Archive for the 'Economy' Category
Made in USA: A Big Slump
December 20th, 2006Via: Newsweek: The world is unprepared for a slump made in America. That’s the distinct impression I gather from six weeks of globe-hopping that took me to Japan, South Africa, the Middle East, Singapore, Hong Kong, China and Australia. Most I met believe that the world has now “decoupled” from the United States—with increasingly robust […]
Thailand: Made Ya Look!
December 20th, 2006Via: Guardian: Shares on the battered Bangkok market staged a recovery this morning after Tuesday’s 15% plunge, but dealers said confidence remains fragile amid fears of a re-run of the Asian financial crisis a decade ago. By 12.30 local time, the Thai SET Index had jumped 11% to 688.17, its biggest gain in almost eight […]
U.S. Inflation Gaps Up by Largest Amount in 32 Years
December 19th, 2006Via USA Today: Inflation at the wholesale level surged by the largest amount in more than 30 years in November, reflecting higher prices for gasoline and a host of other items. The producer price index, which measures inflation pressures before they reach the consumer, was up 2% last month, biggest advance since a similar increase […]
Tucson Military Recruiters Ran Cocaine
December 18th, 2006Via: Arizona Daily Star: A Midtown strip mall that should have housed the best of the best served as Corruption Central in Tucson. Two military recruiting stations sit side-by-side there, one run by the Army, the other by the Marines. Between them, a total of seven recruiters were on the take, secretly accepting bribes to […]
Tax Leads Americans Abroad to Renounce U.S. Citizenship
December 18th, 2006And the wait to do it has increased, “from a few days to more than three and a half months.” Via: New York Times: She is a former marine, a native Californian and, now, an ex-American who prefers to remain discreet about abandoning her citizenship. After 10 years of warily considering options, she turned in […]
U.S. Mint: Don’t Melt the Pennies and Nickels
December 14th, 2006Oh yeah, and don’t try to carry more that $5 worth of the coins out of the U.S. Thanks. Have a nice flight… The restrictions on moving things of value OUT of the U.S. are, in my opinion, the most telling signs that the U.S. is approaching economic collapse. If they’re implementing this rule for […]
IRS: Make Sure You Declare Income from Criminal Activities
December 14th, 2006Via: All Financial Matters: I was reading through the “Other Income†section (scroll down as the page doesn’t seem to be loading correctly) in Publication 17 and found some pretty funny stuff. The section deals with all sorts of “other income†and whether or not you have to report it. Here’s some of the funny […]
Analysts: Dollar Collapse Would Result in ‘Amero’
December 14th, 2006HA! It’s not dinero, it’s amero! For years, this amero concept has seemed like a joke, but if you’re still holding U.S. dollars (or dollar denominated financial instruments), you won’t be laughing. Via: WorldNetDaily: Two analysts who have reconstructed money supply data after the Fed stopped publishing it argue a coming dollar collapse will set […]
“What Should I Do with My Money?”
December 13th, 2006WARNING: This is not a recommendation to buy sell or hold any financial instrument. Many people are emailing, wondering: What should I do with my money? While I think questions at this stage should be about water, shelter and food, a lot of Cryptogon readers still have investments on the brain; as if there’s some […]
Economic Storm Brewing in America
December 11th, 2006Via: Telegraph: The world economy is what matters, and I don’t like the smell of it. Nor, apparently, does Hank Paulson, who made $700 million at Goldman Sachs before taking over the US Treasury this year. He has reactivated a crisis team with a command centre in Washington to cope with the “systemic risk” in […]
