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Keyword: greatestdepression

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  • Biggest drop in factory orders, shipments in more than a year

    03/05/2012 9:02:52 AM PST · by SeekAndFind · 23 replies
    Hotair ^ | 03/05/2012 | Ed Morrissey
    So much for a fast start to the recover in 2012. A week after announcing the worst durable-goods orders report in three years, the Commerce Department’s report on factory orders and shipments in January show the worst outcome in sixteen months: New orders for manufactured goods in January, down following two consecutive monthly increases, decreased $4.8 billion or 1.0 percent to $462.6 billion, the U.S. Census Bureau reported today. This followed a 1.4 percent December increase. Excluding transportation, new orders decreased 0.3 percent. Shipments, up eight consecutive months, increased $4.1 billion or 0.9 percent to $463.6 billion. This followed a...
  • Anxious Greeks Emptying Their Bank Accounts

    Many Greeks are draining their savings accounts because they are out of work, face rising taxes or are afraid the country will be forced to leave the euro zone. By withdrawing money, they are forcing banks to scale back their lending -- and are inadvertently making the recession even worse. Georgios Provopoulos, the governor of the central bank of Greece, is a man of statistics, and they speak a clear language. "In September and October, savings and time deposits fell by a further 13 to 14 billion euros. In the first 10 days of November the decline continued on a...
  • 10 Lessons From People Who Lived Through The Depression

    11/21/2011 7:22:27 PM PST · by Kartographer · 58 replies
    Wanda Bridgeforth was hit hardest on the home front as a child, when her parents couldn't afford to keep her with them. At one point she lived with 19 people—in a six room house. It was in these situations that she learned to conserve what she had, and reuse what she found.
  • USDA Predicts Surging Food Prices in Coming Year

    10/30/2011 6:55:00 PM PDT · by JDW11235 · 45 replies
    The Blaze ^ | October 30, 2011 | Christopher Santarelli
    The USDA has released their projections for food price inflation in 2011/2012, showing troubling forecasts that may send you to the grocery store today, before paying higher prices tomorrow. The report shows that the Consumer Price Index (CPI) for all food increased 0.8 percent between 2009 and 2010, and is forecasted to increase 3.5 to 4.5 percent in 2011. Items that are expected to inflate the most include beef, cooking oils, and seafood. Processed vegetables and beverages were projected to to see smaller changes in the CPI. The Wall Street Journal notes that “the midpoint of the new USDA outlook...
  • The Prepper Movement: Why Are Millions Of Preppers Feverishly Preparing

    10/25/2011 10:59:43 AM PDT · by Kartographer · 38 replies
    In America today, there are millions of “preppers” that are working feverishly to get prepared for what they fear is going to happen to America. There is a very good chance that some of your neighbors or co-workers may be preppers. You may even have noticed that some of your relatives and friends have been storing up food and have been trying to convince you that we are on the verge of “the end of the world as we know it”. A lot of preppers like to keep their preparations quiet, but everyone agrees that the prepper movement is growing....
  • Ray Dalio On Whether The Current-Hopeless, Mob-Rule

    10/24/2011 6:27:12 PM PDT · by Kartographer · 19 replies · 1+ views
    ZeroHedge ^ | 10/24/11 | Tyler Durden
    Mobs are at the doors of bankers and others in the financial system, screaming to politicians to put these people in jail while the vote-seeking politicians are fanning the flames rather than reminding people that the legal system is the way these people should be judged. Since banks are levered about 15 to 1, it doesn’t take much of a debt problem to cause them solvency problems, and since in deleveragings debt problems are big, there is significant risk banks will run out of equity again and the fury against them will intensify. For these reasons risks to the global...
  • Preppers a diverse group

    10/24/2011 6:41:25 PM PDT · by Kartographer · 55 replies
    Salina Journal ^ | 10/24/11 | GORDON D. FIEDLER JR.
    "Nobody can afford right off the bat to buy 20 years of dehydrated mashed potatoes," he said. He would buy a little extra every time he went to the store. Peace of mind increases as the larder grows, he said. "If you stock food for a year and lose your job, you can at least eat for a year," he said. Besides food and water, his stash includes certain medicines and some cash -- "If it's worth anything in the end" -- and important documents, some of which he's duplicated and stored off site. "You can't be prepared for everything,...
  • SEPTEMBER PPI SURGES 0.8%, WAY HOTTER THAN ESTIMATES

    10/18/2011 5:53:27 AM PDT · by blam · 28 replies
    TBI ^ | 10-18-2011 | Joe Weisenthal
    <p>The number is out, and it's HOT!</p> <p>PPI hs jumped 0.8%, well above the 0.2% analysts had expected.</p> <p>Core PPI, which excludes food and energy, was only up 0.2%, which is still above the 0.1% that analysts had expected.</p> <p>The culprit? Blame food and energy.</p>
  • Mayor Bloomberg predicts riots in the streets if economy doesn't create more jobs

    09/16/2011 9:57:17 AM PDT · by Kartographer · 107 replies
    NY Daily News ^ | 9/16/11 | Erin Einhorn and Corky Siemaszko
    Mayor Bloomberg warned Friday there would be riots in the streets if Washington doesn't get serious about generating jobs. "We have a lot of kids graduating college, can't find jobs," Bloomberg said on his weekly WOR radio show. "That's what happened in Cairo. That's what happened in Madrid. You don't want those kinds of riots here."
  • Warning For Americans: Be Safe and Stay Alert. It’s Coming.

    09/13/2011 9:41:57 AM PDT · by Errant · 65 replies
    SHTFPlan.com ^ | 13 September 2011 | Mac Slavo
    On the ground report from Greece by Manos September 11, 2011 After our socio-fascist government implemented all of Germany’s directives, the Greek people have come to an absolute desperation and poverty. What is also outrageous is the fact that are own government has passed the message to the global banksters and other nations that Greek people are lazy and incapable. Today, after two years of screwing and pressing us, most households and businesses have stopped paying. Stopped paying taxes, utility bills, toll fees, or anything else related to the government. Two hours ago, this same government announced a new property...
  • Gerald Celente: “Things Are Going to Get Much Worse…Society Is Breaking Down”

    09/15/2011 11:17:20 AM PDT · by Kartographer · 114 replies
    Daily Ticker/Yahoo Finance ^ | 9/15/11 | Aaron Task
    "Things are going to get much worse," Celente says. "Society is breaking down on every level: socially, economically, politically and it's not just the U.S. It's worldwide." Celente believes the globe is following a similar path to what occurred after the 1929 crash: Severe economic contraction, followed by currency wars, trade wars and, ultimately, armed conflict. Currency wars have already started he said, citing the recent decision by the Swiss National Bank to peg the Swiss franc to the euro. "Trade wars are next and then real wars, unfortunately," Celente predicts. Unlike the 1930s and 1940s, The Trends Journal publisher...
  • We’re Headed For A Crash, Says Seer Gerald Celente — Keep Buying Gold

    09/14/2011 9:51:10 PM PDT · by Kartographer · 30 replies · 1+ views
    Daily Ticker/Yahoo Finance ^ | 9/14/11 | Henry Blodget
    Famous forecaster Gerald Celente of Trends Research says the world's in the midst of another depression and that we're headed for another crash. Celente won't get specific about what he means by "crash," at least with respect to the stock market, but he's convinced that the world is going to the dogs. We'll have riots, he says. And wars. And society as we know it will continue to break down.
  • Gold & Silver Are Moving Higher… Much Higher! Says Analyst

    08/04/2011 8:57:51 AM PDT · by SeekAndFind · 62 replies
    Yahoo Finance ^ | 08/04/2011 | Jeff Macke
    Every day is a good day to buy gold of late. It's an intoxicating state of affairs for those of us who already own the barbaric metal, which is exactly the problem. Being inordinately giddy over an investment, what Tony Montana called "getting high on your own supply", generally ends quite poorly. The question isn't so much whether or not gold has worked. It has. The question is if it's too late to enter or if this is a prudent time to take some profits. With the fundamentals widely understood, Breakout turned to technical analyst Peter Lee of UBS to...
  • Agenda 21 Update: Family Farms Are Under Attack

    07/31/2011 5:27:24 PM PDT · by Nachum · 61 replies
    The Blaze ^ | 7/31/11 | Mike Opelka
    Is the US government starting to implement the policies of the United Nation’s plan for global management of people and resources known as Agenda 21? The latest efforts out of the Department of Transportation (DOT) seem to indicate this is happening. And they are starting by targeting America’s farming communities with costly and oppressive regulations. In Late May, the DOT proposed a rule change for farm equipment, and if it this allowed to take effect, it will place significant regulatory pressure on small farms and family farms all across America – costing them thousands of dollars and possibly forcing many...
  • The next 72hs: What last minute preps to take?

    07/31/2011 9:23:53 PM PDT · by Kartographer · 138 replies · 1+ views
    The Modern Survivalist ^ | 7/31/11 | FerFAL
    What you would be looking at would be civil unrest in most mayor US cities and thousands of minor ones as well. Once the images of people looting and getting away with it hit the TV you’re looking at thousands of bums thinking of doing the same thing and rushing out the door to the nearest store. That gets bad pretty fast. You’re talking about looting, fires, closed stores, destruction of vehicles and private property, and given US context some gang related activity taking advantage of the lawless situation as well to settle scores. While invasion of residential properties wont...
  • Gerald Celente: “Economic Martial Law Will Be Declared”

    08/01/2011 1:23:23 PM PDT · by Kartographer · 47 replies
    causapatet.blogspot ^ | 8/1/11 | Mac Slavo
    In his latest quarterly Trends Journal (Summer 2011), Gerald Celente provides us another “history of the future,” in which he discusses global economic, monetary, and political events as they happen and what their consequences will be for months, years and decades to come. As he has said before, it is only a matter of time before a major terror attack is executed in a major Western nation. And once it happens it will send shock waves throughout the world, leading to mass global panic and a further tightening of the noose around the necks of the populace: What will another...
  • Some Prepper/Survival Videos from The Patriot Nurse

    08/03/2011 3:56:55 AM PDT · by beaversmom · 29 replies
    The Patriot Nurse via You Tube ^ | May 5, 2010 | The Patriot Nurse
    FYI: I came across these videos this morning made by The Patriot Nurse. I'm not sure if they've been posted to FR before, but I did look through the archives as best I could. I've watched a couple of them. There are a few on You Tube made by this woman. Just passing along for those interested. I think she gives some good ideas. See links below for some of her videos--they'll link you to her other videos as well.
  • It Has Started: Wall Street Preparing For Doomsday Scenario (Fund managers in Crisis Mode)

    07/21/2011 1:44:46 PM PDT · by SeekAndFind · 9 replies
    Business Insider ^ | 07/21/2011 | Katya Wachtel
    If you're simply looking at their public statements, Wall Streeters seem to be alarmed about the debt crisis, but don't appear to be sliding into panic mode. In fact, they're just really good actors. Across the financial sector, many are preparing for a debt doomsday scenario, in which the U.S does in fact default, the New York Times reports. Firms are "taking steps to reduce the risk of holding Treasury bonds or angling for ways to make profits from any possible upheaval." It's clear hedge funds have changed gears and many are in heavy de-risking mode, with billion dollar firms...
  • It Has Started: Wall Street Is Preparing For A Doomsday Scenario

    07/21/2011 7:26:09 AM PDT · by blam · 28 replies
    TBI ^ | 7-21-2011 | ya Wachtel
    It Has Started: Wall Street Is Preparing For A Doomsday Scenario Katya Wachtel Jul. 21, 2011, 9:15 AM If you're simply looking at their public statements, Wall Streeters seem to be alarmed about the debt crisis, but don't appear to be sliding into panic mode. In fact, they're just really good actors. Across the financial sector, many are preparing for a debt doomsday scenario, in which the U.S does in fact default, the New York Times reports. Firms are "taking steps to reduce the risk of holding Treasury bonds or angling for ways to make profits from any possible upheaval."...
  • Chapman: ‘There Is No Question Now That the Game Is Over’

    07/20/2011 9:00:01 PM PDT · by Kartographer · 35 replies
    TheSHTFPlan ^ | 11/20/11 | Mac Slavo
    The American people are broke. When 25% of the people have no income coming in and prices for basic goods continue to rise, there will be no upward movement in the economy. Consumers cannot spend, because they have nothing left – their incomes have been eliminated and so too has their credit. The only hope for growth is more easing by the Fed and more stimulus from Congress, but even that is masking the problem. We may see positive GDP growth as a result, as we have “officially” seen in recent quarters, but this is strictly a mathematical result of...