Tuesday, December 02, 2008

More economic troubles.


DECEMBER FREEZE...
BAILOUT MONITOR DECRIES LACK OF COHERENT PLAN...
PELOSI EYES $500B MORE...
Data signal deep global downturn...
Manufacturing hits 26-year low...
Schwarzenegger declares fiscal emergency...
Bush: 'I'm sorry' crisis is occurring...
Oil plunges below $50...
Treasury Yields Plunge to Lowest on Record...
Bernanke: 'No comparison' to Great Depression...
Bank stocks suffer biggest one-day decline since crisis began...

Breakdown of the Global Monetary System by Summer 2009

By GEAB

Without a complete overhaul of the system inherited from 1944 by summer 2009, the failing of the current system and that of the United States at the center, will lead the whole planet to an unprecedented economic, social, political and strategic instability, and more specifically to a breakdown of the global monetary system by summer 2009. Continue

OPEC says ready to cut oil production by good amount at coming meeting in Algeria: "The Organization is ready to cut production by another million barrel, which is a good amount" and "we are all geared towards it," El-Badri was quoted as saying.

Washington Mutual Will Lose 9,200 Jobs

Dow Plummets 680 On News Of Recession

Dow In Fourth Worst Drop In History

CCs To Chop $2 Trillion In Credit! Goodbye Spending!

China President - Get Ready For World Recession

Bernankes Money Printing Helicopters Are Here

The Hyperinflationary Depression

RBS Offers Respite On Mortgage Arrears

UK Closer To Switching To Euro



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