Your number one source for news about the coming economic depression

“We’ve lost a couple of decades of demand in the U.S. economy because of the de-leveraging that’s happened,” Wall Street observer James Dale Davidson says.

America has spent too many years focused on the service industry by design to de-industrialize the economy thus making it easier for the process of bankruptcy. It has been so many [...]

A very old New World Order warning.. open your eyes.. now. The CFR is the creator of the United Nations and as such it dictates and influences United Nations policy. The United Nations is destined to be the guard and keeper of the New World Order.. a term used by occultist Adam Weishaupt.. and later [...]

“A DEADLY plague could sweep across Europe, doctors fear, after an outbreak of a virus in Ukraine plunged the country and its neighbours into a state of panic.”

Flu may become major drag on growth
By Kim Yoon-mi Korea Herald November 15 2009
The spread of the H1N1 flu is likely to dampen Korea’s chances of achieving positive [...]

To sum the entire stories at the bottom: TAKE ALL YOUR MONEY OUT NOW and invest it in silver bullion, or keep it under the mattress.
The press and financial markets have been very excited by this story, and probably some speculators have even a dollar or two on it. What nobody has done so far [...]

Asset prices and prices are falling rapidly as the impact of globalization credit permeates the global economy. Newspaper columnists are beginning to warn against the dangers of deflation.
What happens during deflation?
It’s important to understand that what happens during deflation is not a result of deflation itself. Rather, deflation itself and what happens during deflation are [...]

The majority of western economies, for the past 20 years, have been converted over to a service based economy. While economists and think-tanks were hired to push this agenda, businessmen and politicians were busy forging international agreements like the WTO to send our goods producing industries oversees, and leaving these western countries like the [...]

It workers always seem to be treated as nothing more than a cost center than anything else. With the ethereal nature of IT work, it is obviously easier to send these jobs overseas where slave labor is abundantly available.
Excerpt
By Patrick Thibodeau of IDG
Once IT spending begins again, companies in need of tech workers will [...]

Most major media outlets, politicians, business people, and government officials have officially announced that the world has entered a recession, while some have declared much worse: a depression that makes the last Great Depression of the 1930s look like a walk in the park. While the media is busy boosting its ratings with such doom [...]

For years, Japan has been readying itself for the day that it is eclipsed economically by China. But as a result of the global slowdown, Japan’s difficulty in managing its economy and China’s rise — on vivid display Thursday as Beijing celebrated the 60th anniversary of the founding of the People’s Republic — that day [...]