Tag Archives: financial crisis

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

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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

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Rearranging the Deck Chairs on the U.S. Titanic

As usual, most of the news comes from the U.S. because that’s where the economic melt-down continues in earnest. News from Europe shows that their peripheral countries’ economies are still collapsing especially Ireland and Greece. And, Canada’s economy, largely dependent … Continue reading

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So whadya expect during the collapse of western civilization

            Forty years ago, I used to say this as a joke, “So whadya expect during the collapse of western civilization?” About ten years later, it wasn’t quite so funny anymore because I began to see the consequences of Nixon’s … Continue reading

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America: Banana Republic

      I date the beginning of out current economic woes three years ago – to the collapse of two of Bear Sterns’ hedge funds although, as you’ll read below, the slide actually started with the infamous terrorist attack on 9 … Continue reading

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Collapse Update – Oct. 18, 2009

            We are being told that no one could see this economic downturn coming and that it was a “Black Swan” event . However, we are told many lies. That is just one of many.             “This crisis is … Continue reading

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Eye of the Hurricane – Feb, 7, 2010

Hurricane – a powerful storm system characterized by thunderstorms, strong winds and heavy rain. The “Eye of the Hurricane” is an area in the middle of the hurricane that is abnormally calm and free of clouds that is surrounded by … Continue reading

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The Coming Collapse of the U.S. Middle Class – Nov. 14, 2009

FYI – Elizabeth Warren, Harvard law professor gave this lecture as part of the Jefferson Memorial Lectures at the University of California, Berkeley Graduate Council entitled, “The Coming Collapse of the Middle Class: Higher Risks, Lower Rewards and a Shrinking … Continue reading

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Collapse Update – April 2009

    Disclaimer: I’m not an investment advisor and this article is for commentary only. For specific advice you should consult your own investment professional. Insanity Rules      “The study of money, above all other fields in economics, is one in which … Continue reading

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December 2008 Crash Update – Dec. 20, 2008

So much has happened lately that’s it’s difficult to know where to start. So much has happened lately that it’s difficult to keep up with all the news. There’s lots of news. Much of this will not be in the … Continue reading

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