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Slideshow: Apocalypse How? Dire ’12 Forecasts: Pessimistic Prognosticators – Bloomberg

Pessimistic Prognosticators

Only the gloomiest of Wall Street’s prognosticators got it right in 2008 and 2009. Since then, their pessimism has been infectious. On almost any investing topic — from emerging markets to U.S. stocks, from commodities to sovereign debt — there are respected experts predicting the worst.

So far, apocalypse hasn’t arrived. The U.S. economy shows signs of life. Europe is muddling through its debt concerns. The economies of China and India have slowed but not stalled.

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If these commentators, who range from short-seller Jim Chanos to GMO’s Jeremy Grantham, prove prescient — and Bloomberg.com will check in later this year to see if they are — the biggest surprise in 2012 would be some truly good news.

Slideshow: Apocalypse How? Dire ’12 Forecasts: Pessimistic Prognosticators – Bloomberg

Hidden Travels of the Atomic Bomb

Here are some of paths of the atomic bomb:

America => Russia => China

China => Algeria
China => Pakistan
China => North Korea

Pakistan => Libya
Pakistan => Iran

France => Israel

Israel => South Africa

All paths stem from the United States, directly or indirectly. One began with Russian spies that deeply penetrated the Manhattan Project. Stalin was so enamored of the intelligence haul, Mr. Reed and Mr. Stillman note, that his first atom bomb was an exact replica of the weapon the United States had dropped on Nagasaki.

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Watch the slideshow.