May 24, 2011 (EIRNS)—The arrest of IMF chief Dominique Strauss-Kahn in New York on May 15 has brought the entire global financial bailout to a halt. The "clean job" that was pulled on Strauss-Kahn had been in preparation for some time, to the purpose of achieving exactly those effects it did achieve. "What the outcome of those effects will be, is uncertain, but the effects ... cannot be avoided," Lyndon LaRouche commented in a discussion with associates on May 21.
"The entire system is now going to crash in one of two ways. Either, by some unlikely prospect, the backers of Obama, Geithner, and Bernanke will survive this, in which case all Hell busts loose, or they won't survive it, and the situation becomes much more interesting. And what happened to Strauss-Kahn, is an absolutely crucial part of this turning point which has been reached in the past two weeks." Read more
UNITED NATIONS – The United Nations warned on Wednesday of a possible crisis of confidence in, and even a “collapse” of, the U.S. dollar if its value against other currencies continued to decline.
In a mid-year review of the world economy, the UN economic division said such a development, stemming from the falling value of foreign dollar holdings, would imperil the global financial system. Read it on Global News: U.S. dollar could 'collapse': UN
May 26, 2011 – TOKYO - Japan’s recent magnitude 9.0 earthquake, which triggered a devastating tsunami, relieved stress along part of the quake fault but also has contributed to the build-up of stress in other areas, putting some of the country at risk for up to years of sizeable aftershocks and perhaps new main shocks, scientists say. Read more
- Wiped off the map: Shocking before and after images reveal how giant tornado ripped apart Joplin's city landmarks
As shell-shocked residents of tornado-hit Joplin braced themselves for another powerful storm system this evening, new aerial images emerged showing in terrifying detail the path of the twister which destroyed the Missouri city.
The shocking photos reveal for the first time the true extent of the damage caused when the mile-wide tornado that killed at least 122 people blasted much of the city off the map and slammed straight into its hospital. Read more
The above story has some amazing photos that show the utter devastation of this Missouri town. How long before we see devastation of much bigger cities and towns as shown in movies such as Day After Tomorrow and 2012?
View of Joplin street before the tornado
View of same street afterwards: This scene reminds me of Hiroshima at the end of WWII