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Keyword: economycollapse

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  • Credit Suisse Group AG : Credit Suisse Sets Negative Interest Rates on Cash Accounts

    12/03/2012 7:00:04 AM PST · by Perdogg · 10 replies
    Credit Suisse Group AG (CS) said Monday it will start applying negative credit rates on cash clearing accounts above a certain threshold, effective from Dec. 10. "We invite our customers to keep cash balances as low as possible to avoid negative credit charges," Credit Suisse said in a statement sent via the Swift payments system to customers in the Swiss interbank market.
  • China Headed for The Ditch

    08/10/2012 1:50:00 PM PDT · by SatinDoll · 14 replies
    Market-ticker ^ | Aug. 10, 2012 | Karl Deninger
    Those who think that we're going to "muddle through" have another think coming... China’s export growth collapsed and imports and new yuan loans trailed estimates in July, reports today showed. Outbound shipments increased 1 percent from a year earlier and imports rose 4.7 percent, the customs bureau said. The growth in July exports compared with the 8 percent median estimate in a Bloomberg News survey and 11.3 percent in June. Analysts estimated a 7 percent gain in imports after a 6.3 percent increase in June. [snip]
  • FLECKENSTEIN: Nothing Will Change Until Change Is Forced Upon Us By A Crisis

    05/14/2012 3:09:18 PM PDT · by blam · 3 replies
    TBI ^ | 5-14-2012 | Ben Duronio
    FLECKENSTEIN: Nothing Will Change Until Change Is Forced Upon Us By A Crisis Ben Duronio May 14, 2012, 4:54 PM In an article for MSNBC, Bill Fleckenstein says it is time for investors to face the truth. Where our current path is taking us has been predictable for quite some time, and I think that continues to be the case. Unfortunately, we have elected officials who are completely incompetent, if not criminal, and the Fed is even worse. None of that is going to change until change is forced upon us (i.e., them) by a crisis. So while events seem...
  • Survive - One Family In California Grows 6,000 Pounds Of Produce On Just 1/10th Of An Acre

    03/03/2011 9:08:03 PM PST · by blam · 112 replies
    Yes, You Can Survive The Coming Economic Nightmare – One Family In California Grows 6,000 Pounds Of Produce On Just 1/10th Of An Acre If you work hard and get prepared, you can survive the economic nightmare that is coming. All over the United States and around the world there are millions of people that are learning how to become more self-sufficient. For example, there is one family that is actually producing 6000 pounds of produce on just 1/10th of an acre right in the middle of Pasadena, California. In fact, they grow so much food that they are able...
  • Things You Will Need To Survive When The Economy Collapses

    05/20/2010 9:11:28 PM PDT · by Fight4Freedom1 · 65 replies · 2,959+ views
    * This list isn't extensive by any means, so please add more items/tips as they come to mind. Guns & ammo are a given the "list" failed to mention. I guess in order not to cause panic... Today, millions of Americans say that they believe that the United States is on the verge of a major economic collapse and will soon be entering another Great Depression. But only a small percentage of those same people are prepared for that to happen. The sad truth is that the vast majority of Americans would last little more than a month on what...