Category Archives: Collapse 2012

Brief Collapse Update – September 9, 2012

Reading time: 1,946 words, 5 to 8 minutes. Last week was notable in that three of the world’s most powerful so-called leaders failed to announce anything new about the continuing global economic meltdown. Unfortunately, all they did was confirm my … Continue reading

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Labor Day and the Leadership Crisis

Reading time: 2,685 words, 6 to 11 minutes. This is a tribute to ordinary working people. Labor Day is an appropriate time to examine the vast gulf of understanding between ordinary working people and our so-called leadership. Events over the … Continue reading

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Posted in Collapse 2012, News & Views | Tagged , , , , , , , | 2 Comments

Collapse Update – Summer 2012

Reading time: 10,900 words, 25 to 40 minutes The global economy is entering another recession and this time it will be longer, deeper and more painful than the last one. Even the ass media is beginning report on the global … Continue reading

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LIBOR Distraction

Reading time: 1,600 words, 4 to 6 minutes The so-called LIBOR scandal is just a distraction from more critical issues. The story is making its way from the financial blogosphere to the ass media. The insidious decline of global economies … Continue reading

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Money Under the Mattress

Reading time: 457 words, 1 to 2 minutes plus 4:14 video (skip ad) Another historic economic milestone has been reached. The yield on the 2-year German bond is ZERO. I’ll let The Young Turks host Cenk Uygur explain how we … Continue reading

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Economic Insanity – brief update May 9, 2012

Reading time: 950 words, 3 to 4 minutes As expected, the incumbent French President Sarkozy has been ousted by left-wing Hollande who vows an end to austerity. Greece is left with messy minorities in Parliament elected by Greeks fed up … Continue reading

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The Last Canadian Penny

Reading time: 830 words, 2 to 3 minutes. The last Canadian penny rolled off the presses today; a testament to the demise of our money and the insidious effects of inflation and the magic of compound interest that you’re not … Continue reading

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Posted in Collapse 2012, Economic Collapse | Tagged , , , , , | 2 Comments