(AlterNet) – Our Only Existing Jobs Program Is the Military — an Insane Way to Keep Americans Employed “National security is a cover for job security. This is nuts.” – Read More Here

Video: Bob Chapman’s Economic Report – Our Economy Teeters On The Brink! – Alex Jones Tv – Video Part 1 HerePart 2

(ActivistPost) – The Hindenburg Omen Indicates Stock Market Crash is Coming

On Thursday August 12, the US equities market triggered a confirmed technical indicator known as the “Hindenburg Omen.” This omen, as you may have guessed, suggests that a stock market crash is on the way. However, it doesn’t mean just any crash — according to Albert Edwards, a London-based strategist at Societe Generale SA, the indicator means “a savage equity downturn is imminent.” Read More Here

(BeyondBrics) – Malaysia looks to ancient alternative currency – gold – Read More Here

(MyFoxPhily) – Supermarket Layoffs Coming To Area

A popular supermarket chain will layoff as many as 2,000 workers, and some closures are expected in our area. Read More Here

(Telegraph) – Universities face ‘biggest cuts since Great Depression’ – Read More Here

(Bloomberg) – Economic Growth Prospects Dim in U.S. After Retail Sales, Trade Reports – Read More Here

(Guardian) – US cities face up to massive cuts – Read More Here

(Guardian) – The victims of Ireland’s economic collapse – 33% Of People Under 30 Unemployed – Read More Here

(MarketOracle) – Innovation, What Made America Great is Now Killing Her! – Read More Here

(SilverBearCafe) – Monopoly Money and the International Banking Cartel

Some people have asked what I mean by “international banking cartel” and if it really exists. indeed it is very real and it has profound power over our lives. here are the details… Read More Here

(HuffingtonPost) – One Quarter Of Home Sellers Slashed Their Prices Last Month: Trulia – Read More Here

(Bloomberg) – Foreclosure Crisis Spreads Across U.S.; Idaho Defaults Mount – Read More Here

(Bloomberg) – Manhattan Luxury Condos Try FHA Backing in `Game Changer’ – Read More Here

(MailOnline) – Over 50 and on the scrapheap: As recession bites, a record rise in older workers condemned to long-term unemployment – Read More Here

(Gallup) – Spending Slumps Even With Back-to-School Underway – Read More Here

(NYTimes) – Debts Rise, and Go Unpaid, as Bust Erodes Home Equity – Read More Here

(InfoClearingHouse) – Countdown to Collapse: The Recovery is Not Recovering – Read More Here

(GlobalResearch) – “Financial Party” on Wall Street, Like It’s 1929 – Mike Whitney

On Tuesday, the Fed announced that it will reinvest the proceeds from maturing mortgage-backed securities (MBS) into US Treasuries. The process is called Quantitative Easing. In theory, Q.E. increases inflation expectations so that consumers spend more and rev up the economy. That’s the theory. But adding to bank reserves when the banks are already loaded to the gills, achieves nothing. Read More Here

(CharlieVLog) – They Know The Collapse is Now

(SchiffReport) – Video: Unemployment compensation– the new early retirement & 3rd rail of American politics –

One thought on “Economy

  1. The guy that called the crash in 2008 and has been spot on is calling this legitamate. I listen to his stuff, and am now out of debt from being in his newsletter. He has some great ideas for the coming economic doldrums coming. Time to wake up people. Check out his latest youtube vid

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