World-News

By Eric Margolis

In 1975, physicist Andrei Sakharov and a group of fellow Soviet academicians warned the Kremlin leadership that unless the nation's ruinous defense spending was slashed and funds refocused on modernizing the nation's decrepit, obsolete industrial base and its wretched state agriculture, the Soviet Union would collapse by 1990.

http://www.informationclearinghouse.info/article23940.htm



Mishkin's Bubblenomics and the Crash of '08

by Mike Whitney

At some point, the avalanche of asset liquidation, writedowns and defaults will thunder from the mountaintop sending stocks into hibernation while the anemic greenback stages a comeback.

http://www.informationclearinghouse.info/article23947.htm



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http://freepage.twoday.net/search?q=asset+liquidation
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