Great little movie with some history, detailing what has happened over the last 5 years.
Archive for the ‘Economy’ Category
No Santa Claus Rally This Year 2011 In The Stock Markets – All Technicals Point To “Nay”
Saturday, November 26th, 2011
Looking at current economic events, it doesn’t seem like there will be any trigger for a “Santa Claus” rally in the markets this year. Not, just the macro picture is saying this, the technical analysis of the charts say the same thing, there has been a breakdown in the price actions across all markets around the world.
I personally have a bad feeling about December 2011 and January 2012 for the markets. Read the article below by ZeroHedge for more details.
Gerald Celente Money Lost Due To MF Global Bankruptcy – His Account Holdings Lost
Friday, November 18th, 2011MF Global Holdings Ltd Is The Trigger For The Next Financial Crisis, Just Like Lehman Brothers In 2008
Friday, November 18th, 2011
Back in 2007-2008, Bear Sterns and Lehman Brothers collapse. The toxic debts that cause their collapse and the ensuing financial meltdown has attributed to the bail out of the banks using taxpayers money totaling over 60 billion. Since then millions of jobs are lost, real estate super slump and debt problems across the U.S has not improved and this is coming back to bite the U.S and the world in the ass.
If United States Collapse, Canada Will Hurt Alot Economically
Monday, November 14th, 2011
The U.S Federal Reserve is a major central bank in the world that has been over the past 100 years devaluing the U.S dollar downward by 97%. So you see, we are getting pretty close to 100%…how long will this take though? Maybe 5 years, maybe 10 years.
If the America economy and U.S dollar collapse, here are reasons why the Canadian dollar will not survive as well:
Recession Coming In 2012 According To Gary Schilling – Author of “The Age of Deleveraging”
Thursday, November 10th, 2011
According to Gary Schilling the U.S economy has sputtered along and is now pretty much stalling. The housing market is going now where as well as the job market. People with no jobs means more people are cutting back their spending, hence when all this comes to roost the recession is here.
So far, the data presented to you by Wall Street and the U.S Government statistics are backward looking and to some extent cooked to make the economy look better than it actually is.
Dow Jones Industrial Average Down 389 Points Today, Is It Downhill From Here?
Wednesday, November 9th, 2011
All U.S stock market indexes took roughly a 3.5% haircut today. Question is this, “Is it down from here?” and “Is there going to be a santa claus rally this year?”
The answer to both of these question is who knows, anybody’s guess. The stock market now a days have pretty much been manipulated by the U.S Government and Federal Exchange who pump borrowed /printed money into the markets to inflate them.