Are you ready for what’s coming?

Posted by Matt in March 16th, 2010 | no comment

Published in Economy, Financial Crisis, Bad Shape, Casey, Collapse 2, Critical Juncture, Dependence, Economy, Email List, Fdic, Foreigners, Government Takeover, Interest Rates, Kindness, Loans, Outlook, Pensions, Problem Banks, Purchasing Power, Real Estate, Stocks, Unemployment

Check out this report by Casey Research titled, “The Good, Bad and Ugly: Outlook for the Economy.”
Get report here.
The report is not all bad, just mostly bad. Here are a few key points:
1. Debt is at a critical juncture and vulnerable to collapse.
2. Government takeover of the economy.
3. Dependence on the kindness of foreigners.
4. The [...]

Chinese slowdown is biggest threat to prosperity, says WEF – Times Online

Posted by Matt in February 7th, 2010 | no comment

Published in China, Economy, Capital Markets, China, Faces, Future World, Global Commodity, Lead, Mankind, prosperity, S Trading, Sharp, Slowdown, Social Unrest, Trading Partners, Unemployment, World Economic Forum

A sharp slowdown in China is one of the biggest threats to future prosperity, the World Economic Forum said in its latest assessment of the risks that mankind faces.
A slowdown could lead to serious unemployment and social unrest in China and badly hit the country’s trading partners, as well as global commodity and capital markets,…
Chinese [...]

Thousands rally to urge Russia’s Putin to resign – Yahoo! News

Posted by Matt in January 30th, 2010 | no comment

Published in Russia, Anger, Baltic, Boris, Communists, Echo Moskvy Radio, Enclave, Kaliningrad, Leader Of Opposition, Opposition Movement, Political Parties, Precursor, Prime Minister, Rare Show, Resignation, Russia News, Solidarity, Unemployment, Utility Bills, Vladimir Putin, Yahoo People

Up to 10,000 people rallied in the Russian Baltic enclave of Kaliningrad Saturday demanding the resignation of Prime Minister Vladimir Putin over living costs and unemployment, a rare show of anger with the popular figure.
Boris Nemtsov, a leader of opposition movement Solidarity, told Echo Moskvy radio people were protesting against a “25-30 percent” rise in [...]

The 10 and 10 rule: Bad news for U.S. and China alike – Fortune Brainstorm Tech

Posted by Matt in January 27th, 2010 | no comment

Published in Economy, Bad News, Buzz, Consumption, Driven, Economic Growth In China, Economic Weakness, Economy, Expression, Fears, Fortune, News China, Unemployment, United States

Concern over the future of the economy and finger pointing over what went wrong have dominated the first day’s discussions. There’s even an emerging buzz expression to capture the fears of the financierati. It is “10 and 10,” and refers to the unhealthy combination of 10% unemployment in the United States with 10% economic growth [...]

Top Risk No. 4: U.S. financial regulatory reform | The Call

Posted by Matt in January 13th, 2010 | no comment

Published in Geopolitical, Afghanistan, climate change, Horizon, Ian Bremmer, Mid Term Elections, New Year, Obama, Policy Success, Popularity, Recession, Regulatory Reform, Risk, Unemployment, United States

On balance, 2010 is looking like a tougher year for President Obama than 2009 proved to be. Going into the new year, he has succeeded in kicking Afghanistan and climate change down the road, but pulling off real policy success on either still looks unlikely. Unemployment remains high as the country pulls weakly out of [...]

Financial Boom: This Time is Different

Posted by Matt in January 10th, 2010 | no comment

Published in Economy, 13th Century, Amazon, Authors, Charts And Graphs, Congress, Derivatives, Economic Policies, Financial Crises, Financial Crisis, Financial Deregulation, Follies, Government Debt, Heroic Work, Human Suffering, Investment Banking, Monumental Effort, National Leaders, Policymakers, Primary And Secondary Sources, Regulators, Reinhart, Rogoff, Savings And Loans, Shenanigans, Six Years, Unemployment, Utter Failure

The authors’ findings are sobering. They conclude that the road out of financial crisis is long and arduous. Financial crises around the world have been followed by five years of rising unemployment and six years of falling housing prices. Government debt typically balloons 86%.
Reinhart and Rogoff note that financial deregulation often preceded meltdowns: “It helped [...]

Warnings of social unrest due to rise – Mexico – The News

Posted by Matt in January 1st, 2010 | no comment

Published in Forecasts, Mexico, Consequence, Deputies, Economic Crisis, Federal Government, Fernando Morales, Gasoline, Mexicans, Mexico News, Pri Mexico, Risk, Social Unrest, SocialUnrest, Tortillas, Unemployment

PRI Deputies warn of the risk Mexico runs of coming undone by social unrest due to the rise in the price of basic products such as tortillas as a consequence of the two increases in the cost of gasoline authorized by the Federal Government.Fernando Morales and Jorge Herrera, in separate interviews, acknowledged that this situation [...]

Social Unrest in Russia Due to the Financial Crisis

Posted by Matt in January 1st, 2010 | no comment

Published in Forecasts, Russia, Ban Ki Moon, Countries, Economic Situation, Electricity, Financial Crisis, Financial Reserves, Lay Offs, Lead, National Budget, Public Discontent, Public Panic, Russia, Russians, Six Months, Social Unrest, Un Secretary General, Unemployment, Unpaid Wages

UN Secretary?General Ban Ki?moon has warned that the financial crisis will lead to growing social unrest in countries across the world9. This is as true for Russia as it is for other countries.
Russians have become used to higher living standards, and the country’s worsening economic situation is beginning to see some public discontent, especially among [...]

The Next Financial Crisis is Local – Newsweek.com

Posted by Matt in December 29th, 2009 | no comment

Published in Financial, American Economy, Crises, Financial Crisis, Jobs, Kick In The Shins, Lagging Indicator, Newsweek, State Budget, Unemployment

How the forthcoming state and local budget crises could slow down the American economy.
It’s a lagging indicator’s lagging indicator, and one that could give the economy a kick in the shins just as it’s getting back on its feet. Even though growth is picking up and the nation could add jobs as early as this [...]

We are at risk of a trade war – and the West has most to lose – Telegraph

Posted by Matt in December 26th, 2009 | no comment

Published in Trade, Aftermath, Comfort Blanket, Extremism, Global Economy, Great Depression, International Commerce, Measures, politicians, Protectionism, Rash, Realities, Recession, Second World War, Tariffs And Quotas, Telegraph, Trade War, Unemployment, Wall Street, Wall Street Crash, Worldwide Deal

The global economy now badly needs an over-arching “trade round” – a worldwide deal to boost international commerce, while keeping protectionism in check. After all, it was the rash of tariffs and quotas imposed in the aftermath of the 1929 Wall Street crash that put the “Great” in the “Great Depression”. While economically disastrous, such [...]