Buffett's gloomy economic predictions

The Oracle of Omaha says the worst is yet to come. " Warren Buffett doesn't see the "green shoots" Ben Bernanke and other bullish investors have spoken of in recent months. In fact, the billionaire investor...

Inflation Worse Than Financial Crisis

On my latest post ‘Obama’s Car Business’ Paschen commented:“A lot of money that has been burnt for nothing, and still no reforms in sight. Tax payer will have to pay for all this for decades and maybe...

Bear market trap

The terms bull market and bear market respectively describe upward and downward movements of a market over a prolonged period of time in which prices rise or fall faster than normal. The expressions "bullish" and...

Den of Thieves - How the Fed Silently Steals Our Wealth

As I watched this crisis unfold I kept reading about how the Federal Reserve continually robs average citizens of their wealth through the process of inflation. The concept always sounded plausible, that the Fed was secretly stealing money from the public, but the more I...

EVILS OF A PUBLIC CENTRAL BANK AKA THE USA FEDERAL RESERVE

""A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army...We must not let our rulers load us with perpetual debt." Thomas Jefferson,One of the...

Today April 15 2009, is Boston Tea Party Day All Over the USA

TODAY, APRIL 15 2009, IS BOSTON TEA PARTY DAY ALL OVER THE USA THE ORIGINAL BOSTON TEA PARTY WAS A REVOLT BY THE PEOPLE AGAINST THE THEN CURRENT GOVERNMENT, THE BRITISH CROWN. THIS WOULD-BE GROUP OF USURPERS, A GROUP OF DISCONTENTED COLONISTS INTENDED TO DISPLAY TO THEIR...

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...

'Helicopter Ben' Reborn as 'Banana Ben' Bernanke

Ben Bernanke earned the nickname "Helicopter Ben" for comments he made in a November 2002 speech, Deflation: Making Sure "It" Doesn't Happen Here, delivered at the National Economists Club in Washington, D.C. More...

Indian Inflation Dangerously under control, touched 0.44%

Indian goverments fight against the Inflation started paying dividend just before the election season.It is strange and doubtful that how inflation is under such control after being on deacdal high, jusy before the election.It is concern for the voters or the concern for the...

India tops world hunger chart

Despite consistent economic growth over last many years, India is failing to provide proper food to its malnourished population. India's 230 million rural people are undernourished. This is the highest for any...

What really has cooked the world economy and layoffs?

Major portion of the world live in poverty. Unequal distribution of economic growth led to limiting purchasing power to limited people in the world. Whereas number of industries grew created heavy competition to attract limited number of customers by...

Foreign buyers no longer binging on long-term U.S. debt

The lack of foreign investment in long-term US assets is not going to go up anytime soon according to a leading trade economist. Some experts say that this is a necessary part of the 'rebalancing' of an economy on the downward trend as the US trade deficit is unsustainable,...

UK Inflation falls to 3.1%

As economic troubles continue to pile on the UK, today it was announced that inflation fell by less than expected in December, to 3.1 percent. However economists are still predicting that the UK will see deflation at some point this year, with prices steadily decreasing.b "...

Venezuela faces racing inflation, slowing growth

" Analysts predict Venezuela's economy is headed for a worse year than the government admits, as falling oil prices stall growth and inflation soars in the import-dependent country. Venezuela saw growth of 4.8 percent in 2008 - down nearly half from 8.4 percent in 2007 - as...

Zimbabwe Inflation: Poor Millionaires

Below is the story of a man who just cannot spend his $100 million... of course, those are Zimbabwean dollars we're talking about, and Ray Mwareya is victim to the latest knock-on effect of Zimbabwe's rampant...

closeSign in to NowPublic

is reporting from