Dollar Will Eventually Go to Value of Zero

UK financial system 'not able to support recovery'

Britain's financial sector is not equipped to support recovery when it comes and could trigger a double-dip recession if not fixed, the newest recruit to the Bank of England's Monetary Policy Committee (MPC) warned yesterday.

https://snipurl.com/su8pl



Dollar Will Eventually Go to Value of Zero

Marc Faber

Video
https://eclipptv.com/viewVideo.php?video_id=8055



Roubini Says Carry Trades Fueling 'Huge' Asset Bubble

Investors worldwide are borrowing dollars to buy assets including equities and commodities, fueling "huge" bubbles that may spark another financial crisis, said New York University professor Nouriel Roubini.

https://www.bloomberg.com/apps/news?pid=20601087&sid=atlyygQuBLUI



U.S. bank chargeoff rate exceeds Depression: Moody's

The rate of loan charge-offs by major U.S. banks has exceeded those seen in the early years of the Great Depression as the credit crisis continues to take a toll, Moody's Investors Service said on Monday.

https://www.reuters.com/article/email/idUSTRE59P3LM20091026



Worsening job picture fuels slide in confidence

Consumer confidence slides in October as more Americans worry about jobs and salaries.
https://snipurl.com/su8r6



Consumer confidence slips unexpectedly

Americans' confidence about the U.S. economy fell unexpectedly in October as job prospects remained bleak, a private research group said Tuesday, fueling speculation that an already gloomy holiday shopping forecast could worsen.

https://www.msnbc.msn.com/id/33490296/ns/business-stocks_and_economy/



Excess Hormone-Grown Meat? Don't Worry, the Kids Will Eat It

It's really no secret: the role of the USDA's Food Distribution Programs (FDPs) since the Great Depression has been to get rid of surplus agricultural commodities by passing them on to those who need nutritional foods the most.

https://www.organicconsumers.org/articles/article_19452.cfm


From Information Clearing House



https://freepage.twoday.net/search?q=financial+crisis
https://freepage.twoday.net/search?q=credit+crisis
https://freepage.twoday.net/search?q=recession
https://freepage.twoday.net/search?q=U.S.+economy
https://freepage.twoday.net/search?q=Great+Depression
https://freepage.twoday.net/search?q=recovery
https://freepage.twoday.net/search?q=bubble
https://freepage.twoday.net/search?q=consumer+confidence
https://freepage.twoday.net/search?q=USDA
https://freepage.twoday.net/search?q=Marc+Faber
https://freepage.twoday.net/search?q=Nouriel+Roubini

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