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Tag Archives: Great Depression
By: Ty_Andros The road to ruin is on plain display and the playbook is easily seen at this juncture. Let’s take a look at how that playbook will unfold. Contrary to popular outrage of the SOLUTION being IMPOSED it is … Continue reading
By Christopher M. Quigley There are very few heroes in economics but for me one of the patron saints of that profession should be Nikolai Kondratiev who was shot by firing squad on the orders of Stalin in 1938. He died for what … Continue reading
By David Mc Williams Last Friday’s Financial Times contained an article which suggested that the Republican Party is seriously thinking of returning the US to the gold standard, and that it will discuss this idea at the annual party convention … Continue reading
IMF wants the world to save Europe … Christine Lagarde, the managing director of the IMF, said the escalating crisis now needed to be addressed as “collectively as possible” … The European financial crisis is “escalating” and is so serious that it … Continue reading
By the Daily Bell The Bank for International Settlements Sunday issued an oblique endorsement of coordinated action by the world’s largest central banks to ease funding conditions for banks. “A freezing of interbank markets in major funding currencies, as during … Continue reading
By PAUL KRUGMAN Fred R. Conrad/The New York Times These are interesting times — and I mean that in the worst way. Right now we’re looking at not one but two looming crises, either of which could produce a global … Continue reading
Economic Collapse blog writes: The U.S. economy is dying and we are heading for the next Great Depression. The talking heads in the mainstream media love to spin the economic numbers around and around and they love to make it … Continue reading
This call would never be considered here in Ireland .But we will get to this stage a lot sooner if the government continue to pour the rest of our national wealth down the toxic toilets that are our banks .