Economist Nouriel Roubini, nicknamed ‘Dr. Doom’ for his gloomy predictions in the run-up to the financial meltdown four years ago, says the fallout from that crisis could last the rest of this decade.
Dr Roubini, widely acknowledged to have predicted the crash of 2008, sees tough times ahead for the global economy and is warning [...]
This week has been interesting with several implied threats of nuclear war by Russia. Below are the links from my Favorities section over the last couple of months.
The Chinese Communist Party’s placement of regime security over national security interests is typical of autocracies. It’s also very dangerous.
In contrast, in autocracies, regime security and national security often conflict. Because in such systems the fall of government also means the collapse of the regime, the ruling elites characteristically assign a higher priority [...]
“On another optimistic note,” Dr. Faber said sarcastically, “World War III will occur in the next five years. That means the Middle East will blow up. New regimes there will be less Western-friendly. The West has also figured out it can’t contain China, which is rising rapidly and will have more military and naval power [...]
Real estate may be a risky investment these days, but 2012 is a particularly ripe period for apocalyptic scenarios: Rogue nuclear missile attacks, meteors or space junk crashing down from the heavens, the End Times rapture, or even sketchy Mayan prophesies. So Denver-based developer Larry Hall is making a big bet on a [...]
The last New Year’s Day in human history is here.
You may not believe so, but millions do. They’re convinced that ancient Maya priests calculated Dec. 21, 2012, as the end of the world as we know it. These claims and warnings, prognostications and reassurances are on bookstore shelves, on Web sites, in museum exhibits [...]
Find out why America is in pretty serious trouble according to the Bible. It gives us some signs that appear to be close at hand. These signs indicate the approach of doom. America in Bible prophecy may be short and brutal.
In interpreting Bible prophecy one must think about the possibility of multiple futures or [...]
In 2012 we will be moving into the fifth year of the global economic crisis with no end in sight. When is the last time we’ve seen something like this before? It sure is starting to look like a depression, plus I’m seeing more articles pointing this out.
During the last depression it wasn’t clear [...]
The economist known as “Dr. Doom” for his 2008 recession prediction says the world may be headed for another financial crisis.
New York University professor Nouriel Roubini said Wednesday that Europe’s debt troubles are so profound that the continent is falling into a “recession that will get worse and worse.”
And a deep recession likely [...]
Pentagon planners have plenty to deal with these days – Iran in search of nuclear-weapons technology, suicide bombings in Afghanistan, and the final pullout of US troops in Iraq potentially leaving behind a security vacuum in the Middle East. But in war games in Washington this week, US Army officials and their advisers debated three [...]