Economic Armageddon Is Coming

By Joel S. Hirschhorn

The British military establishment's most prestigious think tank sees what too few over-consuming Americans are willing to anticipate. Unjustified and mounting economic inequality is planting the seeds for global economic conflict.

//www.informationclearinghouse.info/article17587.htm



Stocksplosion

By Jim Kunstler

We've entered a euphoric phase of financial arbitrage capitalism with extreme Ponzi overtones, a pyramid scheme of revolving credit rackets and percentage spread plays completely abstracted from any reality of fruitful activity. The reason we don't even call "money" by its former name anymore is precisely because we realize at some semi-conscious level that "liquidity" is not really money.

//www.informationclearinghouse.info/article17586.htm



Existing U.S. home sales tumble in March; consumer confidence slides in April

Sales of existing homes plunged in March by the largest amount in nearly two decades. And consumer confidence in April crumbled to its lowest level since August.

//www.680news.com/news/business/article.jsp?content=b042491A


From Information Clearing House



//freepage.twoday.net/search?q=Joel+S.+Hirschhorn

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