Michael Snyder, Contributor Activist Post.com Sunday, September 30, 2012 The Federal Reserve continues to pump up this “bubble economy” by recklessly printing money and by setting interest rates artificially low, and the U.S. Congress continues to stand aside and allow them to systematically destroy our economy. The U.S. Congress could choose to end this... »
Archive for October 1st, 2012
The Federal Reserve Sends Thank You Letters To Congress For Letting Them Destroy Our Economy In Secret
More Evidence That Australia Is In Big Trouble
Sam Ro BusinessInsider.com Sep. 30, 2012 Australia’s manufacturing PMI fell to 44.1 in September from 45.3 in August. Any reading below 50 signals contraction in the industry. “Most worryingly for the outlook, the contraction in manufacturing new orders extended into a seventh month,” wrote the Australian Industry Group. Australia’s economy boomed as its huge... »
October Begins: World Economies Show Continued Contraction – Crucial PMI Numbers Coming In WEAK!!! China, Australia, Taiwan, Indonesia PMI All Came In Worse Than Expected!!! Markets Are Preparing For Spain To Get Downgraded! U.S. Futures Are Down!
Investmentwatchblog.com October 1st, 2012 It’s global PMI day And Crucial PMI Numbers Coming In WEAK!!! SCORECARD Japan: Markit/JMMA Manufacturing PMI — 48.0, up from 47.7 in August China: HSBC Manufacturing PMI — 47.9, up from 47.6 in August Australia: AiG Manufacturing PMI — 44.1, down from 45.3 in August Netherlands: NEVI Manufacturing PMI —... »
Riots Spreading All Over Europe: Deepening Austerity Is Likely To Trigger Massive Civil Unrest And Even Revolution
Investmentwatchblog.com September 30th, 2012 Roubini: Europe Situation May Turn Disorderly Farage: We face the prospect of mass civil unrest, even revolution Thousands march in Paris against austerity PARIS – Thousands of demonstrators marched peacefully Sunday in Paris to denounce austerity measures in Europe that have sparked violent protests in other EU countries struggling to... »
U.S. Counting Down to Hyperinflation
By: GoldSilverWorlds Market Oracle Sep 30, 2012 John Williams, who is the founder of ShadowStats.com, stated during a recent interview that the US is on track to become victim of hyperinflation the latest in 2014. He believes that “open ended QE” (which is nothing more than monetizing debt) is the key problem. He explains... »
Big Changes Are Coming, But The World Will Not End
KingWorldNews.com September 30, 2012 Today 40 year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News. Fitzwilson, who is founder of The Portola Group, warned, “Changes are coming, but it doesn’t mean the world will come to an end. But financial regime changes do result in a massive transfer of wealth... »