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Category Archives: Economic Collapse
Bailout while you can
Reading time: 467 words, 1 to 2 minutes. Originally sent as an email to family and friends August 13, 2007. I’m posting this because I’m tired of hearing the refrain, “Who could have seen this coming?” I’m not the only … Continue reading
Posted in Collapse 2007, Economic Collapse
Tagged derivatives, gold, liquidity, liquidity bubble, Silver, sub-prime
3 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
Cosmic rays, global warming, bubbles and droughts
Reading time: 935 words, 2 to 4 minutes plus a 300 year list of sunspots . . Bailout while you can Reading time: 467 words, 1 to 2 minutes Originally sent as an email to family and friends April 14, … Continue reading
Posted in Collapse 2009, Economic Collapse
Tagged bubbles, cosmic rays, droughts, sunspots
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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
Posted in Collapse 2012, Economic Collapse
Tagged Economic Collapse, financial collapse, financial crisis, Libor
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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
Posted in Collapse 2012, Economic Collapse
Tagged Economic Collapse, financial collapse, Greater Depression
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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
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
Posted in Collapse 2012, Economic Collapse
Tagged inflation, last Canadian penny, one cent coins, penny, royal canadian mint, zinc content
2 Comments
Economy Face Off: Ron Paul vs Paul Krugman
Reading time: 300 words, 1 minute Bloomberg video: 20 minutes In this debate between U.S. Congressman Ron Paul and New York Times columnist and professor of economics Paul Krugman, I’ll let you decide what a pack of imeciles the Nobel … Continue reading
Posted in Collapse 2012, Economic Collapse
Tagged debt, Economic Collapse, financial crisis, Greater Depression, liquidity, Paul Krugman, Ron Paul, solvency
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H.L. Mencken Was Right – The Burning Platform
Reading time Blog: 473 words, 1 to 2 minutes Linked article: 2,473 words, 6 to 10 minutes Every so often I come across an article that is so astute and hard-hitting that I wouldn’t dare try to summarize it or … Continue reading
Collapse Update – Spring 2012
Reading time: 2,500 words, 6 to 10 minutes John Williams developed a chart that graphically demonstrates how the mightiest economy in the world is collapsing. I’ve mentioned several times that the so-called GDP growth of the U.S. does not take … Continue reading
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