For those more technically and detailed oriented, an interesting read is Reggie Middleton explaining, in great detail, the condition of the banks. The Youtube video contained within is worthwhile, although the sound quality makes it a bit burdensome.
Essential Read: WingNuts and Dead Man Walking: For some who closely follow the economic situation, it is obvious that we are headed for a disaster....
IMF Say US Must Raise All Taxes and Cut All Benefits by 35% : The IMF, in a working paper, states
We find that, under our baseline scenario, a full elimination o...
QOTD -- Financial Tyranny: Charles Hugh Smith states:
... our financial system is fundamentally based on lies, fraud, embezzle...
Desperate Government Will Do Anything With Your Money!: We are past the point of economic rationality. What drives everything from here forward is political...
Kunstler on Dreams Die Hard:
Image via Wikipedia
Image via Wikipedia
Here is an excerpt from James Howard Kun...
Banks Not Recovering: I received the following in an email. The emboldening/color emphasis is his not mine. Information sh...
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