Thursday, 6 August 2009


US companies axe 371,000 jobs in July

Times Online | American businesses cut 371,000 jobs from their workforces in July in a further sign that recovery in the labor market remains far off.

 47 Comments

Recovery ‘not in sight’ says BMW

BBC | Carmaker BMW has said it sees few signs of a lasting economic recovery after it reported profits down by three-quarters for the April to June period.

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This Depression is just beginning

Mike Whitney | Face it… the economy is in the crapper and Bernanke’s trickery hasn’t done a lick of good.

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Celente and Schiff Predict Food Panic This Year. Watch clips HERE. Fema Camps Built.

Economic crisis archive