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Category Archives: Collapse 2011
Collapse Update December 2011
Reading time: 4,546 words, 11 to 18 minutes I was going to write an update for December but there isn’t much to say that hasn’t already been said. The good news is I’ve finished my Christmas shopping so I plan … Continue reading
Alert: China Crash
Reading time: 670 words, 1.5 to 2.5 minutes The China boom is ending and will impact the global economy. The news coming out of China indicates the Chinese economy is slowing down. China’s 2009 stimulus spawned excessive speculation in construction … Continue reading
Posted in Collapse 2011, Economic Collapse
Tagged China, collapse, Economic Collapse, Great Depression
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U.S. Electile Dysfunction
Reading time: 1021 words, 2.5 to 4 minutes Someone finally came up with a name to describe the American 2012 election: Electile Dysfunction: the inability to become aroused over any of the choices for President put forth by either party … Continue reading
“Super Committee” Failure?
Reading time: 839 words, 2 to 3 minutes Beware Wednesday, November 23! If you’re planning cash withdrawals or financial transactions such as selling stocks or bonds or whatever – do it before Wednesday. That’s the deadline for America’s “Super Committee” … Continue reading
Trader on the BBC says Eurozone Market will crash
I haven’t done a Collapse Update for a couple months because events are unfolding the way I forecasted over the last four years so there isn’t much new to add. And, I hate to say, “I told you so” so … Continue reading
Posted in Collapse 2011, Economic Collapse
Tagged collapse, Economic Collapse, Eurozone, financial collapse
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Economic Collapse ALERT
No, it’s not the end of civilization just yet. However, the U.S. and, by extension, the global economy which is intimately affected by the Amerikan one, just took a major hit with Standard & Poor’s (credit rating agency) downgrading the … Continue reading
U.S. Budget Charade
The AmeriKan budget debate charade is completely meaningless. The debt ceiling has already been raised a hundred times in the past. The debt ceiling itself is a pathetic joke. It is a self-imposed ceiling that the imposers keep changing as … Continue reading
Posted in Collapse 2011, Economic Collapse
Tagged budget debate, Congress, Obama, political theatre
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American Budget Insanity
Breaking News Alert The New York Times Saturday, July 23, 2011 — 4:05 PM EDT —– Boehner Says Work Has Begun on New Debt Deal to Cut $3 Trillion to $4 Trillion Hoping to reassure markets in the wake of … Continue reading
Economic Collapse
I’ve been writing commentary on the global economic collapse since 2007. We are about to enter the 2nd phase of the downturn after this summer followed by a complete currency collapse in perhaps two years. The trouble with the inevitable … Continue reading
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