From The Great Recession Blog
by David Haggith
This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve tried to push back up to that distant high that means new life several times, but each time the market falls into a pit again.
Steen Jakobsen, chief economist and CIO of Saxo Bank, says the US Federal Reserve is on the verge of making a mistake about its projected rate hikes.
An American television crew that have been missing for the last 14 years may have left behind video evidence of an ancient city in Antarctica, according to archaeologist Jonathan Gray. The Californian TV crew went missing in 2002 after filming a mission by U.S. Navy SEALs in Antarctica. According to Johnathan Gray, who runs Archaeology News Flash, the video left behind by the TV crew has been blocked by the U.S. government from being aired. “The U.S.
The Russian leader of the Liberal Democrat Party has accused the U.S. of using a new type of weapon on Russia, saying that the meteor that supposedly fell in the Urals on Friday was, in fact, a highly advanced weapon sent by the U.S. government as a warning to Russia. “You’re like some primitive tribe. What meteorite?” Zhirinovsky told members of the press, adding that “when something falls – it’s man-made.
We have reported for years that Russia and China have been doing everything they can to displace the use (and influence) of the US dollar.
The US of course, either oblivious or too arrogant to care, has continued to bring Russia and China together by annoying both equally with its incessant meddling. Recall that recently both China and Russia have had to warn the US about its insistence on flying reconnaissance planes too close to their borders.