LINKS
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A Tale of Two Depressions Our ‘Great Recession’ is more severe, in some respects, than the Great Depression say Economics Professors Barry Eichengreen and Kevin H. O’Rourke in their research article ‘A Tale of Two Depressions’
Shropshire & Montgomery Branch of the ITF
'TREES AND FORESTS ARE IMMEASURABLY PRECIOUS. They provide shelter, fuel, medicine and nutrition and are central to many spiritual and cultural beliefs. Perhaps most importantly, THEY ENABLE US TO BREATH. The International Tree Foundation has been protecting and planting trees for over 80 years. We support projects that achieve the twin goals of IMPROVING LIVES AND HEALING THE PLANET'.
'This story was written by me, Larry Hannigan in 1971 – The sole purpose was to explain the simple maths of reality and the current Banking System – that is - 100 plus NOTHING does NOT equal 105 – and that charging interest on something that is created out of nothing, makes it impossible to repay, giving great power to those who do create money out of nothing - ie the Banks'.
It explains how a small banking elite headed by the Rothschild family came to control our lives and steal our wealth through their ‘fractional reserve’ banking system
I want the Earth Plus 5% : Audio Version
When you follow this link it takes you to a version which is piped through your speakers, so sit back, relax with a drink and listen.
It explains how a small banking elite headed by the Rothschild family came to control our lives and steal our wealth through their ‘fractional reserve’ banking system.
The Marginal Productivity of Debt :
'Why Obama’s Stimulus Package Is Doomed to Failure'
by Antal E. Fekete,
Professor of Money and Banking
San Francisco School of Economics
March 30, 2009Explains how additional government borrowing is accelerating the deflation rate.
By Barry Ritholtz - May 17th, 2009, 11:30AM
In my Newsletter > Budget 2009 I said that the recent rally in stock markets was caused by market manipulators as the economic fundamentals were (and still are) deteriorating.
This chart proves that my prognosis was correct as corporate earnings have dropped by 90%. This is likely to lead to a collapse in share prices.
My prediction of December 2003 that FTSE 100 was likely to hit 1650 still stands!
