There’s still a 100 percent chance the world heads into recession, Marc Faber, publisher of “The Gloom, Boom & Doom Report,” told CNBC’s “Closing Bell” on Thursday, echoing a call he made in May. – cnbc.com
Post Tagged with: "recession"
August 23, 2012 08:50
Another Recession Is Imminent
In the middle of this fiscal disaster, the government has no budget. That’s right .. The [Democrat] Senate failed to produce a budget for the third year in a row.
August 21, 2012 08:50
Hitchhiker’s Recovery
Our so-called “recovery” is slower than Japan’s during its Lost Decade.
August 17, 2012 14:57
Economic collapse is inevitable, here’s why…
The numbers don’t lie. At this point, the dollar crash is unavoidable… far from an exaggeration this is a mathematical certainty. As repelling as that sounds, it’s in your own best interest to learn just how bad the situation is. – Crisis HQ
August 1, 2012 05:30
Obama’s Calculated Deception
The Obama campaign is trailblazing new realms of dishonesty in the history of American politics, bringing to America for the first time Soviet-style propaganda that flies in the direct face of reality, buttressed by dishonest, party-controlled media operations.- American Spectator
July 26, 2012 19:41
Double dip recession looms as Europe tanks
Can we afford four more years of economic suicide? Of redistribution of wealth? Of an inexperienced community organizer? Of generational theft? Of record deficits and debt? Of campaign contributor payoffs in the billions of dollars? Of hiding documents on government murder and corruption? Of failed international leadership? Of dissing our allies and bowing to our enemies? Of $13 MILLION per green job programs? Of national security leaks for campaign imaging? Of ignoring the law and the will of the people? Four more years of a Marxist in the White House?
July 24, 2012 03:54
Growth slowing down everywhere
It could get much worse if we hit the “fiscal cliff”: A combination of expiring tax cuts and slashed federal spending set for Dec. 31 would cut the federal budget deficit by an amount equal to 4 percent of U.S. gross domestic product, throwing millions of people out of work if Congress doesn’t stop them. – Business Insider
July 2, 2012 03:45
Global recession could lead to $60 oil
Throw in the fact that it seems everybody (governments as well as consumers) is in debt, nobody has any money, credit issues are becoming increasingly burdensome to deficit financing to artificially stimulate growth via the government intervention route, all these factors are forming a perfect storm for the oil market to face some major headwinds for the next 5 years.
June 20, 2012 05:13
Twenty-Nine Reasons to Be Angry And/Or Scared – Still
If you’re not both angry and scared at the world’s current situation, you’re not paying attention.
May 23, 2012 04:52
US could fall off a “fiscal cliff”
The US economy could go in to recession, shrinking at a rate of 1.3% in the first half of 2013, the Congressional Budget Office said. – BBC News
