Indiadaily.comhttp://www.indiadaily.com/us_pres_elec.aspIndiadaily.com delivers information on the latest top stories, entertainment, politics, Investments, Business and Finance, Money, World, and more.en-us© 2006 Indiadaily.com11/21/2009Japanese and US bond rally confirms deflation in jobs and mainstream economy, hyperinflation in commodities as dollar crashes - the economic 101http://www.indiadaily.com/editorial/21159.aspThe main stream economy and the job sector faces deep deflation and depression. However, the crash in US Dollar is driving Gold higher creating a hyperinflation in commodities.Nov. 12, 200915 US States are almost bankrupt - rizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin, Colorado, Georgia, Kentucky, NewYork, Hawaiihttp://www.indiadaily.com/editorial/21153.aspAt the same time, higher joblessness and underemployment mean more people need government-sponsored health care and social safety-net programs, further taxing state services.Nov. 12, 2009Orders for Japanese machinery rose more than twice the pace economists estimated in September, 10.5 percent from a month earlierhttp://www.indiadaily.com/editorial/21152.aspThe yen rose sharply on the news. Gold is also moving up sensing hyperinflation. The data issignaling that a recovery in the world’s second-largest economy may be sustained.Nov. 11, 2009Sprint Nextel Corp is taking actions to eliminate 2,000 to 2,500 jobs in the current quarter http://www.indiadaily.com/editorial/21139.aspIt will take a charge of $60 million to $80 million in the current quarter for severance payments and other costs related to the cutbacksNov. 9, 2009More than 15 million Americans are out of work and 3.5 million lost their jobs this yearhttp://www.indiadaily.com/editorial/21119.aspThey do not call it a depression, it is far worse than a depression because another 150 million Americans are deeply underemployed.Nov. 7, 2009US depression a reality as 101-year-old commercial lender, filed for bankruptcy http://www.indiadaily.com/editorial/21113.aspUS economic depression is real. There is no way the Federal Reserve and the bail out mecahnisms can continue to provide endless fiscal bailout money to these institutions.Nov. 1, 2009Unemployment claims, fall in payrolls will point to accelerating deterioration in job market while hyperinflation in borrowed stimulus driven commoditieshttp://www.indiadaily.com/editorial/21112.aspThe picture is clear. It is a failure of fiscal policies that was an entension of failed Bush policies. The job market went no where, while oil went to $80 a barrel, gold, $1050 an ounce.Nov. 1, 2009U.S. Stocks sharply down over declining consumer spendinghttp://www.indiadaily.com/editorial/21098.aspSpending by U.S. consumers fell in September for the first time in five months. It is the firsdt sign of the trillion dollar stimulus effect getting exhausted.Oct. 30, 2009Oil rises to $80 a barrel as US economy finds temporary growth from trillions of borrowed stimulus money - a long term nightmare looms as commodity inflation spikes with little job growthhttp://www.indiadaily.com/editorial/21089.aspThe job growth in the US economy is dismal. The most of the borrowed stimulus money is wasted in creating commodity inflation and bailing out failure in big corporate and banking governance.Oct. 30, 2009A confirmation of global depression - Japanese auto products nose dives to 34-year low - export market crashed to a 50% downhttp://www.indiadaily.com/editorial/21087.aspThe news just confirms the global depression although its is stealth because of coordinated Government propaganda all around the world.Oct. 30, 2009