Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
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RT: Some 35,000 protesters have marched in London prior to next week's G-20 economic summit in the city.
AP: Thousands Protest G-20 Economic Summit
Pre G20 Rally in London
posted by Randy @ 8:27 AM
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****HOME--MAIN BLOG PAGE**** I’m 44yrs old, retired from the USAF & manage a Telecomm organization. I have been writing about our bubble economy since 2005 & many of today’s economic events were actually anticipated and forewarned of. You should know that the U.S. Housing Bubble was only the latest symptom of much larger fundamental economic imbalances that have been building for decades - due to poor monetary and policymaking decisions. With that, I personally feel a major economic transformation is taking place right before our eyes & the prosperous “good life” that we’ve enjoyed in the US is ending. I have unrelated Telecom Eng. & Eng. Mgnt. Degrees, but have spent many thousands of hrs studying economic issues – providing me with a strong understanding of “the big picture” *****Disclaimer***** These articles reflect the opinion of this author and are by no means a guarantee of future economic conditions. Additionally, these articles are provided for INFORMATIONAL PURPOSES ONLY and are NOT MEANT to provide investment advice to anyone. For investment advice, please consult with your professional financial planner
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2 Comments:
I can't believe how incredibly stupid these people are thinking that Socialism is the answer. It is part of the problem.
They have no clue about human nature, just the weak preying on the strong.
Absolutely ridiculous. If the government would just allow Capitalism to work unfettered, we wouldn't have all these problems. Idiots, absolute Idiots!!!
I don't know if I was more sad or more scared watching all of this. You have people fauning all over big government who is in the pocket of the industries they hate so much. Rampant ignorance. Never underestimate the power of rampant ignorance.
-Iconoclast (shaking his head in disbelief)
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