitch fixed France Global Economy Greece Housing Prices India Italy Japan Nikkei None Quantitative Easing ratings Too Big To Fail Turkey Ukraine Unemployment inShare 12 Submitted by Michael Snyder of The Economic Collapse blog, If you have been waiting for the "global economic crisis" to begin, just open up your eyes and look around. I know that most Americans tend to ignore what happens in the rest of the world because...