Wednesday, 3 December 2008


From The “Panic” Of 2008 To The “Collapse” Of 2009 
The country’s top trends forecaster, who accurately predicted the “panic” of 2008 nearly a year before it unfolded, is now ominously suggesting that next year will come to be known as “the collapse of 2009?.

 Bernanke says crisis ‘no comparison’ to Great Depression 
• ‘Bernanke-san’ Signals Policy Shift, Evoking Japan Comparison 
• U.S. bailout monitor sees lack of a coherent plan 
• House to push $500 billion stimulus bill

The Cost of Hegemony is Beyond Reach: The New Arms Race 
Undeterred by massive budget deficits from wars, a falling economy, and financial bailouts, the US government has managed to start a new cold war with Russia.