Latest News About The Coming Depression

David Rockefeller “We are on the verge of a global transformation. All we need is the right major crisis.”

Posts tagged with the keyword: ‘currency’

USA Today posts biggest drop; Canadian Canwest fate similar

USA Today posts biggest drop; Canadian Canwest fate similar

People are increasingly getting their news from the Internet and television, and newspapers. Instead of walking outside to pick up whites and blacks easier to warm your Mac or PC or just flip on the TV.
While the role of a newspaper may be made by internet, it would not be surprising to see that people [...]

Death of the Dollar, Again: Before You Mourn, See This Chart

Death of the Dollar, Again: Before You Mourn, See This Chart

The following article is based on analysis from Robert Prechter’s Elliott Wave Theorist. For more insights from Robert Prechter, download the 75-page eBook Independent Investor eBook. It’s a compilation of some of the New York Times bestselling author’s writings that challenge conventional financial market assumptions. Visit Elliott Wave International to download the eBook, free.
By Nico Isaac October 9, [...]

Canadian tourism heavily affected by downturn, passport requirement

Canadian tourism heavily affected by downturn, passport requirement

In a previous blog we explored how the sex industry is a forgotten economic barometer never used in analysis.   However, economists do use tourism statistics in their findings — a similar industry to the adult entertainment sector — indeed, the two are often inter0connected.
About a week ago, I saw a documentary on the CBC [...]

Economy worse than great depression: Krugman

Economy worse than great depression: Krugman

Paul Robin Krugman (born February 28, 1953) is an American economist, liberal columnist and author. He is Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs, Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times.
He offered a few [...]

US dollar attacked yet again; What the effects are

US dollar attacked yet again; What the effects are

In recent days, there have been a number of articles in the media about the steady decline of the U.S. dollar against the price of gold and other currencies. As many economists have foreseen the possibility of the dollar’s decline against other currencies for some time, most do not understand the importance of this. Some [...]

Growing Mob Calls For New Reserve Currency

Growing Mob Calls For New Reserve Currency

Bartering systems look like they could come to the rescue of the United States as it did for Argenina few years ago during their currency crisis and collapse. Fortunately, the economy has nowhere to fall further as the basis of barter. God thank you, we are at the point of bartering for U.S. companies over [...]

US Dollar Is Finished: China, Arabia, Russia Say

US Dollar Is Finished: China, Arabia, Russia Say

Popular and unpopular economists (mostly unpopular according to the mainstream media) have been predicting the collapse of the US dollar as the reserve currency (or petrodollars) of the world for a couple decades now. It seems that their predictions are finally coming to fruition. Most of the gold brokers practice what they preach, [...]

Greenpeace activists occupy Alberta Shell site

Greenpeace activists occupy Alberta Shell site

BY RICHARD WARNICA AND LAURA DRAKE, EDMONTON JOURNAL
Greenpeace protesters occupied an oilfield property outside Edmonton on Saturday, the third dramatic demonstration the group has staged against Alberta’s controversial oilsands development in recent weeks.
Greenpeace spokeswoman Jessica Wilson said a group of 16 demonstrators locked themselves onto three stacks and a crane at the expansion site of [...]

Stock Market Crash Dead Ahead Say Faber, Rogers, Dent and Celente

Stock Market Crash Dead Ahead Say Faber, Rogers, Dent and Celente

By Mac Slavo of MarketOracle UK
After a massive upswing in US stocks over the last six months, the recent rally may finally be coming to an end. It seems that the trend of rising stocks on bad or better than expected news may be in a reversal, as evidenced by market participants’ caution over the [...]

Canada’s stalled economy ‘a shocker’

Canada’s stalled economy ‘a shocker’

By Gordon Isfeld and John Morrissy, Financial Post
Statistics Canada said Wednesday that gross domestic product was unchanged during the month, following growth of 0.1 per cent in June, the first month of expansion since July 2008.
“This is a shocker,” said Douglas Porter, deputy chief economist at BMO Capital Markets. “We’re not talking about a shot [...]

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