Financial Crises Getting Worse Worldwide

by M.D. Creekmore (a.k.a Mr. Prepper) on May 18, 2010

Financial Crises Getting Worse Worldwide – The pace and severity of financial crises has taken an ominous turn for the worse. Over the past 30 years, a crisis has occurred, on average, every three years. Yet, now, only 18 months after the meltdown of late 2008, Europe’s sovereign debt crisis has hit with full force. With one crisis seemingly begetting another, and the fuse between crises now getting shorter and shorter, the world economy is on a very treacherous course.

Sears And Kmart Accepting GOLD or Silver For Payment? - Sears Holdings Corp (SHLD.O), which expanded its layaway program to help cash-strapped consumers pay for purchases during the recession, is now helping its customers exchange their jewelry for cash as gold prices soar.

Manipulation: Goldman Sach’s Made $100 Million 35 Times Last Quarter – The financial world is starting to wake up to this rigged system, but can do nothing about it. The manipulators collude with high level regulators, the Treasury and the FED. It is also doubtful that a controlled Congress and judiciary will do anything to stop it.

Air tests from the Louisiana coast reveal human health threats from the oil disaster – The media coverage of the BP oil disaster to date has focused largely on the threats to wildlife, but the latest evaluation of air monitoring data shows a serious threat to human health from airborne chemicals emitted by the ongoing deepwater gusher.

US bankruptcies resume upward path in 1st quarter – U.S. bankruptcy filings resumed their upward climb in the first quarter, nearly equaling their highest level since 2005, as high unemployment and a still-strained housing market squeezed consumers.

Obama Plan to Make Cheaper Coins – Those pennies and nickels in your pocket cost more to manufacture than they are worth. That’s why the Obama administration wants to use cheaper materials — possibly an aluminum alloy — to make the coins.

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