Tag Archives: unemployment

FLATTENING YIELD CURVE PORTENDS RECESSION

Reading time: 2,720 words, 9 pages, 6 to 10 minutes. “Events are converging ominously this summer in the direction of unwinding expectations and serial train wrecks of finance and politics,”  writes James Howard Kunstler. [Link] In normal times, long-term interest rates … Continue reading

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Non-Recovery Alert

Reading time: 2,800 words, 10 pages, 7 to 11 minutes. The ass media’s “Recovery” propaganda is on steroids lately. As I’ve long said, we cannot pretend our way out of trouble. That the ass media propaganda machine is trying so … Continue reading

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Posted in Collapse 2013, Economic Collapse | Tagged , , , , , , , , , | 4 Comments

Massive Worldwide Downturn Alert

Reading time: 4,380 words, 10 to 17 minutes. Another massive economic downturn is underway worldwide that will plunge the entire globe into another Greater Depression. Here we’ll focus on the U.S. downturn that has also begun in Canada. In the … Continue reading

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Posted in Collapse 2012, Economic Collapse | Tagged , , , , , , , , , , | 6 Comments

Collapse Update – Autumn 2012

Reading time: 4,357 words, 10 to 17 minutes. After more than four years of financial crisis, none of the major causes have been addressed let alone fixed and the over-indebted global economy continues piling on more and more debt while, … Continue reading

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Mr. Global Economy – The Economic & Psychological Prognosis

Reading time: 2,516 words, 6 to 10 minutes Satyajit Das, who I consider one of the high priests of Finance, wrote the following hard-hitting global economic prognosis on the Prudent Bear. I re-print his introduction below with a link if … Continue reading

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Brief Collapse Update – September 16, 2012

Reading time: 2,700 words, 6 to 11 minutes. Ok, not so brief. There has been much in the news this week. U.S. QE 3 – Unlimited Bond Purchasing As I expected, Helicopter Ben Bernanke, U.S. Fed Chairman announced another round … Continue reading

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Posted in Collapse 2012, Economic Collapse | Tagged , , , , , , , , , , | 6 Comments

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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