Tag Archives: economy

Fukushima

Japan Modern Day Atlantis round 8: New study says future Tsunamis a bigger threat than first thought

Officials with Japan’s Land Ministry have issued new warnings about the dangers of tsunamis.  They revised their estimations of tsunami damage, based on what happened on March 11, 2011.

They concluded that earthquakes of magnitude 8.4 or greater, just off Japan’s Pacific coastline, could generate huge tsunamis.

On the Pacific side of Japan, tsunamis could reach 12 meters (39 feet) high, and destroy eight of Japan’s 19 Pacific ports. Officials say the existing tsunami walls are not sufficient to protect the ports.

JAPAN MODERN DAY ATLANTIS ROUND 7 & WHAT ECONOMIC RECOVERY? PEOPLE FLEEING NUCLEAR DISASTER IN JAPAN DESTROYING THE LOCAL ECONOMY AND LOCAL GOVERNMENTS

Fukushima

Government Incompetence: 5 People starved to death at Fukushima!

Local officials have revealed that not everyone was evacuated out of the 20km (12.4 miles) “No-Go” zone around the Fukushima Daiichi nuclear plant.

Officials have revealed that at least five bodies were found that showed signs of starvation.  Most of them were old people.  One man was trapped on the second floor of his home after the tsunami destroyed the first floor. He was found only two weeks after the March 11, 2011, disasters.   A woman was trapped because she could not walk, she was found in April 2011.

 

Business/Economics, International, U.S.

Congo explosion takes out Chinese workers, Catholic Cathedral

The Chinese government reports that 140 Chinese construction workers were hit by the large explosions in the south western African country of Congo-Brazzaville.  Six have died, one is missing.

Officials in Congo-Brazzaville expect to death toll to climb higher than 206.

The Catholic Cathedral called Saint Louis was flattened: “Many of the faithful are trapped in the debris of the church. Several of the dead have been taken out and I confirm there are more deaths inside.”-Didier Boutsindi, presidential spokesman

St Louis is the Diocese of the area, and it is not located in Brazzaville, where the explosions took place.  It is located in Nkayi, just west of Brazzaville.  If the report is true it gives you an idea how powerful the explosions were.

Congo-Brazzaville (Republic of Congo) has been racked by civil war for decades. In 2003 former French oil company executives testified in court that the oil industry is behind causing civil wars, because they can get access to the oil more cheaply.

Business/Economics, International, U.S.

Black Horse & What Economic Recovery? Brazil says the U.S. Elites are cannibalizing their own people

“Instead of using fiscal policies to invest in their own economies in order to avert the crisis, the rich nations have spilled U.S. $4.7 trillion in the world to make problems worse, thus putting emerging markets in jeopardy.”-Dilma Rousseff, President of Brazil, and is also an economist

“We have a currency war that is based on an expansionary monetary policy that creates unequal conditions for competition. We will continue to develop (our) country by defending its industry and ensuring that the strategy used by the developed countries to exit the crisis does not cannibalize emerging markets.”

When you realize that the overwhelming number of people living in the United States are now lower income, and that it has come as a result of the Elitist policies within the United states, then you can see that they are cannibalizing their own people as well.

“…there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, ‘A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!'”-New American Standard Bible, Revelation 6:5-6

Business/Economics, International, U.S.

Red Horse & World War 3: Congo hit with huge explosions, at lest 200 people killed, 1,500 wounded. U.S. security contactor involved? Oil involved?

“According to sources at the central hospital we’re talking of around 200 dead and many injured. Some people are still (trapped) in their houses… They’re saying the entire neighborhood of Mpila has been destroyed.”-Betu Bangana, head of protocol in the Congo president’s office

March 4, 2012, Congo (aka Republic of Congo or Congo-Brazzaville, and not to be confused with the Democratic Republic of Congo [DRC]) has been hit with as many as six huge explosions.  Pictures show the smoke from one explosion is bigger than nearby skyscrapers.

“I saw someone being carried to hospital with their intestines hanging out. They had been hit by a shell.”-witness

One report says military ammo depots were targeted by rebels. The Defense Minister of Congo denied such claims, and said it was a fire that caused the massive explosions.

The explosions hit the capitol city Brazzaville.  They were so large that across the river in the DRC, the government there had to calm down the residents because the blasts took out windows in homes and businesses!

Back in the capitol of Congo, at a Catholic church where mass was being preformed, church goers were overwhelmed and of course the mass was canceled.

One thing that makes this suspicious is that a U.S. security contractor just happened to be in the city when it happened, and he’s the one who said there were six explosions: “I heard at least five or six good sized explosions, which blew out the windows and brought down half the ceiling in our hotel.”-Patrick Mair, Control Risks

Another suspicious thing is that Congo has been used by French oil companies, Total and Elf Aquitaine, in an effort to remain independent of U.S. and British oil companies (and therefore their respective governments’ policies).

In 2003 former executives of Elf Aquitaine admitted in court that they intentionally fueled civil wars, as a way to maintain cheap access to the oil.  How this worked was the oil companies traded cheaply acquired weapons/ammo, to various waring factions, in exchange for raw petroleum oil. GlobalWitness reported in 2009 that the incredible corruption between the Congo-Brazzaville government and the oil industries, was still ongoing!

To make things worse, Congo-Brazzaville, and the DRC, are areas of south western Africa that have seen many new oil discoveries in the past decade.

Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay each other.

Business/Economics, International, U.S.

What Economic Recovery? New Study confirms old truth; Wars Do Not create Economic Recovery!

A new study has confirmed what most economic historians will tell you; long term wars actually destroy your economy: “…the positive effects of increased military spending were outweighed by longer term unintended negative macroeconomic consequences.”

The latest study was done by the Institute for Economics and Peace.  But their study revealed that the War on Terror has been more damaging to the U.S. economy than expected, because it’s the first U.S. war in which taxes collections went down!  This means that while military spending went up, the tax revenues to pay for the military went down!

A long term war, with reduced tax revenues to pay for it has resulted in “…the U.S. having severe unsustainable structural imbalances in its government finances…” and “…major constraints on the economy and limited the scope of options that were available to policymakers…”

 

Business/Economics, International, U.S.

What Economic Recovery? Greece downgraded again, even with new bailout loan deals

Moody’s has joined Standard & Poor’s in downgrading Greece.

Last week S&P’s downgraded Greece to default status. Today Moody’s rated Greek bonds at C, saying risk of default is too high even with new bailout loans: “Moody’s believes that Greece will still face medium-term solvency challenges: its stock of debt will still be well in excess of 100 percent of gross domestic product for many years, the country is unlikely to be able to access the private market once the second assistance package runs out, and its planned fiscal and economic reforms will still face very significant implementation risks.”

 

 

Business/Economics, Idaho, International, U.S.

What Economic Recovery? Idaho will lose hoped for Nuclear Industry jobs, Areva loses $3.2 billion!

French nuclear industry giant, Areva, announced record losses on March 2, 2012.  They lost U.S.$3.2 billion!!!

The loss is directly tied to it’s incompetent African uranium mining operation (which looks like they bought a pig in a poke).  The French government is investigating, because Areva is actually a French government corporation, and they used taxpayer money to buy the pig in a poke mine!

Also, since the March 11, 2011, nuclear disaster in Japan, which has resulted in about 90% of their nuclear plants shut down, orders for fuel rods made by Areva have crashed!

Also, Germany’s decision to end the use of nuclear power plants will result in 1,500 Areva employees losing their jobs in that country.

On February 28, 2012, Areva announced it was “indefinitely” suspending its planned uranium enrichment project in Eastern Idaho.  Its called the Eagle Rock project.  Local contractors were notified in writing about the suspension.

Areva is trying to get money from the U.S. government. They were trying for at least $3 billion, but now, with such huge losses that won’t be enough!

Eastern Idaho is desperate for good paying jobs, and a lot of hopes were riding on the Eagle Rock project.

 

 

Business/Economics, International

What Economic Recovery: City desperate for cash approves Marijuana farming

A city, trying to deal with more than 20% unemployment, has turned to allowing  cannabis for cash!

So far there’s no comment from the federal government, that’s because in this country growing pot is legal (within limits).

The country is Spain!  Officials with the city of Rasquera, in Catalonia, have signed a deal that’s estimated to bring in U.S. $1.6 million to their local economy!

But it’s not just marijuana: ”The produce will only go to members of the association and it won’t all be cannabis. There will be crop rotation with cereal and sugar beet.”-Bernat Pellisa, Mayor of Rasquera

The deal will make Rasquera the largest legal pot growing area in all Europe!

Business/Economics, International, U.S.

World War 3: Protestors in Saudi Arabia blow up major oil pipeline. Get ready for higher gas prices!

Anti-U.S. demonstrators have blown up a major oil pipeline in Saudi Arabia.

The anti-U.S./Saudi regime movement has been building since the beginning of 2011, yet ignored by the mainstream U.S. media (which has focused only on Libya and Syria)!

The pipeline is near the city of Awamiyah (Al-Awamia).  The city has seen increased protests, and increased brutality by the pro-U.S. Saudi regime.  Yet, no mention by U.S. media, or U.S. officials!

Since the beginning of February 2012, dozens of protestors have been arrested, and several killed. Awamiyah is a port city, on the Persian Gulf.  It is a famous tomato growing area, but is surrounded by oil pipelines.  More than 2 million barrels of oil pass through the area everyday!