by Mac Slavo | Jan 15, 2010 | Headline News
President Obama, Ben Bernanke and Tim Geithner want us all to believe that the US economic recovery started in the 3rd quarter of 2009. The recovery theory is based on technical factors, specifically, that Gross Domestic Product (GDP) has been growing. Historically,...
by Mac Slavo | Jan 15, 2010 | Forecasting, Headline News
While most Americans understand that falling wages, job losses and contracting consumer credit leads to less spending, it seems that many economists just can’t figure out what happened to retail sales in December. Some earlier reports and estimates this month...
by Mac Slavo | Jan 14, 2010 | Marc Faber
Editor of the Gloom Boom & Doom Report, Dr. Marc Faber, says that a sovereign debt default in the PIIGS (Portugal, Italy, Ireland, Greece or Spain) may destroy the Euro, and a default in the US or Japan is also likely: (Video follows excerpts and commentary) I...
by Mac Slavo | Jan 14, 2010 | Headline News
In a brief article yesterday we reported out that the Red Cross had run out of medical supplies in Haiti following the earthquake that is believed to have killed tens of thousands. If you are a prepper or someone who is planning basic reserves if the SHTF, then...
by Mac Slavo | Jan 14, 2010 | Gerald Celente
Trend forecaster Gerald Celente joins Yahoo Tech Ticker on January 11, 2010. Topics of discussion include the Greatest Depression, China, Immigration, sustainable living and the ‘survival mode.’ Gerald Celente: The Anti China Backlash (Part 1 of 3) Gerald...