Great video of economist John Mauldin talk about where America is going with all this debt being created in the name of economic recovery. John Mauldin has been a guest on Yahoo Finance, Reuters and other financial news network before discussing his views on the U.S and other economies.
After watching this video or his presentation you will see just how grave the economic situation is in the United States.
Here are a few links describing the Chinese astrology predictions for the year 2012, which is the year of the “Black Water Dragon”, the dragon is the astrological sign and water is the element. Some say it will not be as volatile as 2011 and also because dragon is a sign of wealth, power and prosperity some people might have a good 2012.
Many economic analyst out there are warning that the Canadian housing market is overvalued and flooded with supply. While the U.S housing market crashed in 2007 and still have not recovered, Canada during that time has boomed.
However, Canada is not completely immune to global slowdowns. If anything we are in a delayed cycle, Canadians now have record high debt levels and are buying houses driving prices higher on cheap mortgages. This behavior in somewhat like what happen to American’s except we are a few years behind.
What Jim Rogers is predicting for year 2012 doesn’t seem to be very good for the U.S. All real data and signs point to some very bad things happening, but if you listen to mainstream media or the fantasy / illusion (propaganda) that is pushed to people everything is O.K.
Only time will tell, I personally think the first 3 months of the new year 2012, will set the tone.
Finally after pressure from the Canadian Radio-television and Telecommunications Commission (CRTC) Bell is going to stop traffic shaping / throttling of internet traffic of their Internet customers. They were targeting specifically peer-to-peer users like BitTorrent and other P2P services. This is a good move for Bell and I think they will gain lots of customer from Rogers Internet.
The main stream media always use the word “recovery” very lightly and liberally even though the truth of the matter with the U.S and world economy is that things are getting worse. This is the way the media lie to people to get them to keep spending. The worlds debt keeps increasing at the fastest rate in history and people all around the world are suffering, because of stupid bets made by both banks and governments.
The Chevy Volt was praised as being a game changer in the electric car market, but bugs and complaints are starting to creep up. The Volt’s is made to travel hundreds of miles before needing to recharge and the owners’ of Chevy Volt’s have raised complaints on whether the Volt’s cord can handle every outlet away from home.