Tuesday, July 01, 2008

More economic issues

Global stocks close dismal 1st half, outlook grim...



OPEN...

Iraq fails to sign contracts with global oil majors...

Prices end down after topping $143 barrel...

"We're Entering a Two Economy Society.
There is No Force Opposing Financial Polarization":


Interview with Michael Hudson

By Mike Whitney

As Aristotle said, democracy is the political stage immediately preceding oligarchy. That's what the economy is now evolving into. Continue


IMF Finally Knocks on Uncle Sam's Door

By David HIrst

The fact that the IMF is knocking on the very doors of its parents and waving legal papers about who lost the house, the car and the kids will, if the past is anything to go by, be buried in the US by pom-pom waving on CNBC telling all what a great time it is to buy. Continue


Oil prices fluctuate after passing $143 a barrel: Oil prices fluctuated Monday, surging past $143 a barrel for the first time and then falling back as a rising dollar prompted some investors to sell. Meanwhile, the price of gas at the pump hit another record high.

Intervention Will Not Stop The Dollar’s Slide: This week the Federal Reserve took a step closer to acknowledging reality. Unfortunately it didn’t let that admission move it from a policy course firmly guided by fantasy.

Petrofraud And The New Depression

Rothshilds' IMF To Audit The US Financial System

Dow Ends Worst First Half Since 1970

The Dow-Crash, The Dollar, Gold, And WAR

Bank Implode-O-Meter - End Game Of Modern Banking

UK Savings Rate Sinks To 49 Year Low




No comments:

3-27-2024

  Donald Trump is now selling $60 'God Bless the USA' Bibles ahead of Easter. Judge sends strong message about Elon Musk's attac...