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> Interesting links I've found lately
US in Depression and What it Means for the Church in America
Posted On Monday, 05 Jul 2010 By David Westerfield. Under Business, Economics, Theology Tags: Ambrose Evans-Pritchard, American Church, Bride, christ, church, CNBC, Deflation, Deflationary, depression, Dow Jones, Economics, economy, Gold, Great Depression, John Hendryx, Keynesian, New York Times, Pattern, Paul Krugman, Refined, Third
The 'D' word is being uttered in the mainstream now. Despite whatever the media says concerning the 'jobless recovery' we're in (which is a complete oxymoron) or the 'summer recovery' we've begun that Obama touted as truth last month, all indicators are pointing to the fact that the US is ... Read More
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Credit Crisis Was a Gigantic Ponzi Scheme, on the Scale of Enron x1000
Posted On Friday, 02 Jul 2010 By David Westerfield. Under Business, Economics, Video Tags: Davidowitz, depression, Economics, economy, Financial Terrorism, Greatest Depression, Third, Video, Yahoo
It seems this message is becoming more mainstream these days. It's about time. Max Keiser is right to call this financial terrorism, especially in light of the fact that we, the tax payers, have bailed them out while everyone else is suffering from their dealings, and as a result, they ... Read More
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Situation Vastly Worse Than Two Years Ago in the Global Markets: Taleb
Posted On Thursday, 10 Jun 2010 By David Westerfield. Under Business, Economics, Video Tags: Black Swan, Cancer, Cancerous, CNBC, Debt, Exploding, Global, Markets, Nassim Taleb, Situation Worse
http://www.cnbc.com/id/37610064
... Read More
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This kind of makes me sick at my stomach. Just as a study is released within the past several months indicating genetically modified soy has been linked to sterility and infant mortality in hamsters (and thus likely humans as well), DuPont has been approved by the USDA to begin production ... Read More
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European History Repeats Itself
Posted On Friday, 14 May 2010 By David Westerfield. Under Business, Economics, News, Politics Tags: Ambrose Evans-Pritchard, Angela Merkel, Authoritarian, britain, collapse, Commission, Currency, Debt, Deflation, Denmark, ECB, Economics, EMU, EU, Euro, europe, European, European Central Bank, European Union, France, Germany, Ireland, Netherlands, Stimulus, Telegraph, UK
"Europe's fiscal Fascism brings British withdrawal ever closer" - Ambrose Evans-Pritchard - Telegraph
"Just when you thought the EU could not go any further down the road towards authoritarian excess, it gets worse." - Ambrose Evans-Pritchard
Things are spinning out of control in Europe, economically, fiscally and socially. German Chancellor Angela Merkel ... Read More
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Debt Contagion Picking Up Steam
Posted On Wednesday, 28 Apr 2010 By David Westerfield. Under Business, Economics, Politics Tags: 68%, Ambrose Evans-Pritchard, britain, CNN, collapse, Contagion, Debt, Economics, Economists, economy, Greece, Ireland, Italy, Money, Politicians, Politics, Portugal, Ratings, S&P, Spain, Telegraph, UK, US
And so the contagion spreads ... first, Latvia's economy (and government) collapses not that long ago, then Greece and Portugal's ratings were cut by S&P yesterday, and now today, Spain was cut. And the question is, how much longer before we realize we're a lot closer than ... Read More
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Economic Predictions for 2010
Posted On Sunday, 27 Dec 2009 By David Westerfield. Under Business, Economics, Video Tags: 2010, Audio, Dr. Bubb, Hampton, Jim Rogers, Michael, Mike, Mish, Predictions, Shedlock, Video
Not pretty scenarios. Government spending has thrown free market mechanism's into distortion and disarray. So it should shape up to be an interesting year.
There are various takes on how everything will pan out. The MSM (main-stream media) paints everything as a rosy picture: we're coming out of the recession and ... Read More
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The Real Issue with Dubai’s Debt
Posted On Friday, 27 Nov 2009 By David Westerfield. Under Business, Economics Tags: Debt, Dubai, Economics, Gerald Celente, Jeremy Warner, Moody's, News, Peter Schiff, Sovereign Debt, Telegraph, Unsustainable
Dubai is just a harbinger of things to come for sovereign debt - Jeremy Warner
These are the exact things Peter Schiff and Gerald Celente were warning about a while back. The issue with this surprise Dubai news is not that they may default on $80-90 billion in debt (the news ... Read More
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China Risks Moving World Into Greater Recession
Posted On Wednesday, 18 Nov 2009 By David Westerfield. Under Business, Economics Tags: Ambrose Evans-Pritchard, China, depression, economy, Housing, Realty, recession, unemployment
China has now become the biggest risk to the world economy - Ambrose Evans-Pritchard, (bracketed insertions and emphasis mine)
These are headlines you won't ever read, that to me are worthy of true news alerts.
"By holding the yuan to 6.83 to the dollar to boost exports, Beijing is dumping ... Read More
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Russia Today with Gerald Celente on the Economy
Posted On Tuesday, 17 Nov 2009 By David Westerfield. Under Business, Economics, Video Tags: Economics, economy, Gerald Celente, Peter Schiff, Russia Today, unemployment, Video
Gerald Celente discusses the current status of our economy with Russia Today. In posting this, it is not an attempt at fear-mongering, but simply to point out what needs to be heard so we elect leaders who know what they're doing to get us out of this. Frankly, even most ... Read More
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