Category: Great Depression II
The analysis published under this category are as follows.
Thursday, May 07, 2009
Did the Bilderberg Group Plan the Economic Depression II? / Economics / Great Depression II
By: Global_Research
Paul Watson writes: Elitists divided on whether to quickly sink economy and replace it with new world order, or set in motion long, agonizing depression.
On the eve of the 2009 Bilderberg Group conference, which is due to be held May 14-17 at the 5 star Nafsika Astir Palace Hotel in Vouliagmeni, Greece, investigative reporter Daniel Estulin has uncovered shocking details of what the elitists plan to do with the economy over the course of the next year.
Thursday, May 07, 2009
Looking Back at the Greatest Economic Depression 2009 / Economics / Great Depression II
By: LewRockwell
Gerald Celente writes: On average, world trade fell 31 percent in January 2009. To varying degrees, recession and depression gripped globally. “The outlook for global consumption remains bleak. Exports are likely to remain lackluster until global consumers regain their appetite for consumption,” wrote Jing Ulrich, managing director at JPMorgan in Hong Kong, in response to the dire data.
Saturday, May 02, 2009
Lessons From the Great Depression, Next Great Depression II? / Economics / Great Depression II
By: Submissions
Phill Tomlinson writes: A great deal can be learnt through history. In a practical sense its completely useless, as it merely just documents past events, but past events can help explain current and possible future events. If you can never get to grips with a subject matter it is best to look at history to try and to identify possible similarities. I have taken some quotes from a historical book and I think a lot of the quotes below could be said of the current situation we find ourselves in.
Friday, May 01, 2009
Great Economic Depression Silver Linings / Politics / Great Depression II
By: LewRockwell
John M. Peters writes: As the existing economic structure collapses, I see a return to ways of doing business which existed not only in my father’s time, but in my grandfather’s time. Although the transition will be painful the journey will be worth it. The shockwaves of the latest depression are wiping away the traditional pillars of the economic system. Here are just a few of the changes we can expect as the current economy grinds to a halt.
Read full article... Read full article...
Monday, April 13, 2009
America Fast Approaching Debt and Economic Crisis Day of Reckoning / Economics / Great Depression II
By: Money_and_Markets
Martin Weiss writes: We are fast approaching the ultimate day of reckoning for everyone — Washington, me, you, your family, and the entire country.
The great dilemma: The government’s TARP funds to bail out the nation’s banks are nearly exhausted. But, at the same time, bank losses from this debt crisis have doubled from $2 trillion to $4 trillion, according to the IMF.
Sunday, April 12, 2009
Further Evidence of the Onset of Great Depression II / Economics / Great Depression II
By: Professor_Emeritus
A Critique Of The Quantity Theory Of Money - In my previous paper The Revisionist Theory and History of Depressions I argued that persistently falling interest rates cause an erosion of capital, unseen but nonetheless lethal. Producers are squeezed and try to survive by cutting prices. Lower prices add to pressures lowering interest rates, and a vicious spiral is set in motion. Thus money-creation by the Fed has a little-noticed deflationary side-effect to it, that may ultimately overwhelm the inflationary effect, in spite of predictions by the Quantity Theory of Money.
Thursday, February 19, 2009
The Great Depression has Arrived- Collapsing American Dreams / Economics / Great Depression II
By: David_Vaughn
It almost seems amusing that we are still discussing the “coming” depression because of the fact that it is already arrived and settling in. Really, what this entire new “era” is all about is watching our dreams deteriorate right before our eyes.
Want to hear what the real world is like today? Country star John Rich dramatizes this well in his new song, “They're Shutting Detroit Down.”
Read full article... Read full article...
Friday, January 23, 2009
Economic Depression 2009 Will Not Prevent Inflation / Economics / Great Depression II
By: Andy_Sutton
“Three Bears and a missing Goldilocks” - 2006 and 2007 were framed by financial pundits as a time when we could truly have the Goldilocks economy. Growth wouldn't be too fast or too slow, but just right. The Fed had both hands on the wheel and was goosing things just enough to keep the ship headed in the right direction. Of course all the while the same pundits chose to ignore raging inflation at the consumer level as energy and food prices headed for the stratosphere. The fall of energy prices has been spectacular, however, the drop in food prices has been virtually nonexistent. As in the story of Goldilocks, there were some bears who weren't too happy about Goldilocks and her plans for their porridge. Read full article... Read full article...
Tuesday, January 06, 2009
Depression 2009 The Largest Train Wreck in Economic History / Economics / Great Depression II
By: Darryl_R_Schoon
Change is a constant whether perceived or not; but only when we see it do we believe it has occurred. Then, it is too late.
The phrase, speculative bubble, is used to describe the financial tumescence that characterizes the often manic unfounded rise of asset values. The phrase, however, is inadequate for it fails to convey the destructive aftermath that follows; for such purposes, train wreck, is a better description. In 2009, the largest train wreck in economic history is about to occur.
Read full article... Read full article...
Thursday, December 04, 2008
America's Second Great Depression Has Started / Economics / Great Depression II
By: Money_and_Markets
Martin Wiess writes: On this first weekday after Thanksgiving, it's time to take a moment, look at the changes swirling all around us and think about the tasks we must achieve together in the weeks ahead.
After more than six decades of growth, America is sinking into its Second Great Depression of modern times. The place is every home, business, and community.
Read full article... Read full article...
Sunday, September 14, 2008
America 's Financial Apocalypse Heralds Decade Long Depression / Economics / Great Depression II
By: Mike_Stathis
Despite attempts made by Greenspan and Bernanke, there is no way to avert the payback period that has been building for over two decades. Over this stretch, America has consumed much more than it has produced. As a result, both consumer and federal debt have ballooned to record levels. And now, the payback period is upon us. The bailout buffet won't end with Fannie and Freddie. There's a lot more where that came from because the “Fed's food court” remains open, as does that of the U.S. Treasury. In fact, the autos are in the process of being bailed out with $50 billion in “loans.” I expect the airlines to also receive some form of a bailout as well.Read full article... Read full article...
Saturday, February 09, 2008
The Great Depression 2008 - It can't happen to us....can it?” / Economics / Great Depression II
By: Andy_Sutton
Webster's defines complacency as “1.satisfaction or contentment 2. smug self-satisfaction” There is probably not a better word to describe the current state of perception with regard to economic and financial malady. I had an interesting conversation the other night about exactly this topic and the individual I was speaking with had an overriding belief that we cannot suffer economically simply because the current generation is not prepared to deal with it. While I certainly agree with the latter assertion, the former continues to baffle me. I am certainly not prepared to deal with a lengthy hospital stay as the result of a horrific car crash, but that alone doesn't cloak me in immunity from having an accident. The reasoning is so broken and flawed, yet it is often all we get in terms of a perception of what is going on. Read full article... Read full article...