Japanese and US bond rally confirms deflation in jobs and mainstream economy, hyperinflation in commodities as dollar crashes - the economic 101
Peter Oberois
The 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.
READ MORE>>

15 US States are almost bankrupt - rizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin, Colorado, Georgia, Kentucky, NewYork, Hawaii
Sonja Sonders
At the same time, higher joblessness and underemployment mean more people need government-sponsored health care and social safety-net programs, further taxing state services.
READ MORE>>

Orders for Japanese machinery rose more than twice the pace economists estimated in September, 10.5 percent from a month earlier
Ken Roberts
The 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.
READ MORE>>

Sprint Nextel Corp is taking actions to eliminate 2,000 to 2,500 jobs in the current quarter
Tania Harding
It will take a charge of $60 million to $80 million in the current quarter for severance payments and other costs related to the cutbacks
READ MORE>>

More than 15 million Americans are out of work and 3.5 million lost their jobs this year
Fred Day
They do not call it a depression, it is far worse than a depression because another 150 million Americans are deeply underemployed.
READ MORE>>

US depression a reality as 101-year-old commercial lender, filed for bankruptcy
Peter Oberois
US 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.
READ MORE>>

Unemployment claims, fall in payrolls will point to accelerating deterioration in job market while hyperinflation in borrowed stimulus driven commodities
Sam Adelton
The 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.
READ MORE>>

U.S. Stocks sharply down over declining consumer spending
Sam Adelton
Spending 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.
READ MORE>>

Oil 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 growth
Peter Oberois
The 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.
READ MORE>>

A confirmation of global depression - Japanese auto products nose dives to 34-year low - export market crashed to a 50% down
Kirsten Rabke
The news just confirms the global depression although its is stealth because of coordinated Government propaganda all around the world.
READ MORE>>

NJ payment of $1 million to Goldman Sachs for bogus interest- rate swap agreement is a Repuplican cheap stunt before election but who will prosecute criminally negligent oversight and Goldman Sach's fraudulent behavior?
Special Correspondent
No wonder Goldnman Sachs can give billions in bonuses to their employees in this time of economic depression. No wonder NJ State is busy wating tax payers money to the corrupt wealthy that controls the power base.
READ MORE>>

Economy on life support - 225000 Americans losing their unemployment benefits every month - exploding underemployment
Joe Weinman
The exponential growth in underemployment is alarming. The trend that started in 1981 is exploding now creating devastating effects on the economy.
READ MORE>>

MORE ARTICLES >>