Feeds:
Posts
Comments

Posts Tagged ‘Depression’

Don’t know if you’ve all been following the increasing tension between China and Japan on the territorial front and China and the U.S. on the currency manipulation front… or the fact that Sovereign debt troubles are mounting once again in Ireland, Spain and Greece. Meanwhile back in America the poor continue to get poorer as [...]

Read Full Post »

An excellent review of how Canada is positioned to withstand the brewing economic shit storm. Prognosis…Better than most..but not without significant economic pain. A must read for smug Canadians! The US Economy: A Canadian Leading Indicator

Read Full Post »

A tasty excerpt from an illuminating analysis of Peak Oil and Peak “Cheap Oil”  by Erik Townsend that I found at www.chrismartenson.com. A very credible argument that explains why oil might very well make it back to $200 a barrel but is not likely to go much higher as that is the price point where governments [...]

Read Full Post »

I’ve read in a number of places that nothing should be done to break up mega banks and to expose the fraud that has become the cornerstone of the American political and economic systems because it is too risky. Which is to say it’s too difficult to put the genie (i.e. “Fraud”) back in the [...]

Read Full Post »

Today at Naked Capitalism, Yves Smith compares the news that Greece is broke and needs a 45 billion euros bailout (60 billion U.S.) with the collapse of Creditanstalt, an Autsrian bank that collapsed in 1931 when markets thought a sustainable recovery was underway.. “The news about Greece’s bailout has me thinking a lot about Creditanstalt, [...]

Read Full Post »

I’ve got a bee in my bonnet about the democritization of art brought about by the internet…even as it gives me an outlet that 15 years ago was barely imaginable. And I mean barely as my bandmates and I, having just seen Netscape Navigator for the first time in 1994 on an Intel 486i with [...]

Read Full Post »

Follow

Get every new post delivered to your Inbox.