TruemorsWhite House Sharply Increases Deficit Projection to $1.6 Trillion
"The federal deficit will soar to nearly $1.6 trillion this year, miring the nation in the deepest pool of red ink since the end of World War II, the nonpartisan Congressional Budget Office and the White House reported Tuesday. " This is a major problem. This huge...
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... 
created by Maireid Sullivan | 21 wks ago | updated 21 wks ago
295 views | 10 recommendations | 5 comments
295 views | 10 recommendations | 5 comments
$100, 000,000,000,000 Banknote.
"To deal with hyperinflation that reached the ludicrous level of 231 million % and saw the price for a loaf of bread hit 300 billion Zimbabwean dollars, Zimbabwe issued a $100 trillion note in early January. (One...
SC Congressman Barrett Introduces 'TEA Act' to cut 500 Billion
Republican Congressman Gresham Barrett seems to be responding to the Tea Party Movements desire to get the Government to reduce spending in Washington by introducing the, 'Tea Act'. The Act ... 
How much is 1.1 trillion cubic feet of natural gas?
"Sounds like a heckuva lot to me. That is the amount of recoverable natural gas that has been declared “off-limits” by a bill which just cleared the Senate. But don’t worry, America. The Senate is now holding hearings on how college football teams are chosen to compete... 
Obama Pledges 3 Million New Jobs, but How?
.This sounds good but thequestion becomes wherethe money will come from.If it just adds to the deficitand national debt it couldbe counter preoductive. " Obama will meet with Democratic as well as Republican...
Russia, US in tug-of-war over Arctic resources
.This area could become a focusof dispute between severalcountries during this century.As oil and natural gas suppliesare exhausted elsewhere it iscertain drilling will happenin the arctic. "The U.S.... Trillion is the new billion
I don't even know what to say at this point..."Nov. 24 (Bloomberg) -- The U.S. government is prepared to provide more than $7.76 trillion on behalf of American taxpayers after guaranteeing $306 billion of Citigroup Inc. debt yesterday. The pledges, amounting to half the value... 
This Is Not A Normal Recession: Moving on to Plan B
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...
How to protect yourself in a recession
"Here are some things you can do to protect yourself in a recession:Debt: The government, and Americans as a whole are carrying large sums of debt. The fact is that you can't get to prosperity by borrowing. However, that has not stopped the federal government from increasing...
Chinese FM Leaves Peru On Emergency Call From Home
" China's Finance Minister Xie Xuren was called back from an international economic conference in Peru before the meeting began, following orders from Beijing to help resolve problems at home, an organizer of...
Even Buffet is Loosing Money in Stock meltdown.
No body can predict the market perfectly ,it is dynamic and fast in price discovery.It can suddenly discont and priced the events . " Here's something that might provide a bit of solace amid the plunging values...
Loss of Natural Capital Costs More, Bank Crisis does not stop EU environment ...
Europe the save haven for Environment protection economy during crisis Strange but true: No environment policy no future economy... " Loss of Natural Capital Costs More Than Bank Crisis, Says Expert The...
EU leaders thrash out $2.7 trillion bailout plan
OCT-15: Europe to pledge $ 2 700 billion = $ 2.7 trillion New world financial system video-g.brown The numbers shown go towards a reduction of currencies to... 
U.S. National Debt Clock Runs Out of Spaces
An all-too-fitting reminder of the quantifiable size of America's financial crisis...and the clock is still ticking!"Remember when gas stations ran out of the number "4" to put on their signage when prices...
created by Jarrett Martineau | 1 year ago | updated 1 year ago
1376 views | 8 recommendations | 9 comments
1376 views | 8 recommendations | 9 comments
