Browsing All posts tagged under »ECONOMY«

CONTINUED WEAKNESS in Recovery in April

May 4, 2011

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A clear indication of de-stabilization in the economy Signs of weakness in the U.S. economic recovery mounted as reports on Wednesday showed a sharp slowdown in the vast services sector and less hiring by private companies in April. Economists expressed disappointment ahead of a key labor market report on Friday that is also expected to […]

POLL- 55% Americans think US in Recession or Depression

April 29, 2011

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  More than half of Americans (55%) describe the U.S. economy as being in a recession or depression, even as the Federal Open Market Committee (FOMC) reports that “the economic recovery is proceeding at a moderate pace.” Another 16% of Americans say the economy is “slowing down,” and only 27% believe it is growing. While […]

Tell The Nation The “Age Of America Is Over”

April 25, 2011

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SHAWSBLOG does NOT think the age of America is over. But all of the country’s economic signs look terrible. Think about it-the big crash of banks, brokerage firms, auto dealers HAPPENED YEARS ago. Very little has improved since. Unemployment is offically around 8% but we all agree that it is much higher. The housing market […]

SOROS, Saudis, Other Billionaires on Price of Oil,Taxes

April 24, 2011

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By johnransom…..News comes today that George Soros is upset with talk the US is trying to cut the federal budget. According to Reuters, Soros was addressing “a think-tank breakfast in Paris” <insert croissant joke here> and said that he was less upbeat about the US economy because of the proposed cuts. “While currently the U.S. […]

Why Are Our Leaders on 2-Week recess NOW?

April 19, 2011

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  It seems impossible to turn on a television set, open up a newspaper, or click through an Internet news site without finding government leaders proclaiming doom if America doesn’t get its financial house in order. Regardless of party or position, the consensus of the political class is that Washington can no longer afford annual […]

Depression Ahead-The ‘Super-Rich Delusion’ is destroying the American Dream

March 31, 2011

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    The folling article by Paul B. Farrell, MarketWatch, is about Farrell’s rock solid belief that an economic collapse and depression are coming and we just can’t see it yet. Farrell has quotes and stats to back up his prediction. Everything sounds plausible but I am not sure I want to buy into this […]

U.S. decline, China’s ascension

January 13, 2011

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To hear a number of prominent economists tell it, it doesn’t look good for the U.S. economy, not this year, not in 10 years. Leading thinkers in the dismal science speaking at an annual convention offered varying visions of U.S. economic decline, in the short, medium and long term. This year, the recovery may bog […]