Russian Professor Predicts Credit Crisis Will Lead To USA Civil War in 2009
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Citigroup says gold could rise above $2,000 next year as world unravels
TELEGRAPH.CO.UK
By Ambrose Evans-Pritchard
Last Updated: 7:29AM GMT 27 Nov 2008
Gold is poised for a dramatic surge and could blast through $2,000 an ounce by the end of next year as central banks flood the world’s monetary system with liquidity, according to an internal client note from the US bank Citigroup.
The bank said the damage caused by [...]
RUSSIAN ANALYST PREDICTS DECLINE AND BREAKUP OF USA
DRUDGE REPORT: Tue Nov 25 2008 09:04:22 ET
A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts.
Professor Igor Panarin said in an interview with the respected daily IZVESTIA published on Monday: “The dollar [...]
A near-riot and parliament besieged: Iceland boiling mad at credit crunch
Published Date: 24 November 2008
By Omar Valdimarsson
REYKJAVIK - THOUSANDS of Icelanders have demonstrated in Reykjavik to demand the resignation of Prime Minister Geir Haarde and Central Bank governor David Oddsson, for failing to stop the country’s financial meltdown.
It was the latest in a series of protests in the capital since October’s banking collapse crippled the [...]
THE BEST DAMN DOOM & GLOOM YOU’LL EVER READ
Friends and family have asked why I haven’t written a blog post in awhile, and some have offered their unsolicited analysis by describing me as a liberal whose zombified & bored after winning the election. Nothing could be further from the truth. I’m not bored, I’m almost petrified with concern.
Enough is enough. Being on the [...]
Housing Is Bad Enough, but Wait – It’ll Get Worse
Kevin G. Hall, McClatchy Newspapers
Washington – If you think the housing slump can’t get much worse, Martin Feldstein thinks that both home prices and the broader economy can – and very likely will – get a whole le lot worse.
The Harvard University professor and former chief economic adviser to Ronald Reagan isn’t part of the [...]
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