In Debt Up To Our Eyeballs
• theeconomiccollapseblog.comThe governments of the western world have had a lot of fun spending money as if there was no tomorrow, but now tomorrow has arrived and all of that debt is rapidly catching up with us.
Contents Pages by Subject
Depression
Middle Class Death Watch
• blog.mises.orgA good round up of the catastrophic economic situation for the middle class can be found at Alternet, yes, the favorite site of the loony left. I’ve noticed a tendency on the right to deny any fundamental problems,...
Is The U.S. Government Stockpiling Food In Anticipation Of A Major Economic Crisis?
• theeconomiccollapseblog.comIs the U.S. government stockpiling huge amounts of food and supplies in anticipation that something bad is about to happen? Is something about to cause a major economic crisis that will require large quantities of emergency food?
Obama Gets It Half Right!
• Charles GoyetteExpecting insight about the economy from Barack Obama is like hoping to learn about Paul Revere from Sarah Palin. However, inadvertently, the President seems to have gotten something right. President Obama stumbled...
Today on LewRockwell.com - Friday Oct. 8th 2010
• LewRockwell.comThe Best Article Ever Written on Depressions - No Way Out, Doug Casey on the greatest depression, and why it might not be all bad. - Anarchy Is the Answer, Ralph Raico on liberation from the parasite state.
The Purpose Behind Engineered Economic Collapse
Nethercorp PressA must-read article that begins with this quotation: “From now on, depressions will be scientifically created.” — Congressman Charles A. Lindbergh Sr. , 1913
Entered By: Jefferson Paine
Zero Zip, Zest and Zeal?
• Margaret Durst via Lew Rockwell.comZip, zest, and zeal are signs of health. If you feel that you are lacking these on a regular basis, you may be depressed. Many people do not believe in depression; however, it is one of the most common health problems in the United States affecting a
Ambrose Evans-Pritchard: US trapped in depression, starting to feel like 1932
• Daily TelegraphThe US workforce shrank by 652,000 in June, one of the sharpest contractions ever. The rate of hourly earnings fell 0.1pc. Wages are flirting with deflation.
Dow Repeats Great Depression Pattern: Charts
• CNBCThe Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday.
French unemployment hits 10%
• by: RUADHÁN Mac CORMAIC in Paris, IrishTimes.comUNEMPLOYMENT IN France rose to its highest level in a decade in the fourth quarter of 2009, new figures revealed yesterday. News that the jobless rate jumped to 10 per cent from 9.5 per cent in the third quarter comes as a blow to the ruling UMP par
Modern-day Cattle Rustling Reaches Record Levels
• NBC Dallas/Fort WorthThere were 6,404 cattle thefts in Texas in 2008 and only 2,400 thefts in 2007, according to the Texas & Southwestern Cattle Raisers Association.
The gun that beat inflation: How the Colt Peacemaker outshone gold
• MarketWatch.comThere is an old and apocryphal saying that "a good handgun is worth an ounce of gold" and it turns out to be true -- at least it has for the past 136 years. Because it is basically unchanged after 136 years of continuous production and because the
Ron Paul: Be Prepared for the Worst
• PrisonPlanet.comThe large-scale government intervention in the economy is going to end badly. - I am reminded of the outlook in 1930, when the experts were certain that the worst of the Depression was over and that recovery was just around the corner.
Get ready, America: Great Depression 2.0
• WNDDay presents a fact-rich case, rooted in economic history and time-tested theory, in which he concludes that an economic contraction of very large proportions is presently developin
Has the Government Sowed the Seeds for Green Shoots or Another Depression?
• Washington's BlogYou probably heard that Nicu Harajchi - CEO of N1 Asset Management - told CNBC on Friday that we're heading into a full-blown depression. You may have heard that Paul Krugman said a couple of days ago that the collapse in global trade is worse tha
The Greatest Depression Is Coming
• Seeking AlphaGood times will not be returning any time soon. We continue to lose jobs month over month. And, while the statistics being released are showing a slow down, this is basically a fabrication. There are thousands of people falling off of unemployment
Recession Will Be 'Full-Blown Depression': Strategist
• CNBC (HT Newspundit)This global recession will turn into a "full-blown depression," Nicu Harajchi, CEO of N1 Asset Management, said Friday, adding that global stimulus hasn't come down to Main Street.
Is The Bloom Coming Off The Rose?
• The Market TickerCitibank and Goldman reported this morning and both put up what looked at first blush to be better-than-expected numbers.But both sold off in the premarket. Why? Put more generally, "there ain't no such thing as a free lunch", or TANSTAAFL. The "st
The 1920 Depression Ended In One Year When Government Did Nothing
• The Business InsiderIn this fascinating speech, economist Thomas Woods explains why you've never heard of the Depression of 1920. Because it was over within a year, as the government let it run its course.
The Next Stage Of Deleveraging Means Return Of The Great Depression
• The Business InsiderAt the FT, economist Thomas Palley goes metaphor crazy arguing that we're heading for a double dip, and that the possibility of a Second Great Depression should not be written off.
Awaiting Monsanto's Results
• CNBCMonsanto is set to report earnings later this week, with Peter Schiff, Euro Pacific Capital and the Fast Money team. All the spending is still digging a bigger hole & we are do nothing to fill it. Don't be fooled be rising stock prices.US economy sti
Obama's permanent depression
• Asia Times OnlineObama inherited a crisis, to be sure, but he has made it much worse. President Barack Obama may be remembered for permanent depression, the way that Leon Trotsky's name is linked with permanent revolution. Fiscal stimulus combined with near-zero inte
Recession Is Over; Depression Has Just Begun
• Seeking AlphaThis post will discuss why we are in a depression, not a recession and what this means about likely future economic and investing paths.
The Banking System Is Insolvent
• The Market TickerFollowing up on the quick mention now that I have a story to cite from Amherst:
What Causes a Depression?
Bill BonnerWhat is it that actually causes a depression? A stock market collapse? Or too much debt? How come government can appear to cure the problem sometimes – 2001-2007 – but not other times?
Another Reason We Won't Have A V-Shaped Recovery: Jobs
• The Business InsiderTo get back to 5% unemployment in five years, we'd have to create 250,000 jobs a month. That's never happened before.
“Major crisis is still ahead, past one was minor” – Yale professor
• RTSenior Research Scholar at Yale University Immanuel Wallerstein believes that the real economic crisis is still up ahead. According to Wallerstein, last year’s collapse was its minor version. 'SUPER DEPRESSION AHEAD"
The Obama Depression Continues
• US AlterMediaThe liberal media is sitting on all the news about bank failures for fear of bursting the little bubble of delusional optimism about a recovery that they’ve been fabricating for the last two months. Now the latest word is that we’re going to have a j
Taxes, Depression, and Our Current Troubles Tariffs, rising state and federal taxes, and currency d
• WSJThe 1930s has become the sole object lesson for today's monetary policy. Over the past 12 months, the Federal Reserve has increased the monetary base (bank reserves plus currency in circulation) by well over 100%.
Bernanke: "Recession Is Over" (Depression Has Just Begun)
• Market WatchThen explain this for credit card charge-offs for the last month: Discover Financial Services Reports Aug Master Trust; Net Charge offs 9.16% v 8.43% m/m JPMorgan Chase and Co Reports Aug Master Trust; Net charge offs 10.07% v 7.92% m/m Bank
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