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01 DEC 08
Four Bad Bear Markets - an overlapping graph SAVE
PEOPLE
1929-32, oil crisis 1973-74, tech crash 2000-02, current 2007-presentTAGS
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27 NOV 08
SPIEGEL Interview with George Soros: 'The Economy Fell off the Cliff' - SPIEGEL ONLINE - News - International SAVE
PEOPLE
SPIEGEL spoke with Soros about the current financial crisis, how he expects President-elect Barack Obama to respond to the economic disaster and the responsibilities borne by speculators.TAGS
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26 NOV 08
Panic in Moscow: Behind the Russian Stock Market Meltdown - SPIEGEL ONLINE - News - International SAVE
"The world has gone mad," says Eric Kraus, manager of the Nikitsky Russia Fund, who calls the market implosion "a negative bubble…completely disconnected from economic fundamentals." With price-to-earnings ratios around 5 or 6, Russian stocks are now priced at a fraction of international counterparts', he says.TAGS
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13 NOV 08
Celente Predicts Revolution, Food Riots, Tax Rebellions By 2012 SAVE
PEOPLE
The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.TAGS
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11 NOV 08
Shrinking Economy Strains Food Banks - NYTimes.com SAVE
Since the spring, the number of people showing up hungry at food pantries and soup kitchens has surged, straining the capacity of many organizations in the vast, largely unseen and lightly financed network of volunteer emergency feeding operations. Many are newcomers who were reluctant to seek help until they had no choice.TAGS
