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The End of the Global Economy as we know it

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At the beginning of nearly every war, including the current one in Ukraine, there are those who loudly declare that it will be over shortly and then business-as-usual can resume. They are rarely right. While no one can say for certain what the trajectory of the Russian-Ukrainian conflict will be, the economic warfare that is going on alongside it is very likely to destroy the current global trading... 

IMF Chief Warns Global Economy May Well Slide Into Another Great Depression

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The international financial watchdog earlier estimated the recent trade rows had already cost the world economy about $700 billion or an 0.8 percent slump in global GDP, outlining the data in a soon-to-be-published annual report by the IMF. Chief of the International Monetary Fund Kristalina Georgieva has described the fearsome possibility of a repetition of the Great Depression, in light of today’s... 

102.6 Million Working Age Americans Do Not Have A Job

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The federal government uses very carefully manipulated numbers to cover up the crushing economic depression that is going on in this nation. For the month of September, the federal government told us that 142,000 jobs were added to the economy. If that was actually true, that would barely be enough to keep up with population growth. Sadly, the truth is that the real numbers were actually far worse... 

America Before World War III: “Who Was Left To Tell The Truth?”

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On January 21, 1950, US Supreme Court Justice Hugo Black, one of the greatest civil libertarians in the history of his country, warned of the impact of Cold War anti-Communist hysteria on American liberties in a speech to 500 delegates at a conference of the American Jewish Committee. His speech on this day was titled “Fear Obscures Reason.” And in one of his most famous opinions, Justice Black... 

Evidence That 5 Million Americans Have Been “Disappeared” By Obama Shocks Russia

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A shocking new report released today by the Federal Security Service (FSB) states that as many as 5 million Americans have been “disappeared” by the Obama regime during the past 4 ½ years and are presumed to be dead in the worst incident of mass genocide since the Cultural Revolution that took place in the People’s Republic of China from 1966 to 1976 and claimed upwards of 20 million lives. According... 

Obama Pleads For Russian Help As US Drought Apocalypse Grows

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A startling report prepared by the Ministry of Agriculture that is circulating in the Kremlin today states that the Obama regime has begun making “strident overtures” for Russia to expand it grain exports this year as the United States faces its worst agricultural disaster in over a quarter century, and perhaps its greatest since the Dust Bowl era of the Great Depression. Fears of another Russian... 

Obama: US recession worst since 30s

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US President Barack Obama US President Barack Obama says America is witnessing its worst economic downturn since the Great Depression of the 1930s, and blamed political wrangling for the worsening of the crisis. “There is no doubt that we have gone through an extraordinary period in world history. We had the worst recession since the 1930s here in the United States,” Obama said in an interview... 

Decline and fall of the American empire

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Dust-bowl refugees walk towards Los Angeles during the Great Depression. House prices have now fallen further than in the 1930s. The economic powerhouse of the 20th century emerged stronger from the Depression. But faced with cultural decay, structural weaknesses and reliance on finance, can the US do it again? America clocked up a record last week. The latest drop in house prices meant that the cost... 

Global Economic Collapse Of Staggering Proportions Warned Imminent

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Grim economic warnings are being sounded from the United States today after one of their top market forecasters and social theorists named Robert Prechter advised everyone to abandon the stock markets over what he says will be one of the largest financial crashes (of “staggering proportions”) to occur in over 300 years rivaling the Great Depression, the Panic of 1873, and the collapse of the... 

Obama celebrates biggest banking shake-up since the Great Depression

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Obama US government will be handed the power to seize control of a failing bank and derivatives trading will be subject to new controls. Wall Street banks face their toughest clampdown since the Great Depression after the US Senate passed Barack Obama’s banking reform bill. In a historic change, the US government will be handed the power to seize control of a failing bank to avoid a collapse... 

Obama Attack On Corporate Giant P&G Shatters US Stock Market

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Obamunism An interesting report prepared for Prime Minister Putin by Deputy Minister Tatyana Nesterenko of Russia’s Finance Ministry states that US President Barack Obama yesterday ‘personally ordered’ an attack on America’s fourth largest corporation Proctor & Gamble (P&G) over fears this Global consumer products giant has aligned itself with American Military ‘elements’ set to... 

200 Bank Failures Expected in 2010, Good Riddance!

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Washington has so thoroughly botched its supervision of the banking industry that 200 banks are likely to fail this year — easily surpassing last year’s 140 bank failures … inevitably involving the greatest bank losses in history … and already costing the FDIC ten times more than the great S&L and banking crisis of the 1980s did. I am not basing these conclusions on conjecture. They com... 
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