Bilderberg 2012: Secretive summit kicks-off in Virginia

Source: RT News
Date: 5/30/2012 upload date
by: Abby Martin

Video Description
For a little over 50 years, an elite organization has met all around the world in total secrecy with nearly zero press coverage. On Thursday, the annual Bilderberg Conference will take place in Chantilly, Virginia where the world's leaders are believed to make decisions that could possibly have an effect on the world. Abby Martin looks closer at Bilderberg's global policies for a new world order as RT readies to cover this year's event later this week.

$6 billion hedge fund bets on 40% crash in SP500

RT News reporter Lucy Kafanov interviews Courtney Comstock of Business Insider regarding the bearish positioning of the $6 billion Universa hedge fund which has a steep $50 million minimum investment to get in:

The fund manager of Universa is Mark Spitznagel, the protege of Nassim Taleb, author of "The Black Swan".  Mr. Spitznagel is also a follower of Ludwig von Mises. I have noticed many von Mises economists (such as Peter Schiff) have a pretty bleak outlook and predictions for the U.S. economy or dollar.  Notice that there appears to be some real fear/apprehension on the part of the reporters as they contemplate, "What if Mark Spitznagel is right?"  I do not blame them.

For further details, read Meet Mark Spitznagel: The Hedge Fund Manager Betting $6 Billion On A Doomsday Scenario from Business Insider.