World-News

http://www.commondreams.org/view/2011/08/10-0

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The Next Crash Will Be Much Worse Than 2008
http://lewrockwell.com/faber/faber116.html

The collapse is happening
http://lewrockwell.com/celente/celente77.1.html

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Jeremy Grantham: The US Is A Banana Republic

When a top investor like Grantham sees the US like this, is it any surprise the market has crashed?

http://www.businessinsider.com/jeremy-grantham-danger-children-at-play-2011-8


From Information Clearing House

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Valuable lessons from federal spending and debt

Future of Freedom Foundation
by Jacob G. Hornberger

08/10/11

Americans are getting some great lessons in both economics and history in the federal spending-debt crisis. Yesterday, the Federal Reserve announced that it definitely intends to keep interest rates low for two more years. Translation: We will inflate (and debase) the currency to whatever extent necessary to get the economy rolling again...

http://www.fff.org/blog/jghblog2011-08-10.asp



End this agony

Ludwig von Mises Institute
by Robert P. Murphy

08/10/11

In the wake of the stock-market plunge and S&P downgrade, economic pundits of all stripes are rushing to explain events. But as so often happens in economics, 'believing is seeing.' Keynesians, monetarists, and Austrians can all look at the slow-motion train wreck and feel vindicated by the data...

http://mises.org/daily/5538/End-This-Agony



'A funny thing happened on the way to the apocalypse'

Living Freedom
by Claire Wolfe

08/10/11

But what if there is never a recognizable trigger point? What if we just go on like this - until perhaps we realize the 'it' we have been waiting for actually happened a long time ago and nobody even saw it until long after the fact?

http://bit.ly/om2R24



Quantitative easing forever?

Foundation for Economic Education
by Christopher Lingle

08/10/11

Despite assertions that it has ended its policy of quantitative easing (QE), the Fed is unlikely to be able to do so until it also ends its zero-interest-rate policy (ZIRP). This deadly policy duo has had terrible consequences for the American economy and every country using U.S. dollars, which continue to depreciate. It is as though the Fed were riding on the back of a double-headed monster...

http://tinyurl.com/43l3ame



Yes we can

Future of Freedom Foundation
by Laurence M. Vance

08/10/11

Yes we can, Mr. President, yes we can. We can close the deficit with just spending cuts. Congressman Ron Paul recently explained how in language so simple that even a politician who never worked in anything but a government job could understand. ... We are not even talking about paying down the national debt and eliminating unconstitutional entitlement programs - just cutting spending to the point where outlays don t exceed revenues...

http://www.fff.org/comment/com1108g.asp


Informant: Thomas L. Knapp

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Economic Crisis or Nonviolent Opportunity? Gandhi s Answer to Financial Collapse

Michael Nagler, Waging Nonviolence: 'The real purpose of an economic system is to guarantee to every person in its circle the fundamentals of physical existence (food, clothing, shelter) and the tools of meaningful work so that they can get on with the business of living together and working out our common destiny. This was Gandhi s vision, among others'.'

http://www.truth-out.org/economic-crisis-or-nonviolent-opportunity-gandhis-answer-financial-collapse/1313084331



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ron+Paul
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=economic+crisis
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=collapse
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bailout
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=quantitative+easing
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=federal+spending
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=deficit
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Federal+Reserve
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Standard+&+Poor
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=stock+market
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Keynes
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=apocalypse
http://freepage.twoday.net/search?q=Jeremy+Grantham
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Robert+Scheer
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=com/faber
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=celente
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Jacob+G.+Hornberger
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Claire+Wolfe
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Robert+P.+Murphy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Christopher+Lingle
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Laurence+M.+Vance
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Michael+Nagler
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