recession Archives - gandeste.org

95 Percent Of The Jobs Lost During The Recession Were Middle Class Jobs

contribuitor — Wed, 02 May 2012 03:40:14 +0000

Who is the biggest loser in the ongoing decline of the economy? Is it the wealthy? No, the stock market has been soaring lately and their incomes are actually going up. Is it the poor? Well, the poor are definitely hurting very badly, but when you don’t have much to begin with you don’t have […]

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What next for the Eurozone? – Possible scenarios for 2012

contribuitor — Fri, 09 Dec 2011 12:34:44 +0000

Executive SummaryExpect surprises next year. We are currently experiencing unprecedented levels of uncertainty in the Eurozone. The potential political and economic outcomes emerging from the Eurozone crisis in 2012 are disparate, although all share a similar theme. A harsh adjustment to a new fiscal reality will be unavoidable, regardless of the path politicians finally decide […]

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Bad News

contribuitor — Fri, 19 Aug 2011 06:37:49 +0000

The bad news about the economy just keeps rolling in. If this is an economic recovery, what in the world is the next “recession” going to look like? Today there was another huge truckload of bad economic news. The stock market had another 400 point “correction”, applications for unemployment benefits are up again, inflation is […]

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Worldwide Hyperinflation Race

contribuitor — Tue, 12 Oct 2010 07:06:38 +0000

In the USA and Europe, there is massive inflation to bail out the banksters. Aiming for stable exchange rates, other countries are also inflating their money. Politicians in other countries value their exports to the USA. As dollar inflation occurs, prices of non-US goods rise relative to US-produced goods. To keep exports at the same […]

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Crisis Awaits World’s Banks as Trillions Come Due

contribuitor — Tue, 13 Jul 2010 06:05:58 +0000

The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much notice: the trillions of dollars in short-term borrowing that institutions around the world must repay or roll over in the next two years. The European Central Bank, the Bank of […]

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Bilderberg To Prolong Global Financial Recession For Another Year

contribuitor — Sat, 10 Apr 2010 07:16:23 +0000

The Bilderberg Group will meet this year in Spain and continue to advance their agenda for world economic governance while agreeing to prolong the global financial recession for another year, according to Bilderberg sleuth Jim Tucker, who has discovered through his routinely accurate inside sources that the conference will take place from June 3-6. Bilderberg […]

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2010: “The Year of Severe Economic Contraction”

contribuitor — Mon, 14 Dec 2009 15:53:48 +0000

The upbeat reports in the financial media, belie the effects of the ongoing credit contraction. Massive injections of central bank liquidity have prevented the collapse of financial markets, but have done nothing to ease the deleveraging of households or stimulate activity the broader economy. The crisis has stripped $13 trillion in equity from working families […]

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Recession impact on EU budgets small compared with ageing -EU

contribuitor — Thu, 15 Oct 2009 05:40:39 +0000

The negative impact of the recession on European Union public finances is small compared with what the ageing of the EU population will do to budgets unless governments take action, the European Commission said. In a report on the sustainability of public finances in the 27-nation bloc, the EU executive said that to avoid a […]

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