Economic Collapse -- Why It Won't Be Stopped

The Fake Recovery

The phony recovery that Obama the Liar touts is shown for the mirage that it is. Even the pathetic "growth" of 1.7% is due to the artificial propping up (bailouts, "stimulus", Fed manipulation of interest rates, money printing) of the what's left of the economy.

Real GDP increased 1.7 percent in 2011 (that is, from the 2010 annual level to the 2011 annual level), compared with an increase of 3.0 percent in 2010.-Business Insider: 1.7%

Nostradamus 2012 - A Load of Old Codswallop?

State Of The Union 2012 Analysis

Bret Alan Live Blogging the State of the Union

Live Blogging the 2012 State of the Union

30 Signs the Middle Class is Dying...

Spectre of 1932 Haunting 2012?

For the most chilling parallel, though, we should look back exactly 80 years, to the cold wintry days when 1931 gave way to 1932.

The ultimate warning from history: If our political leaders fail to provide adequate direction the results, as demonstrated 80 years ago, could be catastrophic
Then as now, few people saw much to mourn in the passing of the old year. It was in 1931 that the Great Depression really took hold in Europe, bringing governments to their knees and plunging tens of millions of people out of work.

Then as now, the crisis had taken years to gather momentum. After the Wall Street Crash in 1929 — just as after the banking crisis of 2008 — some observers even thought that the worst was over.

But in the summer of 1931, a wave of banking panics swept across central Europe.


Read more: http://www.dailymail.co.uk/news/article-2080534/Loss-faith-democracy-make-2012-frightening-year-ever.html#ixzz1iJYwRdPf

Is the Euro Crisis Over?

William K. Black, Paolo Manasse, and John Weeks discuss the Euro and the danger of global recession.

Economic Crisis In Britain Taking Toll On Mental Health

Britain's economic crisis appears to be taking its toll on the mental health of the nation. According to the National Health Service, more and more people are resorting to anti-depressant drugs, possibly to help them get through periods of unemployment and the mounting economic insecurity.


But it's great for the profits of Big Pharma!

Overcounted Home Sales

Data on sales of previously owned U.S. homes from 2007 through October this year will be revised down next week because of double counting, indicating a much weaker housing market than previously thought.-Realtors: We Overcounted Home Sales for Five Years

Planning For The End Of The Euro

From the Financial Times:

Concerned that Europe’s political leaders are failing to control the spreading sovereign debt crisis, business executives say they feel compelled to protect their companies against a crash that can no longer be wished away.

Read the rest: Businesses plan for possible end of euro

Is There a Risk The Euro Will Collapse?

Wells Fargo Chief Economist John Silvia and Euro Pacific Capital Senior Market Strategist John Browne on the European debt crisis and its impact to the Euro and U.S. economy.