World-News

The Depression Reader
http://www.lewrockwell.com/orig9/recession-reader.html

A Fake Banking History of the United States
http://www.lewrockwell.com/dilorenzo/dilorenzo153.html

Ain’t My Government: We Who Said No to the State
http://www.lewrockwell.com/lora/m.lora56.html

The Debt We Owe to Trade
http://www.lewrockwell.com/tucker/tucker107.html

Bleak future for U.S. as Congress continues to undermine efforts to balance the federal budget
http://www.lewrockwell.com/sardi/sardi92.html

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My Depression - or Ours?

Tom Engelhardt, TomDispatch.com: "Among my somewhat over-the-hill crowd - I'm 64 - there's one thing friends have said to me repeatedly since the stock market started to tumble, the global economic system began to melt down, and Iceland went from bank haven to bankrupt. They say, 'I'm just not looking. I don't want to know.' And they're not referring to the world situation, they're talking about their pension plans, or 401(k)s, or IRAs, or whatever they put their money into, so much of which is melting away in plain sight even as Iceland freezes up.... The point is: Why look? The news is going to be worse than you think, and it's way too late anyway. This is what crosses your mind when the ground under you starts to crumble. Don't look, not yet, not when the life you know, the one you took for granted, is vanishing, and there isn't a damn thing you can do about it."

http://www.truthout.org/101408M

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Crisis may make 1929 look a 'walk in the park'

As central banks continue to splash their cash over the system, so far to little effect, Ambrose Evans-Pritchard argues that things risk spiralling out of their control.

http://tinyurl.com/4rwro7



European markets tumble as confidence collapses

Share prices in the UK plunged yet again yesterday, piling more misery on Britons saving for their pension, as world markets continued to come to terms with the prospect of a recession.

http://tinyurl.com/552ljy


From Information Clearing House



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