“California is closely monitoring efforts to contain leaks from a quake-damaged Japanese nuclear plant, a spokesman said Saturday, as experts said radiation could be blown out across the Pacific.” Our deepest sympathies to the Japanese people, but the Japanese government must be held accountable for the massive cover-up and mismanagement of the nuclear crisis. It [...]
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“This super destructive Japan earthquake is going to cause American interest rates to jump a percent or two or three — possibly more. Indeed, the Japanese are the number one buyer of U.S. debt bonds. Can’t they cash a load of them in to redeem for reconstruction cash? If they try that the Americans will [...]
“China, in bailing out Europe, is asking for its goods to be allowed in without barriers .. We hope that the EU will relax restrictions on high-tech exports to China … and develop trade relations that are balanced and sustainable,” Mr. Li wrote in an op-ed titled, “China will be more open to the world” [...]
“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 [...]
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 [...]
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 [...]
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 US [...]
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 [...]
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 [...]
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