Economics

Economic Meltdown Imminent

Monday, March 31st, 2008

More reports are predicting the total collapse the U.S. economy in September 2008. For instance…

Global Systemic Crisis September 2008

Those who say that the current “dip” is temporary, and that another bull market is right around the corner, are (I believe) sadly mistaken.
Recently, I’ve seen RE/MAX ads on Realtor.com that say, “When the market recovers, somebody […]

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Peonage, Wage-Slavery, and the Nationalization of Banks

Sunday, March 16th, 2008

Seeing as St. Patrick’s Day is tomorrow, I simply had to share this article with you entitled “Today We’re All Irish: Debt Serfdom Comes to America” by Ellen Brown.
It is an excellent article about different forms of slavery: the traditional kind (as Americans think of it), as well as the debt kind, which Ellen says […]

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U.S. Officially Hits the Skids

Sunday, March 9th, 2008

A month ago, I wrote an article entitled “What to Do Before You’re Fired.” I wrote the article partly because of the January jobs report, which showed 17,000 job losses.
Well, if January was bad, February is far worse.
A New York Times business article (“Sharp Drop in Jobs Adds to Grim Economic Picture”) reports 63,000 job […]

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Debt Bubble Reaches Critical Mass

Friday, January 25th, 2008

Have you noticed how many debt blogs have sprung up in recent years? Have you noticed how many people are finally realizing that debts must someday be repaid?
This is indicative of the underlying problem, which is, simply put, too much debt. Just how much debt have Americans accumulated? Let’s take a look at the actual […]

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Banking Crisis Imminent?

Thursday, December 13th, 2007

Here is an article worth reading…
==> “Mortgage Meltdown” by Sean Olender
I was originally referred to this article by Stephen Jones. My dad sent the link to me, my mom, and my brothers. One brother responded with skepticism for what he perceived as a lack of solid evidence.  He wrote:
Hard to say how much of that’s […]

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