Large U.S. Bank Collapse Seen Ahead

By Jan Dahinten

The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world's biggest economy hits further troubles, former IMF chief economist Kenneth Rogoff said on Tuesday.

//www.informationclearinghouse.info/article20557.htm



Jim Rogers Predicts Bigger Financial Shocks Loom

Fueling a Malaise That May Last for Years

By Keith Fitz-Gerald

Rogers talked extensively about the ill-advised bailouts of Bear Stearns, Fannie Mae and Freddie Mac, and the potentially ruinous fallout from the financial "Super Crash" that's about to engulf the U.S. market.

//www.informationclearinghouse.info/article20558.htm



The Greenback Blues: Something's Gotta Give

By Mike Whitney

Don't be fooled, most paper money is steadily losing value due to the wild expansion of credit which started at the Federal Reserve.

//www.informationclearinghouse.info/article20547.htm

--------

World Markets Fall Sharply Amid Fear of Economic Slowdown

Larry Elliott, The Guardian UK: "Share prices dropped sharply on the world's financial markets yesterday amid fears that the year-long credit crunch is entering a dangerous new phase marked by a severe economic slowdown and failing banks."

//www.truthout.org/article/world-markets-fall-sharply-amid-fear-economic-slowdown



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