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When Ends the Recession?
Answer: the recession ends when its work is done. This implicates that the mistakes made in the past must have been corrected before the recovery process is finished. The bubble economy must have been destroyed and... Big Ben is no Hero
The media do believe us the newest hero is Ben Bernanke. Probably their mind and many others come from another planet. And were not on Earth when Big Ben acted in the past. He became popular as the Helicopter Ben*... 135 views | 24 recommendations | 8 comments
No Green Shoots
The feds’ stimulus program would hold unemployment below 8% in 2009. This year, yet not half passed, the rate is already 9.5%.Then, was said the numbers were getting better each month, inevitably leading to a... HSBC Bank Shutters Branches as Global Recession Intensifies
Sunday May 17th 2009 UTILA
HSBC Bank is closing branches in Honduras only two years after taking over Banco Grupo Ahorro Hondureño in 2007.
Once thought to be most powerful bank in the world The Hong Kong...
created by utilaeastwind | 27 wks ago | updated 27 wks ago
361 views | 10 recommendations | 4 comments
361 views | 10 recommendations | 4 comments
Malaysia's New PM Unveils Cabinet
Malaysia's new premier unveiled his cabinet Thursday to face the challenges of severe global recession.Datuk Seri Najib Razak,Malaysia's sixth prime minister,streamlined the ministerial posts from 32 to 28,keeping... 449 views | 20 recommendations | 0 comments
ECONOMY-SRI LANKA: Conditions Worsen For Women Workers
Women garment workers in Sri Lanka are paying a heavy price for the global recession. The biggest foreign exchange earner in this country is export of garments to the US and Europe. With the financial difficulties in these sectors, orders for garments have... 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... 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... Oniomaniacs Could Save the Global Economy
Addiction is usually a bad thing but there is one type of addict that may save the global economy... the Oniomaniac. No, Oniomaniacs are not addicted to onions, although judging by their name that would... Bigshots say DUMP U.S Dollars and Gov’t bonds
" Singapore Bigshot says DUMP U.S Dollars and Gov’t bonds Jim Rogers, chairman of Singapore- based Rogers Holdings, said investors should be “worried” about the U.S. dollar, and recommended selling government bonds.“If I were you, I would be worried about the U.S.... Incremental Economic Solutions: Too Little, Too Late?
The Economist has a neat little article about the current economic crisis, so long in the making and with such seat-of-the-pants solutions attempted. "Seeing the threat to the world economy’s vital functions, the policymakers have been working overtime. Interest rates have... Markets Down amid Layoff Announcements
Following yesterday's Dow Jones plunge, markets around the world have been reeling. The manufacturing outlook is dire, and even more layoffs were announced in the manufactuting sector. (see below)."London's FTSE...
created by Jordan Yerman | 1 year ago | updated 1 year ago
128 views | 0 recommendations | 0 comments
128 views | 0 recommendations | 0 comments
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