Tag Archive: Economic Crisis

Crash and Burn: Dow slides -677 points in two days of trading

The Dow has fallen -677 points in two days. With no solution in sight for Europe and new fears of a global recession, investors dumped stocks and commodities and ran to the safety of U.S. Treasuries.… Continue reading

Obama Hides Tax Increases in New Government Fees

The Queen of Mean, Leona Helmsley, was right – the wealthy do not pay taxes, the little people do. Helmsley’s remark is more spot on than ever as Obama prepares to raise taxes… Continue reading

Is Martial Law and Dictatorship Around the Corner?

These are indeed scary times for many Americans and the future is full of chaos and uncertainty. But is it really uncertainty or is this part of a scripted plan being played out… Continue reading

The Whole World Is Falling Apart, Literally

An air of crisis descended on the world Tuesday, Aug. 9 as markets continued to tumble steeply and in London, large parts of the city succumbed to uncontrolled violence joined by three major… Continue reading

Saudi and Israeli financial markets plunge

Tel Aviv – On most weekends nobody even bothers talking about them, but given the confusion and consternation following the S&P downgrade of the US, people are paying attention to weekend trading in… Continue reading

Under Obama, U.S. unemployment worse than Mexico

President Obama promised he would fundamentally transform America – and he has.  On Sunday, Kevin McCullough of Townhall reported that Mexico has a lower unemployment rate than the United States. Sporting a brand new… Continue reading

U.S. on a pace in 2011 to set a record for cost of weather-related disasters

WASHINGTON, D.C. – The United States is on a pace in 2011 to set a record for the cost of weather-related disasters and the trend is expected to worsen as climate change continues,… Continue reading

“America Will Lose Its Sovereignty”

Reported by our Ministry in January, 2011: The United States mirrors Satan’s own rebellion with our Mother Yahweh. Satan broke away from a kingdom ruled by Royalty. 13 States represented the imperfection that… Continue reading

Ghost towns on the increase as rural America accounts for just 16% of population

Vast swathes of the U.S. countryside are emptying and communities becoming ghost towns as rural America now only accounts for just 16 per cent of the population. The 2010 census results suggest that… Continue reading

European debt crisis: Portugal is latest domino to fall

European debt crisis: the German chancellor, Angela Merkel, needs to accept that the richer EU nations took a risky bet in buying Portuguese debt. Photograph: Picture Perfect/Rex Features There is a growing sense… Continue reading

IMF cuts U.S. growth forecast, warns of crisis

SAO PAULO (Reuters) – The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden European countries that they are “playing with fire” unless they take… Continue reading

Public don’t understand how bad the economic crisis is, warns Vince Cable

Mr Cable said that people still did not realise just how hard Britain’s economy had been hit in the wake of the 2008 financial collapse. In an interview with The Guardian, he said… Continue reading

Protesters in Spain seem to gain momentum ahead of elections

Madrid (CNN) — Protests against Spain’s economic crisis continued for a sixth day on Friday in many cities, just two days before local and regional elections across the nation. But Spain’s electoral board… Continue reading

Food prices hit highs as oil rises

WORLD food prices have hit new records and oil price spikes could push them even higher, the UN food agency warned as unrest in the Middle East and North Africa hits markets. The… Continue reading

Why the Dollar’s Reign Is Near an End

The single most astonishing fact about foreign exchange is not the high volume of transactions, as incredible as that growth has been. Nor is it the volatility of currency rates, as wild as… Continue reading

Greenback Armageddon Ahead?

Galatians 4:9 “But now, since you know God, or rather have become known by God, how can you turn back again to the weak and bankrupt elemental forces? Do you want to be… Continue reading