Latest News About The Coming Depression

David Rockefeller “We are on the verge of a global transformation. All we need is the right major crisis.”

Posts tagged with the keyword: ‘depression’

Canadian Interest rates set to rise in 2011: Economist

Canadian Interest rates set to rise in 2011: Economist

As predicted by many economists like Peter Schiff, central bank interest rates around the world are beginning to rise, or are predicted to rise in a controlled manner in about 2 years’ time according to the bank of Canada’s assessment of its countries’ economic conditions until 2011 according to Helmut Pastrick, chief economist with Central 1.
2.5% [...]

Economy worse than great depression: Krugman

Economy worse than great depression: Krugman

Paul Robin Krugman (born February 28, 1953) is an American economist, liberal columnist and author. He is Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs, Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times.
He offered a few [...]

US dollar attacked yet again; What the effects are

US dollar attacked yet again; What the effects are

In recent days, there have been a number of articles in the media about the steady decline of the U.S. dollar against the price of gold and other currencies. As many economists have foreseen the possibility of the dollar’s decline against other currencies for some time, most do not understand the importance of this. Some [...]

Former White House Speechwriter Suggests Military Coup Could Oust Obama

Former White House Speechwriter Suggests Military Coup Could Oust Obama

By Paul Joseph Watson
Former White House speechwriter John L. Perry has courted controversy by suggesting that the U.S. Military, upholding their oath to defend the Constitution against domestic enemies, could stage a bloodless coup to oust President Obama.
In an article originally posted on the Newsmax website, Perry wrote, “There is a remote, although gaining, possibility America’s [...]

Could Recessions Be Good For Health? Researchers Say Yes

Could Recessions Be Good For Health? Researchers Say Yes

So why would the return of good times be bad for health?
More economic activity means that people have money to drive a car, which means more likely to die in car wrecks, the researchers theorize. In the 1920s and 1930s, the cars become objects of mass consumption.
With the increasing use of motor vehicles, pollution [...]

Hotel Rates Drop Across North America

Hotel Rates Drop Across North America

Hotels, economically speaking, are of the elastic demand variety of intangible goods in that as income rises, more people tend to rent hotel rooms for vacations and business trips, and likewise as income drops, less people are able to afford to rent a hotel room.
What we are seeing here is the effects that the economic [...]

Police Deputy, Couple Feigns Cancer For Money

Police Deputy, Couple Feigns Cancer For Money

In what appears to be a truely strange tale of how the economic depression we’re currently in is affecting society, a news report came out today reporting that a police deputy out of Marion, Ohio duped his co-workers into giving him money and sick days for what he described as him having a terminal cancer. [...]

Who Is Stimulus Money Going To?

Who Is Stimulus Money Going To?

There is a large amount of the stimulus targeted for low income families. Two things are there:
1. Since Construction workers in the past had a substantial percentage of illegal residents doing the building, how will the stimulus money assuredly end up in American’s pockets?
2. What about the low income housing itself. Will the homes [...]

Interest Rates To Rise Significantly Worldwide

Interest Rates To Rise Significantly Worldwide

It has been predicted by many financial analysts that the interest rates which central banks around the world set their prices at is about to swiftly move upward due to years of keeping them artificially low. The long term effects of artificially keeping interest rates low are well known among sound economists and financial [...]

The US Banking System’s Bankrupt: Roubini, Prechter, Soros

The US Banking System’s Bankrupt: Roubini, Prechter, Soros

Today three heavyweight economic and financial analysts have given their frank opinions on the state of the American financial and banking system, and the news isn’t all that comforting, or as positive as the news outlets are telling the general public. Indeed, one does not even need any so-called expert to tell them that [...]

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