more on Bob Chapman at bobchapman.blogspot.com

Louis talks about the recession and the fucked economy. He also describes the man-made shortage of diamonds under the De Beers’ controlled supply. Louis later mentions the episode “The Giant Pool of Money” from This American Life on NPR, which you can listen to here: www.thisamericanlife.org Part 1 of 3.

After crossing most of the US manoftruth summarizes the depth of the problem and what to do

Barry Eichengreen – renowned professor of Economics and Political Science at the University of California Berkeley, former senior advisor to the IMF, author of “Globalizing Capital: A History of the International Monetary System”, and editor of “Rescuing our Jobs and Savings: What G8 Leaders can do to Solve the Global Credit Crisis” – provides a detailed overview of the financial crisis. He discusses at length: (a) the excessive risk undertaken by a variety of financial institutions as a result of gradual deregulation of financial services sector in the second half of 20th century; (b) the role of both Republican and Democratic parties in maintaining deregulation policies following introduction of US President Ronald Reagan’s “free markets” ideology in 1980; (c) the inability of the US to properly manage or channel massive capital inflows from the developing world – especially China – during the last decade; (d) the failure of Bush administration to mount an adequate response to the financial crisis on account of its initial state of denial, financial engineering mindset, and “free markets” ideology; and (e) actions – such as, interest rate increases, deficit reduction, recapitalization of banks, and economic stimulus – that would have greatly mitigated the severity of the financial crisis. In addition, he dwells on: (f) the impact of the financial crisis on American power and globalization, as well as (g) the nature of institutional reforms required at global level to …

geraldcelentechannel.blogspot.com Gerald Celente on Financial Sense Newshour with Jim Puplava June 05 2010

Gerald Celente : Financial Armageddon 2.0 Gerald Celente on abc6.com – What’s Next For Our Economy? check out abc6 page with Gerald Celente interview at ww.abc6.com and for more Gerelad Celente Interviews go here : geraldcelentechannel.blogspot.com

Join Dr. Chris Martenson as he explains the three E’s of the economy, energy, and the environment and how they are interrelated in this condensed version of his three hour Crash Course. As Chris often reminds us in the Crash Course, “The next twenty years are going to be completely unlike the last twenty years.”

Special Promotion: www.netflix.com New TYT Facebook Page(!): www.facebook.com Follow us on Twitter: twitter.com TYT Network (new WTF?! channel): www.youtube.com Check Out TYT Interviews www.youtube.com Watch more at www.theyoungturks.com

The Crash – Coming Financial Collapse of America more details at geraldcelentechannel.blogspot.com

www.berninger.de On Sunday night the Situation in the European banking system had heatet up so much that finally FRANCE went bust. French SubPrime Minister Sarkozy pushed the rescue package as France was de-facto bankrupt amid a dry up for French debt issuance.