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The $75 Trillion Time Bomb

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How long till the Global Economic Collapse?   Dave Hodges The entire wealth of the planet is estimated to be around $65-7o trillion dollars. Any debt that exceeds that amount should be considered to be a catalyst for global economic collapse and ultimately World War III  along with the emergence of extreme authoritarian government similar to what the world witnessed prior to World War II. Nations who are trying to save themselves from the abyss of economic collapse will seek to plunder the resources of other nations and when these predatory behaviors grow in number, global conflict will breakout. We are already seeing evidence of this in Ukraine (i.e. control of Eurasia’s gas) and in  Syria and Iran (i.e. control of the medium of exchange to buy oil, gold vs. the dollar). In 2011,   Bloomberg reported   that Bank of America shifted about $22 trillion worth of derivative obligations from Merrill Lynch and the Bank of America Corporation hold...

Reagan-era Tensions over Pakistani Nuclear Program

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New Documents Spotlight Reagan-era Tensions over Pakistani Nuclear Program Findings that General Zia Had "Lied" About Pakistani Nuclear Activities Conflicted with U.S. Afghanistan Priority Previously General Vernon Walters Had Speculated that Zia Was "The Most Superb and Patriotic Liar I Have Ever Met" Reagan Administration Supported Sale of F-16 with Advanced Radar Technology on Nonproliferation Grounds Despite CIA Warnings that Pakistan Would Share it with China National Security Archive Electronic Briefing Book No. 377 Posted - April 27, 2012 For more information contact: William Burr -  202/994-7000 or  nsarchiv@gwu.edu Click for Larger View President Reagan meets with Pakistani dictator General Muhammad Zia-ul-Haq at the Oval Office on 7 December 1982. Standing across from Reagan is national security adviser William Clark. During the meeting, Reagan laid out specific parameter for the Pakistani nuclear program: no assembly or test of nuclea...