Consumers Still Aware of Impending Doom
10% Savings Rate + Consumer Spending at 65% of GDP = Retail Disaster Jim Quinn Minyanville Now that the Wall Street Journal, New York Times,…
10% Savings Rate + Consumer Spending at 65% of GDP = Retail Disaster Jim Quinn Minyanville Now that the Wall Street Journal, New York Times,…
Stimulus leaking out of the West’s stagnant economies is flooding into emerging markets, playing havoc with their currencies and economies. Ambrose Evans-Pritchard Telegraph Brazil, Mexico,…
Demonstrations planned in Brussels and dozens of European cities against austerity measures Madrid protests – Paul White/AP Ian Traynor Guardian The cities of Europe are…
Ellen H. Brown Web of Debt While local banks are held in check by the new banking czars in Basel, Wall Street’s “shadow banking system”…
Henry Blodget Business Insider Bank of America has been busted using some seriously outrageous tactics to try to collect debts so small they’re barely worth…
John Galt Activist Post I wrote an article a while back titled 5 Reasons NOT to Pay Your Credit Cards. Understandably, many e-mails came in…
Karen Roche, The Gold Report As the world sinks deeper into what he calls the Greater Depression, Casey Research Chairman Doug Casey sees default on…
Britain’s public sector net borrowing posted a record high for the month of August as interest payments on government bonds shot up because of higher…
Sack – Star Tribune Gregory Bresiger News.com.au THE actual figure of the US’ national debt is much higher than the official sum of $US13.4 trillion…
Gordon T. Long LCM Groupe – Tipping Points The United States is facing both a structural and demand problem – it is not the cyclical…
David Galland, Managing Director Casey Research Just last week, it was reported that the turnout for the Democratic primary was the lowest in 80…
Tavia Grant Globe and Mail The recession may be officially over, but six in 10 Canadians are still surviving from paycheque to paycheque, a national…