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Odds 'n Sods:
Vice-President
Elect Joe Biden: US Economy in Danger of "Totally Tanking'. His
solution? More "stimulus". Just as I warned, the
Mother of All Bailouts (MOAB)
will
continue to grow to gargantuan proportions that will inevitably spawn stagflation.
Mark my words: Deflation in the short term, and mass inflation in the long
term will be the hallmarks of the emerging Second Great Depression. Oh,
speaking of inflation, SurvivalBlog reader Bill N. sent us this
propaganda piece from the 1930s, archived on YouTube. Back then, just
$4 billion was considered a massive economic stimulus. My, my!
How times
have
changed.
o o o
Thanks to KAF for finding this: Forget the economy: Killer asteroids could
pose real danger
o o o
KAF also sent this article, that ands some details to a previous post: Magnetic
Field Hole Could Cripple Communications
o o o
My old friend Sandy recommended this
great sermon about America's debt money system.
o o o
The latest dose of GuD (Gloom und Doom) from Cheryl: Wall
Street Sets the Stage for Next Big Heist -- Bush
Orders Emergency Auto Bailout (Gee, I thought the Constitution said
that only Congress could appropriate funds?) -- California
Unemployment Rate Jumps to 8.4% -- Bye-Bye
Dollars, Bye-Bye Treasuries -- Rescue
Loans Guided by Raters Who Graded Subprimes AAA -- Billionaires'
Ski Club Stiffs Vendors after Collapse -- Glut
of Oil Creates Short-Term Storage Problems -- Stocks
End Choppy Session Mixed -- Gold Ends the Week Up Again