“This is exactly the description of what happened in the 1930s, and what followed is not something we are looking forward to.”
Post Tagged with: "double dip recession"
December 1, 2011 12:02
Yesterday’s Stock Market Rally Courtesy of Government Ponzi
The actions of the Central Banks signal how desperate the situation is. Nothing was done to help Greece, Spain or the other insolvent European sovereigns. Yesterday was an attempt to keep the dysfunctional world financial system going awhile longer.
November 28, 2011 05:50
OECD warns of European recession
For the eurozone, the OECD’s predictions are -1% this quarter, and -0.4% next. The group also revised down its forecast for global economic growth to 3.8% this year and 3.4% next year. – BBC
November 23, 2011 08:04
Soft-Landing Nonsense – Global Recession is Here
Should central banks step in, watch for gold, crude, and oil prices to rise, and little else to happen. Central banks and world governments have applied so much totally useless Keynesian and Monetarist stimulus to prevent the inevitable, there may be no landing at all (soft or hard), until a global crash.
November 15, 2011 07:40
Chance of 2012 US recession tops 50%
European debt problems in Greece and Italy could drag down the US economy. Italy’s $2.4 trillion debt is a ruinous milestone which could trigger sovereign bank failures. Promised austerity measures will impact trading. Europe accounts for 21% of US exports.
October 11, 2011 09:17
Double-Dip Recession a Foregone Conclusion: Roubini
“The question is not whether or if there is going to be a double dip, but whether it’s going to be mild or severe with another financial crisis,” Roubini told CNBC
October 3, 2011 04:57
Obama confuses public with “Buffett” rule
Warren Buffett says that his plan differs from Obama’s plan. Jake Tapper points out the difference.
September 22, 2011 20:09
Dr. Doom is gloomy – “Economy already in recession”
Noriel Roubini is celebrated for having predicted both the collapse of the United States housing market and the worldwide recession which started in 2008. Roubini’s outlook on the economy has earned him the nickname Dr. Doom.
August 29, 2011 08:38
US In Recession Right Here, Right Now
The US is in a recession now. I am not the only one who thinks so.
August 23, 2011 07:21
“Spooky Dude” Soros says double dip recession less in doubt
Billionaire leftist financier and Obama supporter George Soros is not happy with Obama’s handling of the economy and says the markets are predicting a double dip recession in the US. Soros has used billions to fund leftist groups in the US and influence elections.
