Category Archives: Collapse 2011

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

Rate this:

Posted in Collapse 2011, Economic Collapse | Tagged , , , | Leave a comment

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

Rate this:

Posted in Collapse 2011, Economic Collapse | Tagged | Leave a comment

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

Rate this:

Posted in Collapse 2011, Economic Collapse | Tagged | Leave a comment

First Iceland, Now Greece Reject Austerity

Last year Iceland told the Banksters to pound sand where the sun doesn’t shine as the world’s oldest democracy (900 years) refused to accept austerity measures by bailing out the foreign bankers who demanded that ordinary Icelandic citizens suffer rather … Continue reading

Rate this:

Posted in Collapse 2011, Economic Collapse | Tagged , , | Leave a comment

Saudi coup brilliant – but our energy costs will increase

This is reprinted from Jim Sinclair in the category Jim’s Mailbox WWW.jsmineset.com June 9, 2011, at 1:42 pm Jim, Dr. Philip Verleger’s knowledge of the oil industry is, in our opinion, second to none. We had seen the announcement and … Continue reading

Rate this:

Posted in Collapse 2011, Economic Collapse

OOPS, I spoke too soon!

Goodness! No sooner did I post my latest Collapse Update on May 30 than we were hit with a barrage of dire economic data two days later. Hey, not my fault. I don’t create it; I just report it. This … Continue reading

Rate this:

Posted in Collapse 2011, Economic Collapse | Tagged , , , , , ,

Collapse Update – June, 2011

Tumultuous Summer Ahead “I’m convinced the US government will go bankrupt, but not tomorrow. Before they go bankrupt, they’ll print money, and then you’ll get very high inflation rates. Then you get a depression with high inflation. Then eventually they’ll … Continue reading

Rate this:

Posted in Collapse 2011, Economic Collapse | Tagged , , , , , , ,