Feeds:
Posts
Comments

Archive for the ‘Revelation 6:6’ Category

from Bloomberg: Wheat rose in Chicago after Russia, the world’s third-largest grower, extended a ban on grain exports into next year, raising the prospect of higher food prices that already have sparked riots in Mozambique. Wheat for December delivery rose as much as 1.5 percent to $7.2475 a bushel, advancing for a third day and [...]

Read Full Post »

from Der Spiegel: As speculators attack the euro, Europe is facing a growing threat of national bankruptcies. The consequences would be dramatic for the whole of the continent, especially German banks, which are highly exposed to risky debt. EU politicians are willing to pay almost any price to help the beleaguered countries. By SPIEGEL staff. [...]

Read Full Post »

from Kitco: Thanks to the endless barrage of feel-good propaganda that daily assaults the American mind, best epitomized a few months ago by the “green shoots,” everything’s-coming-up-roses propaganda touted by Federal Reserve Chairman Bernanke, the citizens have no idea how disastrous the country’s fiscal, monetary and economic problems truly are. Nor do they perceive the [...]

Read Full Post »

from Forbes: Not too long ago, a billion dollars in a governmental budget was a lot of money. Then we got into hundreds of billions. People understood that this was a lot, just because of all the zeros. Now, unfortunately, the number has become small: the world “trillion,” as in $1.2 trillion for health care [...]

Read Full Post »

from The Daily Telegraph: Britain and other countries with fast-rising government debts must steel themselves for a year in which “social and political cohesiveness” is tested, Moody’s warned. In a sombre report on the outlook for next year, the credit rating agency raised the prospect that future tax rises and spending cuts could trigger social [...]

Read Full Post »

from Layoff List: The media and government officials often tout the unemployment rate using the official, or U3 rate, which stands at 10.2% for October. While 10.2% unemployment is certainly bad enough – it’s the highest rate nationally excluding 1983s 10.8% – it pales when compared to the U6 unemployment rate. First let’s discuss the [...]

Read Full Post »

from the Daily Telegraph: Britain risks becoming the first country in the G10 bloc of major economies to risk capital flight and a full-blown debt crisis over coming months, according to a client note by Morgan Stanley. The US investment bank said there is a danger Britain’s toxic mix of problems will come to a [...]

Read Full Post »

from CNN: Unless lawmakers make big changes, the interest Americans will have to pay to keep the country running over the next decade will reach unheard of levels. Here’s a new way to think about the U.S. government’s epic borrowing: More than half of the $9 trillion in debt that Uncle Sam is expected to [...]

Read Full Post »

before reading this article read this: Drop in Foreclosures Called “Very Scary” from Miller-McCune: It’s been almost a year since Horatio Bernard effectively lost his Baltimore row house to foreclosure and roughly 15 months since he last made a payment on his primary mortgage. And yet to his amazement and those following his story, Bernard [...]

Read Full Post »

Many people do not understand that the lions share of investment capital in the world is from unseen and shadowy entitiies that look to exploit loopholes, lax regulations and secret transactions to maximize their profits, and when a government, especially in a time of financial meltdown decides to force banks and other countries to open up those [...]

Read Full Post »

Older Posts »