Why Are We Lying to Ourselves About Our Catastrophic Economic Meltdown?

U.S. Deficit At All Time High

By: StockMarketsAnalysis

The US Budget deficit got up to 1.4 trillion dollars for this fiscal year. This nearly equals the deficit percentage of GDP during the 2nd World War. Analysts predict that there will be budget deficits over a trillion dollars until past 2011. Meanwhile new data was just released stating the over 71% of the U.S.'s GDP is consumer spending.

about 1 month ago

The FALL of AMERICA ?

By: Cincinatus

    The word from many of our establishment lecturers and cozy media pundits is that the fall of American power is now. And it’s sinking fast, headed for sunset at about year 2025. But not all is as it seems. Witness one Michael Klare – an apparent expert on the issue, he offers 6 signs of

about 1 month ago

CENTRAL BANKS SHIFT AWAY FROM US DOLLAR

By: WilliamC.Urban

Central Banks Lead Subtle Shift Away From Dollar Tuesday, November 3, 2009 4:42 PM Article Font Size   NEW YORK -- Central banks with trillions of dollars in reserves that are already stepping up euro and yen purchases will likely continue doing so in

about 1 month ago

Predictions Of Financial Giants Earlier This Year

By: mpalevsky

NEW YORK -- "As you might have realized by now, we're in a difficult situation," said billionaire investor and philanthropist George Soros to a sold-out crowd at the Metropolitan Museum of Art on April 30, 2009. Though Soros earned over $1 billion last year, eighteen months into a housing crisis and after over a year of decreasing GDP it's ...

about 1 month ago