May 12 (Bloomberg) — US Senator Evan Bayh, an Indiana Democrat, talks with Bloomberg’s Peter Cook about legislation overhauling US banking rules. Bayh, speaking in Washington, also discusses proposals to change derivative regulations and limit proprietary trading by banks. (Source: Bloomberg)

Nouriel Roubini – who successfully predicted the recent collapse of the US-dominated financial system years in advance – discusses the financial crisis and its impact on world economies. He describes in detail: (a) the origins of the financial crisis in bursting of massive bubbles in various asset classes that in turn were generated by easy credit and poor regulation; (b) the fundamental flaws of limited transparency, excessive securitization, and shoddy credit ratings – especially in the domain of exotic securities – in the financial system; and (c) the fateful decision by Western financial regulators to allow the shadow banking system to grow dramatically without adequate safety measures. He also highlights: (d) the weakening of American geopolitical power from massive deficit spending to fix the US financial system and revive the American economy; (e) the potential threat to world peace through severe social and political unrest arising from high unemployment; and (f) the likely slowdown, if not reversal, of globalization itself via enactment of trade and tariff barriers to protect jobs. This speech was recorded in October 2008. PLEASE READ MY COMMENTS ON THE VIDEO BEFORE WATCHING.

This week Dominique Strauss-Kahn, the head of the IMF, said that the global financial crisis is still “far from over”. Sir David talks to Tommaso Padoa-Schioppa, a former Italian finance minister and one of the minds behind the creation of the euro, about the latest on the credit crunch.

www.theinvestorwatch.com What should you doing with your money and investment during the current volatile market with huge drop and fluctuations? Should be be in cash totally or still be invested? It really depends on how soon do you need your money Suze Orman explains

Nouriel Roubini, Associate Professor of Economics and International Business, New York University; Brad W. Setser, Fellow for Geoeconomics, Council on Foreign Relations; Benn Steil, Director of International Economics, Council on Foreign Relations Presider: Mort Zuckerman, Editor in Chief, US News & World Report (Sep 25, 2008 at the Council on Foreign Relations)

How To Survive The Financial Economic Crisis- Urban Survival emergency disaster Worldwide US Economic Collapse Stock Market peter schiff jim rogers max keiser marc faber gerald celente Crash Iceland nationalizes banks dividend yields price fed jim rogers bloomberg housing bubble mortgage meltdown credit crunch inflation gold foreign ron paul urban survival grocery store fun Cody Lundin tv news economic crisis financial collapse tax revolts revolution tent cities wall street unemployment welfare…

Depression dollar backed by gold, silver, and a production nation. 2009 Depression, dollar backed by printing press and Visa nation.

Don’t believe the lying news media when they claim that nobody could foresee this financial crisis! American economist Lyndon LaRouche is THE ONLY ONE who has been correctly forecasting this breakdown crisis, and he did it long before the crisis was obvious to everyone. Here is a sample of what LaRouche said in 1976, 1988, 1998, 2004, 2005, 2006, 2007, and 2008. So, if you want mankind to get out of this mess, you’d better listen to the wise words of the man who knows what he is talking …