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Keyword: depression

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  • November milk prices expected to increase 30 cents (NOW EXCEEDS gas in some places)

    12/28/2012 5:41:49 AM PST · by GailA · 48 replies
    AGRI-VIEW ^ | Posted: Thursday, December 13, 2012 8:00 am | N/A
    Not sure about the posting rules for this one, so just click the link.
  • GERALD CELENTE: The Financial Collapse Of 2013 Will Be Worse Than The Great Depression

    12/23/2012 6:15:04 AM PST · by blam · 87 replies
    TBI - KWN ^ | 12-23-2012 | Sam Ro
    GERALD CELENTE: The Financial Collapse Of 2013 Will Be Worse Than The Great Depression Sam RoDec. 23, 2012, 5:07 AM Forget the Mayan Apocalypse. Gerald Celente, the popular trends forecaster of Trends Research, cites the work of a former Treasury official and warns that the bonds are in a massive bubble that will burst in 2013 in what will be a financial collapse like nothing we've seen before. He recently spoke about it in an interview with King World News: This piece is being penned by Dr. Paul Craig Roberts, the former Assistant Treasury Secretary under Ronald Reagan. And he...
  • The Coming Derivatives Panic That Will Destroy Global Financial Markets

    12/05/2012 9:26:29 AM PST · by blam · 19 replies
    TMO ^ | 12-5-2012 | John Rolls - Michael Snyder
    The Coming Derivatives Panic That Will Destroy Global Financial Markets Stock-Markets / Financial CrashDec 05, 2012 - 04:24 AM By: John Rolls John Rolls Submits, Michael Snyder writes: When financial markets in the United States crash, so does the U.S. economy. Just remember what happened back in 2008. The financial markets crashed, the credit markets froze up, and suddenly the economy went into cardiac arrest. Well, there are very few things that could cause the financial markets to crash harder or farther than a derivatives panic. Sadly, most Americans don't even understand what derivatives are. Unlike stocks and bonds, a...
  • The lost generation and the Great Obama Depression

    12/08/2012 1:05:07 PM PST · by Thad Lost · 7 replies
    Tea Party Nation ^ | 12/8/12 | Judson Phillips
    Many times numbers and statistics are simply thrown at us. It is almost a mind blurring information overload. If we take the time to look inside the numbers, what the numbers show is frightening for America. How bad is the Great Obama Depression and what is it doing to America?
  • Currency Wars and Gold

    12/07/2012 9:07:00 AM PST · by Katechon · 10 replies
    A currency war in the simplest form is basically when there is too much debt and not enough growth. - James Rickards, Currency Wars: The Making of the Next Global Crisis Currency wars are real wars. But they are waged with currencies, stocks, bonds, derivatives, commodities, rather than guns and other kinetic weapons. In a currency war, countries try to manipulate their own currency to gain an unfair trade advantage. There is a currency war when one country tries to devalue its currency relative to others in order to promote exports and create jobs. Let's take an example. Some...
  • Finger Prints of Recession 2013, Recipe for Economic Disaster and Investor Opportunity

    12/06/2012 7:37:34 PM PST · by blam · 3 replies
    TMO ^ | 12-6-2012 | Ty Andros
    Finger Prints of Recession 2013, Recipe for Economic Disaster and Investor Opportunity Economics / Recession 2013Dec 06, 2012 - 03:04 AM By: Ty Andros The verdict is in and the man-made disaster that is creeping socialism just got a green light in the world’s largest economy! The SOMETHING for Nothing society known formally as the United States of America and controlled by what Vladimir Lenin called USEFUL IDIOTS (products of centrally controlled public schools taught the VIRTUES of socialism as beneficial) have now elevated their chosen REPRESENTATIVES as slave masters (at the point of a government GUN) to the last...
  • Investors 'Should Get Used to 1-2% Growth': Pimco's Gross

    12/04/2012 4:42:40 PM PST · by Red in Blue PA · 29 replies
    Investors should get used to one to two percent economic growth for the foreseeable future, Pimco's Bill Gross told CNBC's "Street Signs" on Tuesday. "We think that the United States is in a one to two percent growth environment going forward and investors should get used to it" as structural challenges keep growth in check, the Pimco co-founder and co-chief investment officer said. Earlier Tuesday, Gross released his final investment letter for 2012, where he continued to warn about slower economic growth due to ongoing structural challenges such as high debt levels, a slower growing China and an aging workforce.
  • Fiscal Cliff Debate Is About Size of Government, Not Taxing "the Rich" Thomas Sowell

    12/04/2012 7:22:09 AM PST · by Fred · 9 replies
    real clear pols ^ | 120412 | Thomas Sowell
    Amid all the political and media hoopla about the "fiscal cliff" crisis, there are a few facts that are worth noting. First of all, despite all the melodrama about raising taxes on "the rich," even if that is done it will scarcely make a dent in the government's financial problems. Raising the tax rates on everybody in the top two percent will not get enough additional tax revenue to run the government for ten days. And what will the government do to pay for the other 355 days in the year? All the political angst and moral melodrama about getting...
  • Study: American Households Hit 43-Year Low In Net Worth

    12/02/2012 10:28:58 AM PST · by george76 · 21 replies
    CBS DC ^ | November 30, 2012 | Edward N. Wolff
    The median net worth of American households has dropped to a 43-year low as the lower and middle classes appear poorer and less stable than they have been since 1969. According to a recent study by New York University economics professor Edward N. Wolff, median net worth is at the decades-low figure of $57,000 (in 2010 dollars). And as the numbers in his study reflect, the situation only appears worse when all the statistics are taken as a whole. According to Wolff, between 1983 and 2010, the percentage of households with less than $10,000 in assets (using constant 1995 dollars)...
  • Obama does a little Christmas shopping on "Small Business Saturday" [Vomit Bag Alert]

    11/26/2012 9:20:29 AM PST · by SoFloFreeper · 12 replies
    CBS ^ | November 26, 2012
    Hoping to encourage other Americans to participate in "Small Business Saturday" as an alternative to big chain-friendly Black Friday, President Obama today visited an Arlington, Va., bookstore to cross some items off his family's Christmas list. Accompanied by his daughters Sasha and Malia, the president journeyed across the river to One More Page Books, which the White House described as an "independent, neighborhood bookstore." After consulting his Blackberry for an apparent holiday wish list, he purchased 15 children's books before even browsing the store.
  • Banks told by Fed to test for 12% unemployment

    11/15/2012 3:47:54 PM PST · by Obadiah · 30 replies
    Market Watch ^ | 11/15/2012 | Ronald D. Orol
    The Federal Reserve is asking 30 big banks to make sure their capital can withstand a deep recession in which the unemployment rate rises to 12%. The Fed, which first required big banks to conduct “stress tests” in 2009, laid out three scenarios lenders have to test against. The goal is to ensure that the firms have enough capital to continue operations during stressful economic times.
  • Guns, Gold And Four More Years

    11/13/2012 8:42:24 PM PST · by Tolerance Sucks Rocks · 5 replies
    Personal Liberty Digest ^ | November 12, 2012 | Sam Rolley
    Most conservatives believe that the re-election of President Barack Obama is going to bring dire economic circumstances over the next four years, which could possibly drive the Nation into total collapse.The belief is likely not far-fetched considering the current state of affairs in American economics as the United States hurls toward a “fiscal cliff” which will combine rising tax rates and government shutdowns, the government prepares to raise its debt limit again to the tune of $2.4 trillion and the number of Americans out of work continues to trend at dismal levels.All of the ominous headlines about the shape of...
  • Vanity: Lincoln Was Wrong

    11/07/2012 3:04:27 AM PST · by canuck_conservative · 13 replies
    Exclusive to FR | Wednesday, November 7, 2012 | cc
    2008 - "You can fool all the people some of the time ..." 2010 - "...and you can fool all of the people some of the time..." But in 2012, Obama and Big Leftist Media managed to fool all of the people all the time! Now it's official, the freeloaders have taken over the country.
  • Some Liberals Actually Think “a record comparable to Franklin Roosevelt’s” Is a Good Thing – Sheesh!

    11/03/2012 12:42:57 PM PDT · by DeprogramLiberalism · 4 replies
    Deprogramming Liberalism ^ | June 15/12 | Jim Autio
    [written September, 2011, but even more applicable today] Re:  Could this time have been different?Ezra Klein     Washington Post columnistEzra Klein: Some partisans offer a simple explanation for the depth and severity of the recession: It’s the stimulus’s fault. If we had done nothing, they say, unemployment would never have reached 10 percent.This is the wrong way to look at it. The unemployment rate numbers are so skewed as to be virtually worthless. For instance, if all of the people that have given up searching for jobs were included in today’s unemployment rate it would be over 11%: Townhall Total employment is...
  • Asking for advice about depression after losing my job

    11/02/2012 11:44:36 PM PDT · by proud American in Canada · 119 replies
    myself
    Hi all, I hesitated for a long time to post this--particularly because our keyboard is so sticky it is difficult to write and post. I was just hoping for some advice. If I posted in the wrong place, I hope the mods will move it. Julie
  • Why the Long Face, Democrats? If You're convinced that Obama will win, why so depressed?

    11/02/2012 1:38:29 PM PDT · by SeekAndFind · 15 replies
    Daily Beast ^ | 11/02/2012 | Michael Medved
    When leading pundits, pollsters and prognosticators seem to agree that the re-election of President Obama is all but inevitable, why do grassroots Democrats seem so anxious and depressed? If the president’s most ardent supporters feel soul-deep certainty that their candidate has richly earned another term in office, then how is it that they universally acknowledge that he’ll draw far fewer votes than he did as an untried freshman senator four years ago? A revealing report by Joe Garofoli in the San Francisco Chronicle found local liberals “so freaked out about the prospect of President Obama losing his re-election bid that...
  • Amity Shlaes: Obama slanders the 1920s, ignore key lessons

    10/26/2012 7:01:28 PM PDT · by TurboZamboni · 6 replies
    pioneer press ^ | 10-26-12 | amity shlaes
    When it comes to our foreign policy, you seem to want to import the foreign policies of the 1980s, just like the social policies of the 1950s and the economic policies of the 1920s," President Barack Obama told Mitt Romney in their final debate. Obama got sloppy here. Presumably, the president was suggesting the 1920s represent economic failure. The decade represents just the opposite, as measured by the very goals on which the Democrats base their 2012 presidential campaign. Growth: Obama has spoken often and forcefully about economic growth. In just one debate, the second one, the president used the...
  • Iconic NY Steakhouse "Gallagher's", Which Survived The Great Depression, Is Closing

    10/26/2012 7:46:56 AM PDT · by Qbert · 8 replies
    Zero Hedge ^ | 10/25/2012 | Tyler Durden
    The Department of Labor's WARN (Worker Adjustment and Retraining Notification) website may have been exempt from layoff notices related to the fiscal cliff, but it still provides a sufficiently (bleak) complete picture about the real nature of layoffs and business cycle in general in America's busiest city. Which is why it was precisely using the WARN website that we learned that one of New York's most historic steakhouses, "NY's Prime Steakhouse since 1927" Gallagher's, located on 52nd street, and which survive the great depression, is shutting down on January 16. Surely neither the surging price of meat, nor the ability...
  • Autumn Leaves: Existing Home Sales Fall -1.7% (M2 Velocity Still Low) - WORST recovery since 1882

    10/20/2012 9:39:06 AM PDT · by whitedog57 · 3 replies
    confounded interest ^ | 10/20/2012 | Anthony B. Sanders
    Autumn is here, the leaves are turning color and existing home sales declined -1.7% in September. Here is my Fox Business interview with Laurie Rothman on the the housing recovery (and icebergs in its path). To be sure, there are stil supply problems such as over 2 million foreclosed homes still in pre-sale. Also, problems such as negative equity persist. Until housing prices rise more and negative equity fades away, supply problems are likely to continue in many parts of the nation. This comes on the heels of a excellent housing start report, partly fueled by The Fed’s massive purchase...
  • Creativity Linked to Mental Illness, Study Confirms

    10/17/2012 4:33:24 PM PDT · by Paradox · 38 replies
    Live Science ^ | 16 October 2012 | LiveScience Staff
    Creative types are thought to be more likely to suffer from mental illnesses, such as bipolar disorder and schizophrenia. A new large-scale study of the Swedish population helps confirm this link. Last year, researchers at the Karolinska Institutet near Stockholm found that families with a history of bipolar disorder and schizophrenia were more likely to produce artists and scientists. They built on this evidence in a new study, published this month in the Journal of Psychiatric Research, which covers a larger population sample and a wider scope of psychiatric diagnoses...