Video: Mish and Faber – US Destined for Failure

The government leads you to believe that we are in an economic recovery…however it is actually the total opposite. A depression and inflation are what the US is looking forward to. Continue reading

Denninger: Let’s Cut the Crap — We Are in a Depression Right Now

(SHTFPlan) – So let’s cut the crap – we are in a Depression right now.  We are pretending we are not, just like you can pretend you didn’t really lose your job so long as your credit card does not reach its limit.  We have been in that depression for about 18 months and there is no evidence that we will exit it, as we have yet to find a way to pull back the deficit spending without an instantaneous collapse in the economy. Continue reading

Video: Marc Faber – “Total Collapse Will Come” – Economic Armageddon – Dollar Crash

Marc Faber predicts with certainty that the United States will go through high inflation and a lower standard of living. Expect wars and currency re-evaluation. Continue reading

401k/IRA Screw Job Coming?

(MarketTicker) – In a short conversation this noontime that CNBC apparently has omitted from their archives (Why’s that folks?) Rick Santelli was talking about a potential to effectively force money into the Treasury market.
Where would they get this?
From your 401k and IRA accounts! Continue reading

Video: Gerald Celente – 2010 Brings the Great Depression

(Yahoo) – January 11, 2010 – Celente believes the bailouts have just postponed a depression – not prevented one: “The hand may change but the game doesn’t change.” Continue reading

Video: The Dollar Is Dying a Slow Death, Says Niall ‘Ascent of Money’ Ferguson

(Yahoo) – “It’s clear where we’re headed,” says Niall Ferguson, author of The Ascent of Money. “Ten years from now there will be more than one international reserve currency,” he tells Tech Ticker. Continue reading

Credit Implosion And Depression Coming, We Are So Screwed

(BusinessInsider) – Another happy forecast from Elliot Wave gury Bob Prechter (who may waste his time staring at charts most of the day, but also talks fundamentals): Continue reading