Last Updated Stories in meltdown

India for new initiatives with ASEAN on eco meltdown

"New Delhi: India will make a strong pitch for new initiatives with ASEAN countries to collectively respond to challenges thrown up by the global economic meltdown and climate change during the two day...

Hey let’s help save the World, whilst drinking coffee.

No I am not talking about climate change, but an acceptable New World Order. Well it’s about the money that makes this tired old world go around yes the dirty ragged dollars. Whilst the land of the free has been...

911 Omen Foretells Global Economic & Financial Future

     A once in a millennium kairotic moment occurred on 9/11 of 2001 that still promises to usher in the most profound and fundamental societal transformation of our times.  This earth-shattering event, which truly represents one the primary...

Don't Panic!

Well first we had the financial melt down, the problem started when USA property prices went sky high and properties were used as security for loans. The property market bottom fell out. The value of...

Global economic collapse

These predictions were channeled on April 8, 2009. The topic is GLOBAL ECONOMY. Go ahead with your predictions and commentary. “The watch word for the global economy over the next several years is...

Who owns the debt owns us as well!

I have been very interested in the fact that Governments mainly in the West have bought or bought large chunks of control in the worlds banking system. That many banks did not want to accept the money given for...

Billy Bragg pins market crisis on Thatcher's 80s attack on miners

Billy Bragg opines in the Guardian that Maggie Thatcher's attack on the miners set in motion the calamity that has beset global financial markets today. It's worth a read -- and includes a fascinating BBC video...

Port Mann P3 scuttled by Victoria over lack of private finance

The B.C. Liberal government has ditched plans to build the new Port Mann bridge crossing through a so-called public-private partnership (P3) and will now finance the project directly. That's a dramatic reversal for...

Jessica Simpson has a Michigan meltdown

Thursday night in Michigan Jessica Simpson opened for Rascal Flatts, but just barely.  After garnering some unwanted press over her noticeable weight gain, Simpson stumbled her way through an unfortunate...

World credit crunch makes local P3 projects risky propositions

The Vancouver Sun has published a major feature that raises serious questions about the financial health of privately-financed infrastructure projects in British Columbia.The investigative report comes a day...

A foreshaddowing of impending US economic doom from 52 years ago

opinion I read Rand in university.  At the time I was called all kinds of nasty names by all my professors (except those enlightened economic profs).  The common sense of her philosophy drove some to dismiss her as "pop psychology", favoring the social...

With Nearly $9 trillion in Cash, Consumers Can Rescue Economy

When I was young talk about millions of dollars impressed me.  When I was older talk about billions of dollars dismayed me.  Now, regular talk about trillions of dollars, especially government spending, nauseates me.  People never seem to learn that they...

BC P3 banker embroiled in Italian bond scandal

Depfa Bank, a major lender to public infrastructure projects in British Columbia, has found itself embroiled in a major bond scandal involving Italian local governments, according to The Telegraph newspaper. The...

Insider trading investigated at bank linked to BC P3s

Hypo Real Estate (HRE), the real estate and public finance bank linked to several high profile government projects in British Columbia, is being investigated by German prosecutors for suspicion of insider trading....

Houses of God Turn to Chapter 11 in Book of Bankruptcy

Amidst a nationwide recession, financial credit meltdown and foreclosure crisis, churches also are praying that they can meet their next mortgage.  "The era of easy credit has begun taking its toll on even the...

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