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: ‘economy’

USA Today posts biggest drop; Canadian Canwest fate similar

USA Today posts biggest drop; Canadian Canwest fate similar

People are increasingly getting their news from the Internet and television, and newspapers. Instead of walking outside to pick up whites and blacks easier to warm your Mac or PC or just flip on the TV.
While the role of a newspaper may be made by internet, it would not be surprising to see that people [...]

Death of the Dollar, Again: Before You Mourn, See This Chart

Death of the Dollar, Again: Before You Mourn, See This Chart

The following article is based on analysis from Robert Prechter’s Elliott Wave Theorist. For more insights from Robert Prechter, download the 75-page eBook Independent Investor eBook. It’s a compilation of some of the New York Times bestselling author’s writings that challenge conventional financial market assumptions. Visit Elliott Wave International to download the eBook, free.
By Nico Isaac October 9, [...]

Canadian governments introduce tax increases; protests spur petitions

Canadian governments introduce tax increases; protests spur petitions

Canada’s province of Ontario and British Columbia are setting the stages to introduce harmonized sales taxes across the board in their respective provinces. The several next few paragraphs outline the HST.
Ontario plans a major tax reform that will combine both the provincial and federal sales tax on products and services. The combined tax of [...]

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 [...]

Growing Mob Calls For New Reserve Currency

Growing Mob Calls For New Reserve Currency

Bartering systems look like they could come to the rescue of the United States as it did for Argenina few years ago during their currency crisis and collapse. Fortunately, the economy has nowhere to fall further as the basis of barter. God thank you, we are at the point of bartering for U.S. companies over [...]

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 [...]

Deflation Striking Many Countries; Japan Concerned

Deflation Striking Many Countries; Japan Concerned

Asset prices and prices are falling rapidly as the impact of globalization credit permeates the global economy. Newspaper columnists are beginning to warn against the dangers of deflation.
What happens during deflation?
It’s important to understand that what happens during deflation is not a result of deflation itself. Rather, deflation itself and what happens during deflation are [...]

IT Jobs Will Not Save The Economy: Analysts

IT Jobs Will Not Save The Economy: Analysts

The majority of western economies, for the past 20 years, have been converted over to a service based economy. While economists and think-tanks were hired to push this agenda, businessmen and politicians were busy forging international agreements like the WTO to send our goods producing industries oversees, and leaving these western countries like the [...]

Coming Depression Endangers Touted Free Trade

Coming Depression Endangers Touted Free Trade

Business lobbies and corporate groups have long touted the benefits of free trade, but what is it that they do now know, or do not want the general public to know? Indeed, while academia and business praise the merits of Adam Smith and his idea of “Free trade” as practiced by the British East [...]

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