President Obama, Ben Bernanke and Tim Geithner want us all to believe that the US economic recovery started in the 3rd quarter of 2009. The recovery theory is based on technical factors, specifically, that Gross Domestic Product (GDP) has been growing. Historically,...
While most Americans understand that falling wages, job losses and contracting consumer credit leads to less spending, it seems that many economists just can’t figure out what happened to retail sales in December. Some earlier reports and estimates this month...
Editor of the Gloom Boom & Doom Report, Dr. Marc Faber, says that a sovereign debt default in the PIIGS (Portugal, Italy, Ireland, Greece or Spain) may destroy the Euro, and a default in the US or Japan is also likely: (Video follows excerpts and commentary) I...
In a brief article yesterday we reported out that the Red Cross had run out of medical supplies in Haiti following the earthquake that is believed to have killed tens of thousands. If you are a prepper or someone who is planning basic reserves if the SHTF, then...
Trend forecaster Gerald Celente joins Yahoo Tech Ticker on January 11, 2010. Topics of discussion include the Greatest Depression, China, Immigration, sustainable living and the ‘survival mode.’ Gerald Celente: The Anti China Backlash (Part 1 of 3) Gerald...