The depression that followed the stock-market crash of 1929 took a turn for the worse eight years later, and recovery came only with the enormous economic stimulus provided by World War II, a conflict that cost more than 60 million lives. By the time recovery finally arrived, much of Europe and Asia lay in ruins.
The current world situation is not nearly so dire, but there are parallels, particularly to 1937. Now, as then, people have been disappointed for a long time, and many are despairing. They are becoming more fearful for their long-term economic future. And such fears can have severe consequences.
For example, the impact of the 2008 financial crisis on the Ukrainian and Russian economies might ultimately be behind the recent war there. According to the International Monetary Fund, both Ukraine and Russia experienced spectacular growth from 2002 to 2007: over those five years, Read more
...these are not trivial questions to be asking. In fact, they go to the very heart of what is meant by 'sovereignty' and 'independence'.
This obsession with these peripheral, inconsequential non-stories is a sign of our growing detachment from the real productive economy that was once the backbone of the economies of the developed first world nations.
Given the virtues of this spin-off effect, Team Greenbacks argues, the Snowden story becomes by its very nature the most important whistleblowing story in the history of national security reporting.
As most of the online world knows by now, this Labor Day weekend saw the release of dozens of provocative new photographs of naked celebrities gleaned from the stars' own smartphones.
Indeed, it seems to be the case every single year around this time: certain 9/11 “trigger” stories involving plane crashes and terror threats and Ground Zero and Homeland Security take place in late summer... and this year's terror hype over ISIS is no different.
...the promise of central bank funny money, which is really all that's needed these days to send investors into a tizzy and to keep the longest bull market in recent history ascending into the stratosphere.
the Bank is used as a weapon by the economic hitmen identified by John Perkins and others, directing infrastructure development funds to crony corporations and forcing countries into debt obligations that they will be unable to meet.
We know the economy is fake, we know our debts too large and we know that some day, one day… the wheels will come off. So what are your choices?
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The creator of the International Forecaster, Bob Chapman.