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The U.S. recession is not over yet
In recent months the U.S. stock market has recovered much of the earlier losses from the financial crisis. What is more, GDP growth has been observed for the first time in a year. According to a survey this month... Deflation Sources
The problem is debt. Too much debt in the private sector set off bear markets and a bank crisis. Too much debt in the public sector will cause big problems too - a default, and finally hyperinflation, which is... Recovery Impossible
The G20 in Pittsburgh will extensively talk about the durable economic recovery that is on its way, however much more work needs to be carried out specifically on European banks if the EU is to avoid years of... Obama Sin Laden On the Road to Destruction
Obama Sin Laden not to confuse with Osama Bin Laden. Sin is Spanish for without and Laden is German for Shop. On the road to Destruction there won’t be any profitable Shop left, as meanwhile thousands of... 117 views | 25 recommendations | 2 comments
Recovery Wishful Thinking
Recovery is a Wishful Thinking that won't happen soon.Cash for clunkers and any other stimulus plans are stealing future business. People that bought now under the program would have bought next year of... The end of the recession isn’t near
People are facing an avalanche of debt that is about to wipe out millions of consumers. The government has been recklessly borrowing and spending for too long. But President Obama has accelerated this recklessness... 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... 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
Memories are short lived
Just to remind what recently has happened, there was:• The biggest stock crash in history• The biggest property crash in history• The biggest deficits in... The U.S. is a Ponzi Nation
Bernard Madoff has his followers: The United States now also is in a Ponzi scheme. It must bring in new money to pay the interest on the old borrowed money. And every day that passes the amount that cannot be paid... Zimbabwe: The Hollow State
"Three weeks ago Tama Muru from the BBC asked me if I thought Zimbabwe would explode. At the time I said, "No." Was I wrong?"Zimbabwe: Recovering the irrecoverable
"Anti-capitalist demonstrators around the world should be celebrating. Robert Mugabe's government has taken those against free markets at their word. Over 1,300 business owners have been arrested across Zimbabwe. Their crime? Raising prices..."imp terms
"FORTAN:(Formula Translator) A high level programming language used mainly to solve scientific and engineering problems G-77: The Group of 77 (G-77) was established in 1964 by seventy-seven developing countries signatories of the "Joint Declaration of the Seventy-Seven...
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