Last Updated Stories in economic meltdown

Restore Money Creation to the People- The Power Belongs to Us

George Washington discusses the need for a new model for our monetary system and looks at some alternatives. One noteworthy model that has already proven successful: the State of North Dakota is the only one in the...

U.S. Society Headed for Major Crisis

A five-part report by David DeGraw on the economic meltdown fallout and the factors that contributed to it. Essentially, the people of the U.S. and the world are suffering now and facing worse times due to the...

India, China and Australia on economic recovery fast-track: IMF

The Washington based International Monetary Fund (IMF) on Thursday said that the three economies of India, China and Australia were recovering at a especially rapid pace, which suggests that there would be...

"FINACIAL CLOWN" - debut music video from "The Fools"

"FINANCIAL CLOWN" debut music video from "The Fools"

1999 NY Times Article Foretells Current Economic Meltdown

This is a blog post I wrote after coming across an article the New York Times had published in 1999, just after the passage of the Gramm-Leach-Bliley Act, which Republocrats are trying to avoid talking about, but...

Rally on world stock markets - Glimmer of recession recovery?

There are a few sparks that could show that the present recession is bottoming out the US report yester day that the consumers are still buying the latest statistics show that sales are only down 1.5 % that was...

Some one put me in my place - Yep! I am an interfering nobody

I some times send comedy related emails, concerning the British way of life or British related problems and receive a few comedy emails back from my British friends. Now as in the USA and elsewhere in the world...

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...

Japanese waste treatment plant recovers gold from sewage

A sewage treatment facility in Central Japan is recovering more gold per year from processed sewage than some of the country’s biggest mines can yield. The plant has reported recovering almost 2 kg of gold per...

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....

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...

Trend Alert: U.S. Has Entered “The Greatest Depression”

" Paul Joseph Watson Tuesday, March 3, 2009 Trends research analyst Gerald Celente, who has risen in prominence on the back of his deadly accurate economic predictions, says that the collapse of financial markets heralds the start of “The Greatest Depression”. In his...

Fresh evidence points to paralysis of global economy

"Data from US and Japan triggered fears that the downturn has turned into the worst slump since the 1930s! Larry Elliott, economics editor guardian.co.uk The sharpest contraction in US growth for more than a quarter of a century, a collapse in Japanese factory output and an...

Pepsi and IBM are Now More Creditworthy than the U.S. Government

" Agora Financial’s Rude Awakening notes that the U.S. Government is now considered less credit-worthy than Pepsi or IBM by the credit default swap market: "As the nearby chart indicates, the price of insuring Treasury debt against default now costs more than the price of...

Trend Alert: Global Systemic Crisis, Geopolitical Dislocation!

" By Leap2020 GEAB N°32 is available! 4th quarter 2009 – Beginning of Phase 5 of the global systemic crisis: phase of global geopolitical dislocation - Public announcement GEAB N°32 (February 16, 2009) - Back in February 2006, LEAP/E2020 estimated that the...

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