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Archive for Great Depression

Europe, Unemployment and Instability

The global financial crisis of 2008 has slowly yielded to a global unemployment crisis. This unemployment crisis will, fairly quickly, give way to a political crisis. »»

Worst Since World War II: 50% Unemployment: Over Six Million Teens and Young Adults Are Out of Work and Not In School

Amid a worsening fiscal crisis, a crumbling economy, and the destruction of over 40% of America’s wealth in just the last few years, it should be quite »»

Currency Meltdown Coming

The situation in Japan is getting worse, not better. There are shortages in food, fuel and warm dry shelter. To make matters exponentially worse, nuclear »»

Is the Next Global Food Crisis Now in the Making?

Recent weeks have produced a series of grim and related headlines: Russia has declared a state of emergency because of drought in 12 regions, while »»

Why Not Another World War?

There is overwhelming agreement among economists that the Second World War was responsible for decisively ending the Great Depression. When asked why the wars in »»

Economic Meltdown: The Final Phase

In the financial life of every culture built upon faulty monetary policy, there are points at which the thin thread of »»

Barack Obama accused of making ‘Depression’ mistakes

Barack Obama is committing the same mistakes made by policymakers during the Great Depression, according to a new study endorsed by Nobel laureate James Buchanan. »»

British economic collapse rivals Great Depression

The collapse in Britain’s economy now rivals the worst days of the Great Depression, it has emerged.
Economic output shrank by 5.6pc in the 12 »»