DOW to fall significantly when stimulus bill passes. So for those of you hopeful that there will be a recovery will be sorely disappointed.
Showing posts with label peter schiff. Show all posts
Showing posts with label peter schiff. Show all posts
Saturday, February 7, 2009
Sunday, January 18, 2009
Riots in Latvia due to economic collapse (Coming to America?)
The global credit crunch has struck Latvia. Strangely, this did not make the Mainstream media here in the USA. The government would not want to give the slaves any ideas!
Here is some amateur video of what happened.
Here is some amateur video of what happened.
Saturday, January 17, 2009
Kentucky Unemployment trust fund NEARLY DEPLETED!
A record 88,000 people in Kentucky have filed for unemployment in December.The state is only able to pay out benefits for 2 more weeks!! The current system is unsustainable according to the Governor Steve Beshear of Kentucky!
Peter Schiff - Man who called the collapse
Peter says this is an economic collapse..not a political crisis. He predicts a major run on the dollar.
Tuesday, January 13, 2009
Debt to GDP Chart
Great analysis on debt compared to GDP. apparently, for the past 25 years we have been living on debt as a country. Welcome to the Matrix!!
Labels:
bailout,
collapse,
debt,
depression,
federal reserve,
gdp,
peter schiff,
recession
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