Rockwell: Stuff your money in your mattress -- that is, save all you can, and don't put a dime in the stock market. Follow Rockwell's Law: always do the opposite of what government officials tell you.
With the mainstream media focusing on the country’s leveling unemployment rate, improving retail sales, and nascent housing recovery, one might think that the US government has successfully navigated the economy through recession and growth has returned. (more…)
12/23/09 Paris, France – What’s happening in the world of money is that the depression continues… You wouldn’t know it from reading the headlines or talking to economists. According to the official line, the US economy expanded 2.2% last quarter. (more…)
ARROYO GRANDE, Calif. (MarketWatch) — Jack Bogle published “The Battle for the Soul of Capitalism” four years ago. The battle’s over. The sequel should be titled: “Capitalism Died a Lost Soul.” Worse, we’ve lost “America’s Soul.” And, worldwide, the consequences will be catastrophic. (more…)
For those new to the forecasting experitse of Gerald Celente, we bring you a flashback to a 2004 Trends Journal forecast:
The “Great Recession” as it will become known by 2007, will maintain its grip for at least a generation. Consumer bankruptcy filings, running at about 1.55 million in 2003, will more than double, home foreclosures will skyrocket, businesses of all sizes will collapse and government debt will soar as the income stream from tax sources shrink.
“The more we sweat in peace the less we bleed in war.”
~ Vijaya Lakshmi Pandit
As we approach what many say will be the “Greatest Depression” I was inspired to combine lists into items needed in hard times. What follows is a list of lists covering areas that sustain the average family.
Most US families have no such checklist. Good times, as far as we can remember, don’t inspire planning for hard times. We’ve been immune from such worries for 65 years since the end of World War II. The average historical memory is probably only 20–30 years. (more…)
What the main stream media won’t report, is the real numbers of unemployment form the BLS, a government reporting agency, is the closest reporting they have for true unemployment. Can anyone say depression? This country is headed for a collision course with a brickwall.
