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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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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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One Federal Reserve Chief Gets It
Posted On Wednesday, 07 Apr 2010 By David Westerfield. Under Economics, Video Tags: Alan Greenspan, CNBC, Economics, Federal Reserve, Interest Rates, Peter Schiff, Thomas Hoenig, Video
I couldn't believe my eyes when I read this. A Federal Reserve senior official, Thomas Hoenig, said this today: "I am confident that holding rates down at artificially low levels over extended periods encourages bubbles, because it encourages debt over equity and consumption over savings." Whaa?? Someone in ... Read More
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Milton Friedman on Entitlement Policies
Posted On Wednesday, 24 Mar 2010 By David Westerfield. Under Culture, Economics, Politics, Video Tags: Economics, Entitlement, Interview, Milton Friedman, Video
Nobel Prize winner of economics in the 20th century, Milton Friedman, explains in this old video why entitlement policies, while well-intentioned, are fundamentally flawed at their root. Really wish we would pay attention to even recent history, let alone distant. We're a very short-sighted people.
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Peter Schiff Debates David Epstein of Columbia University
Posted On Friday, 11 Dec 2009 By David Westerfield. Under Economics, Video Tags: Austrian, Columbia, David Epstein, debate, Economics, Federalist Society, Fordham Law School, Keynesian, Peter Schiff, Professor, Senate, University, Versus, Video
Two kinds of economists exist in the world: those who know first-hand the inner-workings of the economy and those who theorize about how they think it should work and implement policies that have the opposite effect intended. That is the story of the difference between the Austrian school of economics ... 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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Economics 101: Case Study … the Past 10 Years
Posted On Thursday, 19 Nov 2009 By David Westerfield. Under Economics, Video Tags: 101, Economics, Peter Schiff, Video
... 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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