Market forecaster Robert Prechter says we're on the verge of the biggest market crash since the 1720 collapse of Britain's South Sea Bubble, with the Dow nosediving to below 1,000 in the next five to six years, from around 10,000 now. Prechter, regarded as a powerful market "guru" in the late 1980... Read more...
The dollar plunged today following a United Nations report which called for the greenback to be replaced as the global reserve currency by the International Monetary Fund’s special drawing rights (SDRs). The dollar’s trend of moving inversely to the stock market has seemingly been snapped, ... Read more...
Major indexes decline as nervousness about the economy puts the brakes on a recent rally. The dollar firms; tech sector hurt by downgrade NEW YORK (CNNMoney.com) -- Stocks tumbled for the second day in a row Thursday as concerns about the economic recovery resurfaced, the dollar strengthened and... Read more...
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17/11/2009,
by IAmNotARapperiSpit.com in Illuminati,
Miscellaneous,
News,
Propaganda,
Protest/Activism,
Stranger than fiction,
World News
The current financial collapse has the West hearing phrases not heard before: “exploding deficits” and “devastating inflation,” with the situation possibly getting “worse than the Great Depression.” In the end, the “magnitude of the debacle” may cause the situation to “fragment d... Read more...