Clusterstock has thoughtfully assembled a list of the most bearish financial pundits, but really, they’re all a bunch of perkypants compared to Jim Kuntsler, except for Dimitry Orlov, who also basically predicts we’ll be living in caves and grubbing for worms as penance for our excess while society collapses around us. Such prognostications apparently [...]
| |||||
The video above comes from a Mother Jones fundraiser held recently out on the west coast. You can view the rest here, but this one in particular got me thinking about which sources I actually trust for economic news. Turns out, not that many. Before I list them though, I should tell you [...] Nouriel Roubini may be about to get kicked out of the pessimism porn club as he now is saying if governments continue being proactive, we may survive this thing after all. Meanwhile, Ron Paul raises the bar for disaster chic, saying we have a 15-year depression coming – but then he’s been a nutball buy-guns-and-gold [...] Will countries react to the financial crisis with crippling “reverse globalization,” throwing the entire world economy off balance? Or are we instead locked into globalization and headed for a new “Dark Age?” [...] .cc_box a:hover .cc_home{background:url(‘http://www.comedycentral.com/comedycentral/video/assets/syndicated-logo-over.png’) !important;}.cc_links a{color:#b9b9b9;text-decoration:none;}.cc_show a{color:#707070;text-decoration:none;}.cc_title a{color:#868686;text-decoration:none;}.cc_links a:hover{color:#67bee2;text-decoration:underline;} The Colbert ReportMon – Thurs 11:30pm / 10:30c Doom Bunker – Jack Jacobs and Stephen Moore Colbert Report Full EpisodesPolitical Humor Rap BattleJoke of the Day Something to make all you pessimism porn and disaster chic aficionados feel positively giddy. El Kañsas. A Werewolf Congress. [...] “Our Country has faced far worse travails” The Disaster Chic police are going to be all over him, how dare he be perky, especially since his company had a horrible year. Why isn’t he telling people to buy gold, guns, and dried food instead? Oh wait, survivalists have done that any number of times [...] From a vulture investor interviewed in New York Magazine NYM: Give me the bad news then. V: The top five U.K. banks have $10 trillion of assets and their GDP is only $2.13 trillion. The whole country could fall into the ocean. The top five U.S. banks represent only about 60 percent of GDP [...] After reciting a litany of horrifying statistics, Newgeography ends with a surprising conclusion. The reality is that the country achieved astounding economic and social progress since World War II. The reality remains that even after the losses we are not, objectively speaking, experiencing Depression like conditions. Critically, the answer to the question, are you [...] Yesterday we brought the troubling news that a VC investor was no longer gloomy. Well, this dangerous contagion is spreading, a noted economist has now become optimistic. Venture Capital investor Paul Kedrosky at Infectious Greed is becoming dangerously perky, apparently refusing to believe the sky is falling in. A confession: I’ve been offline most of the weekend and am only now catching up on the usual Sunday night chatter about how it’s the end of the world as we know it. [...] |  | ||||
Copyright © 2012 Politics in the Zeros - All Rights Reserved | |||||
Recent Comments