[I]t warned that the world remains at risk of collapsing into a slump that would rival the Great Depression – with ‘acute risks in Europe’ the major threat. – Mail Online
Post Tagged with: "double dip recession"
April 20, 2012 05:59
Very Scary: YOU AIN’T SEEN NOTHING YET
Hope is not an option. There is too much debt, too little cash-flow, too many promises, too many lies, too little common sense, too much mass delusion, too much corruption, too little trust, too much hate, too many weapons in the hands of too many crazies, and too few visionary leaders to not create an epic worldwide implosion.- The Burning Platform
April 17, 2012 05:45
Another Oil Price Shock, Another Global Recession?
Studies show that historically, around 90% of US recessions post World War II were preceded by oil price shocks. The most recent occurrence took place when oil more than doubled in price from January 2007 to July 2008 due to a sharp increase in Chinese demand. The pullback of US consumer and corporate spending already put a drag on economic growth before the subprime-induced financial crisis closed the deal on the Great Recession.
April 6, 2012 07:45
19 Signs Of Very Serious Economic Trouble On The Horizon
Right now the U.S. government can still borrow trillions of dollars at super low interest rates thanks to games being played by the Federal Reserve. But it is simply not possible for this Ponzi scheme to last too much longer. When it ends, the pain will be extremely great.
April 2, 2012 05:00
Eurozone in recession – unemployment hits new high
“It looks odds-on that eurozone GDP contracted again in the first quarter of 2012, thereby moving into recession,” said Howard Archer, chief European economist at IHS Global Insight. – BBC News
March 26, 2012 07:06
Beginning Of The End For The Petrodollar? Saudi Arabia And China Team Up To Build A Gigantic New Oil Refinery
The level of prosperity that we are enjoying today would not be possible without the petrodollar system. Once the petrodollar system collapses, a lot of our underlying economic vulnerabilities will be exposed and it will not be pretty.
February 20, 2012 04:45
Many Of You Will Not Believe Some Of The Things Americans Are Doing Just To Survive
Most Americans have absolutely no idea what is going on in the dark corners of America, and when people find out the truth it can come as quite a shock.
February 14, 2012 08:34
20 Things We Can Learn About The Future Of America From The Death Of Detroit
The American people are terribly spoiled and they do not possess the character to handle depression-like conditions with grace and dignity. In the years ahead, we are going to see rampant rioting and looting in our major cities. The crime sprees that we will witness in future years will be absolutely unprecedented.
December 26, 2011 10:16
A Very Scary Christmas And An Incredibly Frightening New Year
The truth is that we are rapidly approaching another financial crisis that may end up being even worse than the horrific crash of 2008.
December 16, 2011 08:13
IMF warns that world risks sliding into a 1930s-style slump
“This is exactly the description of what happened in the 1930s, and what followed is not something we are looking forward to.”
