Posts Tagged ‘recession’
Obama Presiding Over The Bankruptcy Of The United States
? Parked cars and garbage cans were set on fire, cars were tipped over, and people threw beer bottles at giant television screens following the Canucks’ 4-0 loss to the Bruins in Game 7 of the Stanley Cup finals.
? Yields on 10-year Greek bonds neared 18 percent, the highest in the 17-nation euro area’s history, while the yield on the two-year note above 30 percent for the first time.
? The cost to insure Greek debt climbed to a record, indicating an about 75 percent chance of default within five years.
Duration : 0:35:0
America Has To Come To Grips With The Fact It Is Bankrupt
? expansion in monetary and fiscal policy will produce excessive inflation,
? oil threatened by war and conflict,
? municipalities in US in deep trouble.
Duration : 0:35:1
Europe and America Morally and Financially Bankrupt
? currency war,
? trade war,
? virtual fence broken.
Duration : 0:15:0
Breaking: Major Banks File Bankruptcy – Lehman Brothers
158-Year-Old Investment Bank Goes Belly-Up After Failed Rescue Bid; Bank Of America Takes Over Merrill Lynch
Say hello to a recession very soon!
Duration : 0:2:45
Citigroup Bankruptcy: Federal Reserve & SEC Response
The purpose of this video is to discuss the real inside story regarding Citigroup’s potential bankruptcy and why the mortgage crisis, although real, is a ruse distracting the public from the real source of the problem. This is an unregulated shadow banking system dominated by hedge and private equity funds. Step one to turn the economy around should be that President Bush, Federal Reserve Chair Bernakke and SEC Chair Christopher Cox require these funds to register with the SEC and disclose their holdings and related accounting practices. Only then can confidence be restored.
Duration : 0:8:54
