Full story here from ZeroHedge. And here’s an antidote!
Citi’s Robert Buckland is out with the must read report of the weekend, especially for all the optimists who believe that despite the ongoing depression (and as many have demonstrated, all the talk about a double dip is moot, as America has never left [...]
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Full story here from Jim Willie a/k/a the Golden Jackass. Your bonus multimedia here.
Many observers to the wild gyrations, deep contortions, extreme measures, and other bizarre activity in the government and banking arenas are suffering from severe confusion. The public is alarmed, even frightened, by the sequence of events, without much benefit of comprehension of [...]
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Full story here from Market Oracle. But you may ask: “Why are you trying to bum us out on a total rally day?” It could go Dow 36,000 but fail to address ANY of the pressing issues of crumbling infrastructure, unemployment or financial onanism that we find ourselves mired in today.
Readers of my articles will [...]
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Full story here from ZeroHedge.
Common Sense: No problem can be fixed before a solution is formed. No solution can be formed until the underlying problems are clearly identified.
The officials in charge of fixing the economy have not articulated the underlying problems. Worse, many of these officials – directly or indirectly – created or contributed the [...]
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Full story here from ZeroHedge. “Oh, the humanity!”
The market is now down 3.4% from the August 12 open, when the first Hindenburg Omen was sighted, on route to validating the prediction of a 5% drop. However, in the process it continues getting worse and worse – today we just got a third H.O. confirmation, and [...]
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Full story here from ZeroHedge.
When I read Paul Krugman and the other Keynesian boneheads saying that our debt is not a problem, they quote figures about our debt of $13.3 trillion versus our GDP of $14.6 trillion not being so bad. That is only 91% of GDP. They point to World War II when our [...]
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Interview with Max Keiser on 8/20/10. Yeah, that voice is not sexy but chances are he’s right in a big way. Better safe than sorry.
http://www.youtube.com/watch?v=h2D2y1ye6kc&feature=player_embedded#!
http://www.youtube.com/watch?v=mlX88WZrPt4&feature=player_embedded
http://www.youtube.com/watch?v=pnTETzeEm6E&feature=player_embedded
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Full story here from ZeroHedge.
Submitted by Gordon T Long of Tipping Points
Preserve and Protect: Mapping The Tipping Points
The economic news has turned decidedly negative globally and a sense of ‘quiet before the storm’ permeates the financial headlines. Arcane subjects such as a Hindenburg Omen now make mainline news. The retail investor [...]
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Full story here from Doug Casey.
As the world sinks deeper into what he calls the Greater Depression, Casey Research Chairman Doug Casey sees default on the U.S. national debt as inevitable—albeit probably in the guise of currency destruction. He anticipates further contraction in real estate, particularly on the commercial front. As long as stocks remain [...]
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Guest post from ZeroHedge. It ain’t pretty.
http://www.zerohedge.com/sites/default/files/What%20to%20Expect%20When%20Expecting.pdf
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