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Showing posts from November 19, 2012

» The Worst Economic Numbers In More Than A Year

The Worst Economic Numbers In More Than A YearMichael Snyder
Economic Collapse
Nov 16, 2012With everything else that is going on in the world, a lot of people have failed to notice that we are seeing some of the worst economic numbers that we have seen in more than a year.  For example, it was announced on Thursday that initial claims for unemployment benefits have hit their highest level in a year and a half.  Hopefully this is just a temporary blip in the data, because initial unemployment claims tend to have a very strong correlation with the overall performance of the economy.  We also continue to see poverty statistics rise.  According to government statistics released earlier this month, the number of Americans living in poverty and the number of Americans on food stamps are both at all-time record highs.  Meanwhile, the Dow and the S&P 500 are both down more than 5 percent since the election and the U.S. government rolled up 22 billion dollars more debt in October 2012 than…

» Top Economic Advisers Forecast World War Alex Jones' Infowars: There's a war on for your mind!

Top Economic Advisers Forecast World War Washington's Blog
November 18, 2012Kyle Bass, Larry Edelson, Jim Rogers and Marc Faber Predict Widespread WarKyle Bass writes:Trillions of dollars of debts will be restructured and millions of financially prudent savers will lose large percentages of their real purchasing power at exactly the wrong time in their lives. Again, the world will not end, but the social fabric of the profligate nations will be stretched and in some cases torn. Sadly, looking back through economic history, all too often war is the manifestation of simple economic entropy played to its logical conclusion. We believe that war is an inevitable consequence of the current global economic situation.Larry Edelson wrote an email to subscribers entitled "What the "Cycles of War" are saying for 2013″, which states:Since the 1980s, I've been studying the so-called "cycles of war" — the natural rhythms that predispose societies to descend into cha…