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China on Course Catching Japanese Disease
Hugh Askew wrote me a message with a request to write something sensible to the story published in the Financial Time from yesterday. “China is heading for a Japan-style bubble”“If China continues to... Economic Growth is Unsustainable
One thing has become clear with this financial crisis, trees don’t grow into heaven in other words any growth has its limitation. The question arises whether economic growth the so-called GDP increases year on... Recovery a Hoax
Traveling through Europe the last couple of weeks brought a closer insight in the economic development underway.Meanwhile the US Dollar has fallen in an opposed direction compared with stocks, gold, and the rest of... Good Economics
During the great credit expansion of 1945-2007, businesses could anticipate, generally, rising earnings. People were buying more and more things on credit. In a national economy, businesses pay wages and then the... Consumer no Saviour of the Economy this Time
Since 1945, the world economy has been carried on the backs of American consumers. First, they spent money they earned during the war years. Then, they spent money they earned in the big boom of the '50s and '60s.... Could Hyperinflation Happen?
Theoretically, yes. Hyperinflation is a scary thought. Technical definitions vary, but while it could be argued that mild inflation can be a sign of a growing economy, hyperinflation is certainly never a good... Recession’s Fatal Error
Debt and taxes: “Over the next four years, the ratio of U.S. government debt will rise to somewhere between 71% and 80% of GDP, up from 41% at the end of 2008. The 71% figure”, which is from the CBO, and likely... Consumers’ Change of Heart
The vast credit expansion that lasted from 1945-2007 now has contracted till an insignificant quantity, as people’s hearts and minds have been thrown into reverse. During the bubble years, more and more... 150 views | 12 recommendations | 3 comments
Layoff 2009: An Ex-Yahoo's Survival Guide
Part One: Suddenly a Statistic So it's 2009 and you've just spent the past 15 years or so either working, going to school (partying), or pursuing your chosen profession. You were one of the most experienced guys in... 464 views | 20 recommendations | 5 comments
Harper Calls for Bringing Local Contracts into NAFTA
Canadian Prime Minister Stephen Harper has called for bringing municipal and provincial contract bidding into the North American Free Trade Agreement (NAFTA). The announcement was made last night at a private dinner in Quebec City, where he and Quebec Premier Jean Charest... Economic Depression On Its Way
Although from various viewpoints is said that recovery is around the corner at least at the end of this year 2.009 but not later than early 2010, there are astonishingly still more indicators that point in the... 409 views | 4 recommendations | 12 comments
Inhofe: ‘President Obama is disarming America’
In a You Tube video today from Afghanistan, Senator Jim Inhofe (R-Okla.) blasted an announcement by the Obama Administration that they propose to make deep, widespread cuts to the military budget. The announcement,... U.S. Unemployment by the Numbers: How Bad Is It Hurting?
" Reports More people are unemployed in America than live in Ohio or go to church in Texas. Unemployment statistics don’t usually leap off the page, but the latest report from the Department of Labor offers some astounding figures. More than 651,000 jobs were cut in... Obama Breaks With Europe And Israel
Obama Breaks With Europe And Israel, Plans 2009 ‘State Of Emergency’ Rule By: Sorcha Faal, and as reported to her Western Subscribers (Traducción al Español abajo) whatdoesitmean.com Russian Foreign Ministry reports on the upcoming meeting between President Obama... World Dictatorship! WAKE UP!
" There is just too much to cover to give my 2 cents because I have 2 tons of gold to give. We’ve lived for several years in a delusion of democracy, freedom, and prosperity. Now, they’re taking it all away....
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