At the precipice of disaster

I haven’t been posting too much over the past several months as things in our country continue to deteriorate at the usual pace, fast and un challenged!

 

The economy is fragile and the ‘medicine’ that Ben Bernanke is giving the ‘system’ will soon become the poison–it is inevitable. This is not just me spouting [...]

Euro Collapse Imminent

With Greece wanting out of the EC and further economic woes hitting all the ‘PIGGS’, some are reporting that the Euro has collapsed, at least unofficially. [...]

7.7 Trillion…really?

As if TARP money wasn’t enough…7.7 trillion in loans to bail out the criminals that caused the problem? Really? Someone needs to go to Jail in my opinion! If you or I did such things it would be fraud or worse…

 

That these guys still can’t get it right, look at Europe and our [...]

Psychiatric drug use spreads despite increased knowledge of risks. 1 in 5 adults on these.

In a sad statement of our times, when 1/5 of our adults are taking psychiatric drugs with numerous side effects, it should make us question what the American Dream has become; a nightmare for many. Interestingly enough the same percentage of the working population is unemployed. The truth is, however, that despite the socioeconomic challenges [...]

France – Next victim?

In my opinion, France will soon become the next victim of the sovereign debt fall out amongst the EU countries. Let’s fact it, there is a HUGE crisis of confidence and trust in the financial system worldwide. While the leaders are focused on the numbers, mostly from the worst possible perspective-at least in my opinion, [...]

Euro is Dead!

Well the article from the UK below spells it out, the weak are going to get kicked out of the EC or kinda kicked out and the strong will survive…this is the death of the whole system as they know it.

 

Without all the players who is left? Germany and maybe France, although their [...]

Currency races to the bottom

Global stocks sank the most in two months, while the euro slid to a record low versus the Swiss franc and commodities plunged, amid signs Europe’s government- debt crisis is worsening and the economic recovery is slowing. [...]

Housing sales down…again

Sales of existing U.S. homes unexpectedly declined in April, indicating the industry is struggling to gain traction as the economy expands. [...]

Markets see economic trouble ahead

The steady drumbeat of dismal U.S. economic data continued Tuesday, driving investors into safe-haven Treasurys and pounding key yields down to five-month lows [...]

BoA sees big problems in residential real estate

ank of America Corp. (BAC) Chief Executive Officer Brian T. Moynihan told shareholders today the nation’s housing market faces “enormous challenges” and that the lender is still struggling to contain bad mortgages. [...]

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