Who have they jailed in the USA for destroying the world's economy?

Does it get any nuttier than this? All the best to "Occupying Wallstreet"

Max Keiser on The Chrysler Bankruptcy - Brilliant!

Max says things here which are rarely heard on ANY mainstream television station. Here he is from a few days ago ( May 1st ) on France 24 talking about "savage capitalism", "Dracular" - like hedge funds and the weak American worker, whose blood the hedgefunds, banks and other sundry capitalists is sucking. Great stuff.

Is Capitalism in the USA and UK "feeding on itself" and in doing so eating the last crumbs of what was a productive economy? You judge.

Gold should be strong into June

Gold began its rise this week after the Martin Armstrong turn date of April 19th and began its rise this week which should take it higher into June.

Some pundits are saying that this is the beginning of Wave III, a wave that with its minor waves could go on for some time. We'll see, of course, but gold by the end of the year should have proved to have been an outstanding investment.

The really big rises in gold are expected in 2010 when inflation will be rampant all over the world.

I expect a major stock-market crash during the month of October with stock indexes gradually declining over most of the summer. October will mark the the 32nd month from the Dow's "top" in mid February 2007. It might be a good point to pick up a couple of tech stocks in November.

False Diagnosis of Deflation - Jim Willie

Pertinent and perceptive, Jim Willie's latest is one of the best reads out there.
http://www.321gold.com/editorials/willie/willie010209.html

"It's Just Time" by Martin Armstrong

I can't say that I agree with everything that Martin Armstrong says here, but it's an interesting read and quite wide-ranging too. Some of it seems unconnected but what does a man do who has been locked up without trial for years in the US! According to Armstrong, there will be little respite in a deepening recession until June 2011.
http://www.contrahour.com/ItsJustTimeMartinArmstrong.pdf

GSE Woes and More Fed Easing Ahead by Frank Barbera

In one of the best articles of its kind Barbera explains how rising unemployment figures reveal how the US and the West are already in recession and how they are probably well on their way to a major depression. He goes on to reveal the differences between CDOs and CDS and their relationship with clarity and insight and he demonstrates how when significant CDOs go belly up the results will cause a systemic catastrophy for the US financial system and its main representative, the Dollar. In short, it's a enlightening read.

http://www.financialsense.com/Market/barbera/2008/0819.html

Fresh Rout of US banks!

Dow Jones dives as Hank Paulson rules out rescue of Fannie Mae and Freddie Mac

By Ambrose Evans-Pritchard

Last Updated: 11:40pm BST 11/07/2008

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/12/cndow112.xml