Tag: "CNBC"

WORLD UNEMPLOYMENT GROWING “LIKE A CANCER”

WORLD UNEMPLOYMENT GROWING “LIKE A CANCER”

WORLD UNEMPLOYMENT     World Unemployment to Hit Record High in 2013: ILO Text Size  Tuesday, 22 Jan 2013   By: Katy Barnato From CNBC     Dr. Pinna says… This is the beginning, not the end, of the growth of world unemployment. The population of the world is exploding and all the barriers to [...]

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ARE WE IN A GLOBAL RECESSION?

ARE WE IN A GLOBAL RECESSION?

The great asset bubble during the Late-2000s recession. 1 – Central banks gold reserves (.845 trillion) 2 – M0 (paper money) ($3.9 trillion) 3 – Traditional (fractional reserve) banking assets ($39 trillion) 4 – shadow banking assets ($62 trillion) 5 – other assets ($290 trillion) 6 – Bail-out money (early 2009) ($1.9 trillion) (Photo credit: [...]

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