Saturday, February 21, 2009 13:28 GMT
Volcker: Crisis May be Even Worse than Depression
The global economy may be deteriorating even faster than it did during the Great Depression, Paul Volcker, a top adviser to President Barack Obama, said on Friday.
• Soros Confirms Lindsey William’s Assertion Oil is a Weapon
• Soros sees no bottom for world financial “collapse”
• Ron Paul on Real Time w/ Bill Maher 02/20/2009
Nouriel Roubini, one of the few economists who foretold much of the current financial turmoil, Friday said the United States is nowhere near the end of the banking and credit crisis.
• Obama has lost 30% of the value of Banks in the US in 2 weeks!
• Stocks Drop Around the World; Stoxx 600 Falls to 6-Year Low
• Gold Tops $1,000, First Time Since March as Recession Deepens
Latvia’s government collapses
Latvia’s center-right coalition government collapsed Friday, a victim of the country’s growing economic and political turmoil and the second European government, after Iceland, to disintegrate because of the international financial crisis.
Transportation Secretary Ray LaHood says he wants to consider taxing motorists based on how many miles they drive rather than how much gasoline they burn — an idea that has angered drivers in some states where it has been proposed.
In the comming days, I will post several german-speaking interviews with Dr. Daniele Ganser, an academic historian from Switzerland who has researched false flag terrorism in Europe.