Can The American People See Their Black Hole?

Posted by admin on Feb 26, 2009 in borrowing, depression, recession
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I am starting to wonder if the American government needs a torch. They seem unable to spot the black hole into which they are pouring money. They ought to use a BIG torch!
In the face of enormous competition globally, a slowing market and what appear to be many internal problems, GM keeps losing money. [...]

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A Video About The Stock Market Crash

Posted by admin on Feb 18, 2009 in Uncategorized, depression, recession, stock market, stock market crash
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I found this on YouTube and thought I’d share it. It relates to the stock market crash and is super interesting – footage that takes us back in time. There are some parallels here for sure!

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Europe Really Is In Recession

Posted by admin on Feb 13, 2009 in credit crunch, depression, eurostat, eurozone, finances, recession
1 Comment

Despite the credit crunch or crisis – depending upon your lexicon – politicians around the world have been clinging to anything positive and trying to avoid the word “recession” in any form.
Those brave souls that do use the word recession are playing it down in the hope that it will only last a few weeks. [...]

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