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Carolina Readiness
Safety and Preparedness
NC Renegade encourages everyone to become self sufficient and continue education in all forms of safety and preparedness. The best overall site for this topic is Survival Blog by James Wesley Rawles. We strongly encourage you to visit this site and take advantage of its broad knowledge base.
Another excellent resource is Prep Tips.
Tag Archives: CDS
The Situation in the Hellenic Republic Is Still Evolving
Once again, the ISDA has issued a decision that a Greek credit event has not occurred with the inclusion of retroactive “collective-action clauses (CAC) in its sovereign debt. Standard & Poor’s cut Greece’s credit rating to SD (Selective Default) over … Continue reading
Posted in Editorial, Financial
Tagged CAC, CDS, Greece, Greek, ISDA, NC Renegade, Selective Default
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An Accurate Assessment of Greece
“A sleight of hand is not magic; just a trick. It is amazing to me these days how proficient the EU and the ECB have become in turning tricks.” -The Wizard Another Greek bailout has been put together. Whether the … Continue reading
Posted in Editorial, Energy, Financial, War
Tagged CDS, default, Economic Collapse, European Union, Event, Greece, NC Renegade, War
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Follow the Yellow Brick Road
United States banks have “more than $80 billion of exposure to Italy, Spain, Portugal, Ireland and Greece”. As outlined in an earlier article, the true figure is $616 trillion when derivatives are included. Technically $616 trillion is more than $80 … Continue reading
Posted in Civil Unrest, Editorial, Financial, Safety and Preparedness
Tagged CDS, credit default swaps, European Union Collapse, Gold, Jon Corzine, NC Renegade
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First They Fled the Markets, Then They Fled the Banks
In response to the cheerleaders who still are elated at the rise of the stock market based on the continuing non-effective bailout strategy for the European Union, here is a dose of reality. Get ready for a worst case scenario … Continue reading
Posted in Editorial, Financial
Tagged CDS, Collapse, Economic Collapse, EU, Euro, NC Renegade
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Xtranormal Explains the European Union Bailout
http://www.youtube.com/watch?v=X20motVq-W8&feature=youtube_gdata”>httpv://www.youtube.com/watch?v=X20motVq-W8
Although the situation in Europe is even worse than portrayed here ($4 trillion Euros needed instead of $1 trillion), this video actually covers several valid points. httpv://www.youtube.com/watch?v=X20motVq-W8 Aliens are probably the only salvation for the EU at this point. Why … Continue reading
Posted in Editorial, Financial
Tagged CDS, EFSF, European Union, ISDA, NC Renegade, Xtranormal
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