by JC Collins
Philosophy of Metrics
“This is really an old lesson for a new era. At such a momentous time as this, we need to choose the ethos of 1944 over 1914. We need to rekindle the Bretton Woods spirit that has served us so well.” – Christine Lagarde, Managing Director of the I.M.F. Feb 3, 2014.
With the acceleration of economic and monetary events McAlvany Financials produced a short film series detailing the future of the US Dollar currently serving as the world’s reserve currency. The pressure being brought to bear to collapse the dollar and replace it with another currency is enormous. [Read more…]
Msnbc notes:
Many Americans believe that the 2008-2009 downturn never ended.
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The U.S. has entered a second recession. [Note: That this would happen has been obvious to anyone paying attention. See this and this.] It may not be as bad as the first. Economists say that the Great Recession began in December 2007 and lasted until July 2009. That may be the way that the economy was seen through the eyes of experts, but many Americans do not believe that the 2008-2009 downturn ever ended. A Gallup poll released in April found that 29 percent of those queried thought the economy was in a “depression” and 26 percent said that the original recession had persisted into 2011.
(Indeed, more Americans believe the U.S. is in a depression than believe that the economy is growing). [Read more…]
This week’s Keiser Report covers –
“This week Max Keiser and co-host, Stacy Herbert, report on ‘no buyers’ at the firesale of Greek national income producing assets and on Ben Bernanke as the Taliban of finance. In the second half of the show, Max talks to economist Yanis Varoufakis about the bailout and austerity packages for Greece.”
Our country is on the verge of financial Armageddon! Please forward this to everyone you know. This is the second video produced by Blaise Ingoglia.
httpv://www.youtube.com/watch?v=VtVbUmcQSuk&feature=player_embedded
Click “Government Gone Wild” to learn more.