(SHTFPlan) – Amid growing concern that the global economy is teetering on the edge of a total collapse, governments in Europe, China and the United States continue to manipulate statistics in an effort to paint a picture of recovery and a return to normalcy. Read the rest of this entry »

(DailySheeple) – The Chinese economy is just as much a ponzi of fraud, corruption and fiat money as the U.S. economy is. The only difference is they are smart enough to be buying the gold that the imbeciles in the West are selling to them. Read the rest of this entry »

(PaulWatson) – It is with great sadness that we learned today of the passing of Bob Chapman, a true patriot and a frequent guest on the Alex Jones Show whose insight on the global economy was second to none. Read the rest of this entry »

The global economy may be deteriorating even faster than it did during the Great Depression, Paul Volcker, a top adviser to President Barack Obama, said on Friday. Read the rest of this entry »

The first, on May 21, headed “Climate change threat to Alpine ski resorts” , reported that the entire Alpine “winter sports industry” could soon “grind to a halt for lack of snow”. The second, on December 19, headed “The Alps have best snow conditions in a generation” , reported that this winter’s Alpine snowfalls “look set to beat all records by New Year’s Day”.
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MOSCOW, October 28 – Russian Prime Minister Vladimir Putin proposed on Tuesday that Russia and China gradually switch over to national currency payments in bilateral trade, expected to total $50 billion in 2008.

“We should consider improving the payment system for bilateral trade, including by gradually adopting a broader use of national currencies,” Putin told a bilateral economic forum.

He admitted the task would be tough, but said it was necessary amid the current problems with the dollar-based global economy. Read the rest of this entry »

President Bush, in an effort to coordinate international economic initiatives, plans to call for a summit of world leaders in the near future to address fears of a global recession, a senior administration official told FOX News.

The summit would focus on the global response to the financial crisis and pool ideas to prevent such a crisis from recurring in the future in a way that preserves the free market system.
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Many are surprised at the speed of events occurring with the current global economic collapse. Yet few appear to be aware of what is still to follow as events unfold in the days that lie ahead. For some years I have been writing about this economic collapse, and now will explain the events that will unfold over the coming weeks. Read the rest of this entry »

19/09/08 “CS” — – The Crash of 2008, which is now wiping out trillions of dollars of our people’s wealth, is, like the Crash of 1929, likely to mark the end of one era and the onset of another.

The new era will see a more sober and much diminished America. The “Omnipower” and “Indispensable Nation” we heard about in all the hubris and braggadocio following our Cold War victory is history.

Seizing on the crisis, the left says we are witnessing the failure of market economics, a failure of conservatism.

This is nonsense. What we are witnessing is the collapse of Gordon Gecko (“Greed Is Good!”) capitalism. What we are witnessing is what happens to a prodigal nation that ignores history, and forgets and abandons the philosophy and principles that made it great. Read the rest of this entry »