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Global Trade Is Collapsing As The Worldwide Economic Recession Deepens

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When the global economy is doing well, the amount of stuff that is imported and exported around the world goes up, and when the global economy is in recession, the amount of stuff that is imported and exported around the world goes down. It is just basic economics. Governments around the world have become very adept at manipulating other measures of economic activity such as GDP, but the trade numbers... 

The Global Economy Is Officially Melting Down

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As much as the financiers on Wall Street and the officials at the Fed would like the party to keep going, it looks it’s finally about to stop. Years of bailouts and monetary expansion have created one of the most inflated and artificial economic booms in history, and now it appears that this global economic bubble is deflating. Markets across the board are melting down as we speak, and the financial... 

JPMorgan Chase CEO: Economic Crisis Inevitable

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Another economic crisis like the Great Recession is inevitable, according to JPMorgan Chase CEO Jamie Dimon, who heads the bank that recently imposed capital controls and limits on cash withdrawals. “Some things never change, there will be another crisis, and its impact will be felt by the financial markets,” he wrote in his annual letter to shareholders. “The trigger to the next crisis will... 

Obamacare “Death Spiral” Warned Could Collapse Global Economy By February

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A stunning Ministry of Finance (MoF) report released today on the global impact of the recently implemented Affordable Care Act (ACA) [otherwise known as Obamacare] in the United States is warning that this new law is now in a “death spiral” which could, by February 2014, collapse the entire world’s economic system as the US Federal Reserve would not be able to bail out its European Union (EU)... 

China: Iran war disaster for world economy

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China's Ambassador to the European Union Wu Hailong China’s ambassador to the European Union says any potential military confrontation with Iran over its nuclear energy program will be a “disaster” for the global economy. “I couldn’t think of any worse proposals to resolve the Iranian issue than resolving it by force,” Wu Hailong said in a Friday briefing with foreign... 

JP Morgan turns guns on Europe

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JP Morgan's Chief Executive Officer, Jamie Dimon JP Morgan’s Chief Executive Officer, Jamie Dimon says Europe is the largest threat to the global economy, calling for a solution to the economic woes sourced from the continent. “We urgently need a solution. The longer the problem drags on, the less likely it is we get off lightly,” the CEO of one of the largest banks in the United States... 

Swiss researchers: Elite controls global economy

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A man dressed as an "evil banker" stands outside Saint Paul's Cathedral in central London as protestors gather on October 15, 2011 Bankers really do control the world! That’s according to Swiss researchers who, in an exhaustive scientific study, mapped out a blueprint showing the real architects of global economic power. From freemasons to the Council on Foreign Relations to Bilderberg,... 
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