Here’s your happy thought of the day from SocGen strategist Albert Edwards:
Over the last 15 years most investors have refused to contemplate that events in the West are playing out in a similar fashion to Japan in the 1990s. But the latest inflation data out of both the US and eurozone should [...]
This theme has been seized upon most dramatically by the conservative author Jonathan Last, whose book What to Expect When No One’s Expecting created alarming headlines across America this week. He is not satisfied to warn of rising pension and health-care costs. “Declining populations have always followed or been followed by Very [...]
Forget Greece, which is an “insignificant” economy, it is China that poses the biggest risk to the global economy, Marc Faber the editor and publisher of the Gloom, Boom and Doom report told CNBC on Friday.
“I think the biggest risk is actually China because if you look at Greece, it’s an insignificant economy,” Faber [...]
Cuban delivers a similar dose of medicine in writing,
You would think traditional university educators would take notice. Beyond allowing some of their classes to be offered online, they haven’t. They won’t.
Its the ultimate Innovators Dilemma. They don’t believe they should change and they won’t. Until its too late. Just [...]
If you enjoy watching financial doom, then you are quite likely to really enjoy the rest of 2012. Right now, red flags are popping up all over the place. Corporate insiders are selling off stock like there is no tomorrow, major economies all over Europe continue to implode, the IMF is warning that the eurozone [...]
Economist Marc Faber is often gloomy and almost always contrarian. Yet his latest prediction on the world’s wealthy may be among his most frightening yet.
In an interview on CNBC and in his latest “Gloom, Boom & Doom Report,” Faber says that the diverging fortunes of the rich and the rest has become [...]
The Russian thinking on the missile shield is instructive. Russia helps Iran with its nuclear and missile programs, then immediately gets aggressively hostile when the west actually wants to protect itself. This is the same Iran who is threatening doom on Israel and America. This is the number one terror supporting country on the planet. [...]
Reuters is running a long report titled: INSIGHT – Japan slowly wakes up to doomsday debt risk.
You can probably guess the gist. Japan has a lot of government debt, and some unnamed bureaucrats plus a former opposition party member says it’s a big deal and could prompt a Greek-like crisis.
… According to Kahlili, Ahmadinejad “believes that many of the signs of the Madhi’s return have emerged. Known as Hadiths, these signs include the invasion of Afghanistan, the bloodshed in Iraq, and the global economic meltdown.”
Islamic prophecy says chaos and war, famine and mass death will set the stage for the appearance of the [...]
David Morris will be reviewing the 1st episode of the National Geographic “Doomsday Preppers” survival TV show on February 7. David Morris will be posting comments to the SecretsOfUrbanSurvival.com website during the show, then adding a full analysis and review, providing people with actionable survival information.
Austin, TX. (PRWEB) February 07, 2012
Survival and [...]