Economy

(CNBC) – Video: Jim Rogers, Stock Plunge is Just the Beginning! – Video Link Here

(EconomicPolicyJournal) – Fed Set to Go Nuke to Help Bailout Europe

Needless to say this is complete and utter madness. It is extremely inflationary on a global scale.What’s more, outside of banksters, no one in America will benefit from this move. Every one in America will suffer from the ultimate inflationary consequences. Read More Here

(WashingtonTimes) – Stock market time bomb?

Even the world’s most savvy stock-market giants (e.g., Warren E. Buffett) have warned over the past decade that derivatives are the fiscal equivalent of a weapon of mass destruction (WMD) – potentially lethal. Read More Here

(InfoClearingHouse) – Was the Market Pushed? – Danny Schechter

The Wall Street Journal headline on the day after we almost lost the U.S. stock market reported that the wise men on the Street were “baffled” by the big drop Thursday. The Financial Times called the event “Shambolic” as if only a shaman can decode it. Read More Here

(ZNet) – Can the Euro be Saved? – Joseph Stiglitz

The Greek financial crisis has put the very survival of the euro at stake. At the euro’s creation, many worried about its long-run viability. When everything went well, these worries were forgotten. But the question of how adjustments would be made if part of the eurozone were hit by a strong adverse shock lingered. Fixing the exchange rate and delegating monetary policy to the European Central Bank eliminated two primary means by which national governments stimulate their economies to avoid recession. What could replace them? Read More Here

(GlobalResearch) – The Second Wave of the Financial Tsunami – Matthias Chang

I wrote on 23rd November 2009:
“The wave is gathering force and is most likely to hit the global economy between the first and second quarter of 2010. Count on it… The US economy will be spiraling out of control in the coming months and will reach a critical point by the end of the 1st quarter 2010 and implode by the 2nd quarter.” Read More Here

(InternationalForecaster) – Sovereign Debt Crisis: Washington Complicit in Massive Financial Fraud on Wall Street – Bob Chapman

It was 7 years ago we said Fannie Mae and Freddie Mac were bankrupt. Most everyone within the beltway knew it, but no one would say anything about it. This as it now turns out they were the poster companies, which led to sovereign debt problems, but also showed that they were involved in massive fraud over several years and many in Washington knew it. Earnings were fabricated in order to create conditions, so that the officers could collect millions of dollars in bonuses. Part of this scam was engineered by Goldman Sachs, which pushed more than $100 million in earnings into future years. Earnings were structured so that they justified larger payouts for executives. Read More Here

(InfoClearingHouse) – Shadow Inventory – A “Lost Decade” Ahead For Housing – Mike Whitney

In its effort to rescue the housing market, the Obama administration has created a Frankensystem which neither allows the market to clear nor solves the intractable social problems of lost equity and foreclosure. Read More Here

(ABCNews) – $18M Being Spent to Redesign Recovery.gov Web Site

For those concerned about stimulus spending, the General Services Administration sends word tonight that $18 million in additional funds are being spent to redesign the Recovery.gov Web site. Read More Here

(WashingtonsBlog) – Americans Have Been Bailing Out Foreign Banks for Years … And We’re Getting Ready To Do It Again

As the Wall Street Journal points out, the Federal Reserve might open up its “swap lines” again to bail out the Europeans: Read More Here

(AFP) – Britain says it will not back European bailout fund

Britain said on Sunday that it will refuse to underwrite a European Union bailout fund worth some 60 billion euros that finance ministers want to agree at emergency talks in Brussels. Read More Here

(BullFax) – Goodbye, stimulus. Hello, state budget cuts

Think states have made deep spending cuts? You ain’t seen nothing yet. Read More Here

(NoWorldSystem) – Video: Bilderberg Manipulated Stock Market Crash

Many theories have sprung up in regards to what exactly happened on Thursday that would cause a 1,000 point drop in the DOW. Some say that it was a computer or human error that caused the trillion-dollar collapse, but few have theorized the possibility of an engineered collapse that would purposefully create more instability in the United States.

Here’s CNBC’s Maria Bartiromo calling the crash in the DOW a manipulated event.

“That is ridiculous”, Bartiromo replied. “I mean this really sounds like market manipulation to me. This is outrageous.”Video Link Here

(Telegraph) – British taxpayers ordered to bail out euro

Britain faces paying out billions of pounds under a European Union deal intended to prevent another financial crisis like the one in Greece. Read More Here

(CharlieVLog) – Video: JOBS SCAM – Quick -We Need Some Good News – View Video Here

(CharlieVLog) – Video: Time Is Running Out

(Solari) – The Biggest 2010 Health Care Act Change You Never Heard About – Catherine Austin Fitts Blog

Is the goal to so overload small business with compliance costs that you put them out of business? We think so. They will not succeed, but add this to a long list of economic hits from Washington in 2010. Read More Here

(Reuters) – 39 pct of Greeks plan to take part in protests-poll

A large majority of Greeks oppose austerity measures agreed by the government in exchange for financial aid and 39 percent say they are ready to participate in protests against the cuts, a poll showed on Saturday. Read More Here

(VisionVictoryVlog) – Video: Breaking News! Greekman Brothers Moment, Shady Reporting by the BLS exposed, and the Dow Jones

See Also:

INFLATION ALERT! Costs SOAR 18.7%, Dow Illusion Vs. Gold, and Inflation.us Predictions coming true

One thought on “Economy

  1. Thanks for this explanation. Now I understand more cleary whats happening. You are so right.

    Have a nice day.

Leave a comment