News tagged with “second great depression”. Found:
6 tagged news reports.
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Dow is at its lowest since 1997, this is long expected start worrying at Dow 7000!
When I finished working on this yesterday Dow was at its lowest in 6 years then during the night I hears it was now at its lowest point since 1997 and waking up I heard the 14th Bank this year just closed. I said this is long expected...
Tags: second great depression
We are in ICU but are now hemorrhaging supposedly while under critical care!
Yesterday we heard dire warnings once again of what might be but they are to stupid to realize or already is! President Obama: We're in "an economic crisis as deep and as dire as any since the Great Depression and...
Tags: second great Depression
Man this is sick! 2.6 million jobs lost in 2008 with fears of one million per month! Remember what it took us to get out of the Great Depression, WW2 and think about what is happening right now!
All the way back in Decenber we had theBiggest one-month job loss in U.S. since 1974 with 533,000 lost! This month we find we lost 524,000 in December making this the worst year for employment since 1945 withTotal 2008 job loss: 2.6 million Now we hear...
Nobel Prize Winner Paul Krugman warns that the second Great Depression will be difficult to stop
In an Op Ed article in the NYT dated January 5, Paul Krugman writes that for many years, the predominant view has been that it would be quite easy to prevent another Great Depression. For example, Robert Lucas of the University of Chicago declared in...
Tags: Paul Krugman, Keynes, economic crisis, second Great Depression, USA
Yesterday we discussed our purposely caused Financial woes and the 2nd great Depression today Obama warns the obvious, long recession and too late to save the economy!
First I want to say the Right is banking on it so they can get back in and finish off us and their mis agenda! Yesterday we discussed our purposely caused Financial woes asBudget deficit to reach $1.2 trillion That is really Sick! At $9 trillion it...
Tags: second Great Depression, the perfect manufactured Storm
Amid gloom, signs of hope for economy in 2009 Msnbc.com panel says recovery could begin by midyear — if all goes well !
If all goes well! Stop fooling yourself this is just getting started! Deal with it! Unemployment is soaring, consumer spending is shrinking and both the stock and housing markets are on track for one of their worst years on record. As 2008 comes to a...
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