Category: The Great Depression

GLOBAL ECONOMIC PARALYSIS

GLOBAL ECONOMIC PARALYSIS

GLOBAL ECONOMIC PARALYSIS “Paralysis” is a medical condition where the brain can be functioning but the muscles do not contract. There are many causes of “Paralysis” but ultimately a message is not connecting from the brain and through the nerves to the muscles. As the muscles stop functioning they start to lose their mass and ultimately they die or become [...]

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THE ECONOMY AS A PATIENT

THE ECONOMY AS A PATIENT

FOUR NUMBERS TO WATCH TO SEE YOUR ECONOMIC FUTURE There are four magic numbers that determine the economy of a nation within the next two years. In this article, I will explain what those numbers are, and I will teach you how to understand how they function, in a manner that any bright teenager can [...]

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THE FUTURE OF THE WEST

THE FUTURE OF THE WEST

When I was in the United States Marine Corps, I served as an Aerologist, or Weather Technician. I simply loved the job. All day and all night we looked at the skies and described the types of clouds, their estimated heights, their conformations, the various types of precipitation, the visibility secondary to haze or other [...]

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ECONOMIC RIP TIDE — CHAPTER ONE

ECONOMIC RIP TIDE — CHAPTER ONE

The first chapter of “Economic Rip Tide”, by Sanford Pinna.

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MCDONALD’S WORLD SALES DROP!

MCDONALD’S WORLD SALES DROP!

SHARES FALL 4.4 PERCENT By Martinne Geller and Brad Dorfman, from Reuters McDonald’s Corp (MCD.N) reported a lower-than-expected rise in worldwide August sales at established restaurants on a steep drop in Japan and a lull in new product launches in the United States. The world’s largest hamburger chain, whose shares fell 4.4 percent on Friday, [...]

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ECONOMY POINTING TO NEW RECESSION?

ECONOMY POINTING TO NEW RECESSION?

Stagnant Hiring in U.S. May Signal Recession (OR, IT MAY CONFIRM “THE GREAT DEPRESSION OF 2008”) By Steve Matthews, from Bloomberg The U.S. may be on the cusp of a recession for the first time in more than two years. Stagnant payrolls in August reported last week added to data over the past month showing [...]

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CHINESE DEBT EXPLODING!

CHINESE DEBT EXPLODING!

Chinese Dollar Debt Drops on Loan Jitters By Lilian Karunungan and Yumi Teso, from Bloomberg Chinese companies’ dollar debt is handing investors the biggest losses in almost three years as concern bad loans will climb cools appetite for the securities amid signs the global recovery is losing steam. The notes fell 1.5 percent in August, [...]

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NO DEPRESSION? 60,000 BANKERS FIRED!

NO DEPRESSION? 60,000 BANKERS FIRED!

WALL STREET NO DEPRESSION? BANK OF AMERICA TO CUT 3,500 JOBS! FIFTY BANKS FIRE 6O,OOO IN AUGUST! THESE ARE BANKS, NOT FAST FOOD CHAINS By Hugh Son – Aug 19, 2011 From Bloomberg See Dr. Pinna’s comments below… Bank of America Corp. (BAC) Chief Executive Officer Brian T. Moynihan told his managers at the biggest [...]

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