Questions Answered “Why is everything this way? Who caused it? What are the solutions? Coming soon ..”
Barack Hussein Obama “I think when you spread the wealth around, its good for everybody.”
The United Nations says that nearly 212 million people were unemployed in 2009. That is 6.6 per cent of the global workforce. According to a new report the situation in Europe will get worse before the trend improves.
The analysis by the United Nations and the ILO are timely, but it would be nice to [...]
How many of you fell for Obama’s attempt to silence the outrage coming from all sides of the political spectrum with his Financial Transaction Fee plan??
“Venezuela’s decision to devalue the Bolivar culminates an event that the market has been anticipating for a long time,” said Walter Molano, an analyst at BCP Securities. “It helps alleviate the country’s fiscal woes and puts it on a sounder macroeconomic footing.”
The currency devaluation that Venezula implemented allows them to sustain the nominal value of [...]
Howard Davidowitz sees a similarly horrific future [similar to Japan and Zimbabwe] in store for the U.S. He calls America’s current path, rich in deficit spending and weak in currency a “road to nowhere.”
Blame is only on the communist/fascist government during the Bush era. He allowed ( implemented) redistribution of real estate loans to people [...]
Nearly 12 years of incompetence of this government’s work and the cracks show in the economy of the United Kingdom, but we should lay the blame where it started: Margaret Thatcher! She began the destruction of the manufacturing base of the United Kingdom, deregulation of the financial system, backed by the oil economy of the [...]
“The market reaction shows how vulnerable some economies are to the aftermath of the debt binge. This highlights how fragile confidence is.” Gerard Lyons, chief economist.
This just shows the disconnect that governments have with their citizens. We are not considered citizens to politicians; we are regarded as consumers. That’s what Barack Obama and Bush’s main [...]
The United States will be forced to act against its trade deficit. The U.S. dollar will collapse.
We need to consider the possibility that the USA economy is toast. That is – it has hit a zenith in the past and is now in decline and will NEVER come back. In other words this may not [...]
“I’ve only attended the bilderberg once, but didn’t attend this year”
In the following video clip, ex Federal Reserve chairman Paul Volcker of the 1970s and 1980s admits that he attended these secretive group meetings. Up until the last few years this “bilderberg group” was considered only a “conspiracy theory,” but now that Paul Volcker [...]
SANTA BARBARA (MarketWatch) — As global economies emerge from recession, policymakers must watch for unsustainable global imbalances driven by high levels of Asian exports and low U.S. savings rates, Federal Reserve Chairman Ben Bernanke said Monday. In a speech prepared for a conference here, Bernanke warned “global imbalances may reassert themselves.” The U.S. must save [...]
Canada’s loonie hits parity with U.S. dollar
Greenback also reached a new record low against the euro
By the Associated Press
The dollar took another fall on currency markets Thursday, reaching one-to-one parity against the Canadian dollar for the first time in 30 years and falling to a new low against the 13-nation European currency.
The dramatic half-point cut [...]
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