A Generalized Meltdown of Financial Institutions
Take a Look at Professor Roubini's Crystal Ball
By Mike Whitney
Reality has finally caught up to the stock market. The American consumer is underwater, the banks are buried in dept, and the housing market is in terminal distress. The Dow is now below its 200-Day Moving Average -- the first big "sell" signal. Anything below 12,500 could trigger program-trading and crash the market. The increased volatility suggests that we are watching a "real time" meltdown.
http://www.informationclearinghouse.info/article18777.htm
Forecast: U.S. Dollar Could Plunge 90 pct
By UPI
"We are going to see economic times the likes of which no living person has seen," Trends Research Institute Director Gerald Celente said, forecasting a "Panic of 2008."
http://www.informationclearinghouse.info/article18776.htm
Banks Gone Wild
By Paul Krugman
"What were they smoking?" asks the cover of the current issue of Fortune magazine. Underneath the headline are photos of recently deposed Wall Street titans, captioned with the staggering sums they managed to lose.
http://www.informationclearinghouse.info/article18774.htm
The Financial Tsunami: Sub-Prime Mortgage Debt is but the Tip of the Iceberg
By now every serious reader has heard the term "It's a crisis in Sub-Prime US home mortgage debt." What almost no one I know understands is that the Sub-Prime problem is but the tip of a colossal iceberg that is in a slow meltdown. I offer one recent example to illustrate my point that the "Financial Tsunami" is only beginning.
http://www.globalresearch.ca/index.php?context=va&aid=7413
In the Realm of the Dying Dollar
The plunging greenback threatens to cripple U.S. power. Why are the candidates ignoring this critical issue?
http://www.newsweek.com/id/71888
From Information Clearing House
http://freepage.twoday.net/search?q=stock+market
http://freepage.twoday.net/search?q=housing+market
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=Mike+Whitney
http://freepage.twoday.net/search?q=Paul+Krugman
By Mike Whitney
Reality has finally caught up to the stock market. The American consumer is underwater, the banks are buried in dept, and the housing market is in terminal distress. The Dow is now below its 200-Day Moving Average -- the first big "sell" signal. Anything below 12,500 could trigger program-trading and crash the market. The increased volatility suggests that we are watching a "real time" meltdown.
http://www.informationclearinghouse.info/article18777.htm
Forecast: U.S. Dollar Could Plunge 90 pct
By UPI
"We are going to see economic times the likes of which no living person has seen," Trends Research Institute Director Gerald Celente said, forecasting a "Panic of 2008."
http://www.informationclearinghouse.info/article18776.htm
Banks Gone Wild
By Paul Krugman
"What were they smoking?" asks the cover of the current issue of Fortune magazine. Underneath the headline are photos of recently deposed Wall Street titans, captioned with the staggering sums they managed to lose.
http://www.informationclearinghouse.info/article18774.htm
The Financial Tsunami: Sub-Prime Mortgage Debt is but the Tip of the Iceberg
By now every serious reader has heard the term "It's a crisis in Sub-Prime US home mortgage debt." What almost no one I know understands is that the Sub-Prime problem is but the tip of a colossal iceberg that is in a slow meltdown. I offer one recent example to illustrate my point that the "Financial Tsunami" is only beginning.
http://www.globalresearch.ca/index.php?context=va&aid=7413
In the Realm of the Dying Dollar
The plunging greenback threatens to cripple U.S. power. Why are the candidates ignoring this critical issue?
http://www.newsweek.com/id/71888
From Information Clearing House
http://freepage.twoday.net/search?q=stock+market
http://freepage.twoday.net/search?q=housing+market
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=Mike+Whitney
http://freepage.twoday.net/search?q=Paul+Krugman
rudkla - 25. Nov, 08:12
