We discuss forecasts that go wrong and whether or not Christine Lagarde could forecast her way out of a Dominique Strauss Kahn orgy. In the second half, Max interviews Mark O’Byrne of Goldcore.com about the gold and silver markets, cryptobullion,

As noted earlier in this series, collapse is not an event, it’s a process, a process we experience as things fall apart. The phrase famously appears in William Butler Yeats’ 1919 poem, The Second Coming: Turning and turning in the

Democracy deserved a boost in euro-related matters. We just delivered it. Let the people decide. (Funny how radical this concept sounds!) — Yanis Varoufakis (@yanisvaroufakis) June 26, 2015 Confirmed info. #Eurogroup will continue without @yanisvaroufakis — Eleni Varvitsiotis (@Elbarbie) June

Irish Prime minister, Enda Kenny, made a lot of claims in Brussels this week that are simply lies. Claims that there were no tax hikes flies in the face of income tax changes, social insurance hikes and a whopping 2%

Michael Krieger | You gotta hand it to these kids.

Gary North | Ideas have consequences, but not in a social vacuum. There are no social vacuums.

Zero Hedge | Greek PM Alexis Tsipras has just called for a referendum on euro membership to be held next Sunday.