Why We See An Economic Collapse In Europe
Will 2012 be the year that we see an economic collapse in Europe? Before you dismiss the title of this article as “alarmist”, read the facts listed in the rest of this article first. Over the past several months, there has been an astonishing loss of confidence in the European financial system. Right now, virtually nobody wants to loan money More...
The Social Meltdown of America: 25 Million Unemployed and Underemployed
Today’s jobs report was even worse than expected. The economy added only 54,000 jobs during May — not even enough to keep up with population growth — and the unemployment rate rose to 9.1 percent. Dig More...
The Roads To War And Economic Collapse
November 23, 2011: The day before the Thanksgiving holiday brought three extraordinary news items. One was the report on the Republican presidential campaign debate. One was the Russian President’s statement More...
Economic Collapse Throughout the World
The Organization for Economic Cooperation and Development (OECD) released a report Monday forecasting a further slowdown in the world’s largest economies. The Paris-based group comprises 34 countries, nearly all More...
Iceland’s New Bank Disaster
The problem of bank loans gone bad, especially those with government-guarantees such as U.S. student loans and Fannie Mae mortgages, has thrown into question just what should be a “fair value” for these debt More...
Europe’s Debt Crisis Out of Control
As Chancellor Merkel and PM Sarkozy search for a solution that doesn’t exist they continue to lose credibility. Nothing of substance has been agreed upon that is legal and can be implemented. At the IMF Christina More...