Inflation will cost the Chinese dear and worse to lose face

There are two big bubbles now. There is the familiar one in federal government debt. The other is the Peoples' Republic of China.Anyone who thinks China can save the world from recession needs to read former Morgan...

This Depression is just beginning

If 18-year Real Estate Boom-Bust cycles are measured 14 years to the top (August 2007) 2 years to the edge, and 2 years to the final bust, this one is obviously not over yet. "Skip the Happy Talk This...

White House still warns of 10 percent jobless rate

" Obama said: "We have a lot further to go. As far as I'm concerned, we will not have a true recovery until we stop losing jobs." He also said he won't rest until "every American that is looking for a job can find...

Canada's Premiers split on Employement Insurance Qualification

Canada's Premiers are meeting in Regina this week.  Wide ranging issues are being discussed that affect Canada across provincial lines.  Swine flu response is one of the issues high on the agenda with...

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...

Civilisation and progress leads down a road to where?

Todays problems centre around a recession, Global warming, wars and unrest, terrorism threats and of PC/Human viruses etc. Historically "living a life" was about the simple things "in" life...

'Baltic sisters' struggle to survive Global recession

Three Baltic sisters - Lithuania, Latvia and Estonia is struggling to survive Global recession. Dalia Grybauskaite, Lithuania's new president, has admitted the country could be forced to seek help from IMF (International Monetary Fund). The finance ministry was considering...

South African Riots and Strikes: Stagflation Unrest

The UN made a press release stating the South African riots, which have erupted from protests for increased sanitation, water, electricity and housing services, have caused the agency alarm. "The United Nations agency tasked with promoting adequate shelter for all has voiced...

Global Bubbles Trigger Global Crash

"These are not layoffs...they're permanent job losses," is said "These people are not going back to work anytime soon."That is exactly the difference between a recession and a depression. In a recession people get...

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...

Governor of the Bank of Canada says Recession is Over

A quarterly Monetary Policy Report released by the Bank of Canada on Thursday, proclaims that he recession is over. "We're on track for the recovery both in Canada and globally" Mark Carney, Governor of the Bank...

Watergate Hotel Up for Auction

The Watergate Hotel, site of the infamous 1972 break-in, during which thieves working for President Richard Nixon attempted to steal files from the Democratic National Committee, is up for auction. The 42-year-old...

11-Year-Old Ohio Boy Sells his Toys to Help his Family

The recession has seen the worst ever effect on people. Millions of people losing their jobs and many of them have been finding it difficult to bring food to the table for their family or even provide basic...

The Debt Time Bomb

The U.S. economy is still struggling. And the credit markets are still failing to function – mostly because the roots of the American financial system remain diseased. Thanks to the crisis-deferral tactics of...

Human Dogs: Is it the Recession, or is it just Us?

     You've seen a dog, when he is around other dogs, grab a bone and take it over to the side, put his head down and growl if another dog even looks at that bone.      I saw that this morning, in a human...

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