Britannia Radio

Top Five Stories You May Have Missed Dear Moneynews Reader: Here are the top five Moneynews stories from the past week that you may have missed: ‘It’s Panic!’ Silver Drops 25% in Four Days Commodities plunged the most since 2009, led by oil and silver, and stocks posted the biggest three-day drop since March. . . Click Here. Strategist: Higher Rates May Spark Severe Global Recession The high levels of personal debt and low levels of consumer confidence could cause a vicious recession, says a leading pension-investment manager. . . Click Here. Morgan Stanley’s Roach: ‘Years of Retrenchment’ for Consumers Morgan Stanley’s Stephen Roach sees “years of retrenchment” ahead for the “zombie” U.S. consumer. . . Click Here. ALERT: Milton Friedman Gave a Prophetic Warning About Obama’s and Bernanke’s Policies. See It Here. Krugman: Top 400 Taxpayers Earn Huge Stock Payout Economist columnist Paul Krugman is seething over the latest IRS study of the top 400 taxpayers in the U.S. that shows they garnered more than 10 percent of taxable capital gains. . . Click Here. Gallup Poll: Most Americans Say Recession Continues The slow, painful recovery has convinced more than half of Americans that the U.S. is still in either a recession or depression. . .Click Here. Special: Will Obama’s Legacy Be the End of the American Empire?