The spectre of the 1930s financial crisis that culminated in the rise of Adolf Hitler’s Nazi party and the Second World War is stalking Europe.
In May 1931, Creditanstalt, founded in Vienna by the Rothschild banking dynasty and the biggest lender in what remained of the Habsburg Empire, suffered a run. Its collapse after a [...]
The demise of two-parent families in the U.S. has been an economic catastrophe for society.
In its broad outlines, the story is familiar by now. In 1965, 93% of all American births were to women with marriage licenses. Over the next few decades, the percentage of babies with no father around rose steadily. As [...]
The widespread use of deposit guarantees and the use of EU Government Bonds as any form of security will directly lead to a collapse in the value of the Euro.
Devaluation seems the only real exit now for Europe, Germany again will be a huge winner from such a move.
Devaluation either by [...]
This is off-topic, but I found it interesting so I’m passing it along.
I agree with Jobs’ assessment on why companies fail. I have seen this effect in action at companies I’ve worked at.
“The company does a great job, innovates and becomes a monopoly or close to it in some field, and then the [...]
The real story behind Putin’s return to the throne: Russia is headed for economic catastrophe, and nothing he does can stop it.
… The rigid system is teetering, and its key components are breaking down. Oil money is running out, the economy is sputtering, social discontent is growing, all of the massive problems [...]
Predicting Russia’s imminent economic collapse is a favorite hobby of many observers, despite often-tenuous grounds for the argument. For example, when you hear a prediction of a double dip US recession coupled with the European debt crisis that could cause oil prices to plummet, bringing economic catastrophe to Russia, it is easy to dismiss the [...]
The West’s problems are, however, nothing compared to the social and economic catastrophe shaping in China.
The one-child policy has, in its own harsh terms, worked: reducing births by between 300 and 400 million. But it has induced a premature, and alarmingly rapid, ageing process. China has given itself a rich country’s problem before it [...]
Manly men have been running the world forever. But the Great Recession is changing all that, and it will alter the course of history.
The era of male dominance is coming to an end.
For years, the world has been witnessing a quiet but monumental shift of power from men to women. Today, the [...]
The economic crisis is affecting Russia worse than most developed or emerging economies, but its direct impact, such as the recession in industry that is expected to become even more serious in February, is multiplied by the psychological shock from the sudden collapse of belief in a resurgent Russian state. … and included three key [...]