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 [...]
Posts Tagged ‘Depression’
Fascism in America? You Betcha!
Posted in Uncategorized, tagged Depression, military, Neo Fascism, tea party, Weimar Repulic on September 29, 2010 | Leave a Comment »
Canada: A Beauty Way To Go
Posted in Depression 2.0, tagged Canadian Banking System, Canadian Economy, CHDC, Depression, Leading indicators, The Great White North, U.S. Economy on August 19, 2010 | Leave a Comment »
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
I…Drink…Your…Milkshake!!!
Posted in Oil's Well That Ends Badly!, tagged Depression, end of days, military, Milkshake, Oil, politics, There Will Be Blood on May 5, 2010 | Leave a Comment »
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 [...]
From Republic to Regency?
Posted in Bonfire of the Vanities, The Art of War, tagged AC/DC, Depression, end of days, Financial Crisis, Regency, Republic, Runaway Train on May 5, 2010 | 2 Comments »
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 [...]
History doesn’t repeat itself – at best it sometimes rhymes. – MarkTwain
Posted in Bonfire of the Vanities, What's a Grecian Urn?, tagged 1930s, Depression, Greece, Mark Twain on April 23, 2010 | Leave a Comment »
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, [...]
The Bold and the Beautiful vs. The Meek
Posted in Bonfire of the Vanities, tagged bold and the beautiful, Depression, Earth..what a shithole!, film, Great War, indie, music, propaganda, radio, rock, rock is dead, speedhair, the meek, Truth on April 6, 2010 | 1 Comment »
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 [...]