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    USA 2008: The Great Depression

    by Chris Martenson

    Tuesday, April 1, 2008, 3:01 PM

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    On the one hand, the stock market continues
    to climb against all odds….on the other hand, record numbers of
    Americans are bankrupt, in foreclosure, receiving food stamps, or all
    three.

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    Pompous Prognosticators

    by Chris Martenson

    Wednesday, April 2, 2008, 3:45 PM

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    Below, I’ve liberally excerpted from an article I read a couple years back that always stuck with me.

    Since our challenge today is to know
    whom to trust and which story to believe, I thought I’d bring this one
    back to the forefront, because the parallels are so striking between
    the late 1920’s and now.

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    Recession Indicators, Part II

    by Chris Martenson

    Friday, April 4, 2008, 9:25 PM

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    Are we in a recession, heading towards one, or
    not? The stock market seems unconcerned with the Dow rising 3.2%,
    S&P up 4.2%, and the Nasdaq 4.9%. This collection of news items
    will help you sort this out.

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    Week of March 31, 2008

    by Chris Martenson

    Sunday, April 6, 2008, 12:35 PM

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    On the brink of disaster; USA 2008: The Great Depression; Recession Indicators, part II; Pompous Prognosticators; Credit crunch triggers $2 trln drop in debt underwriting; Basic groceries up 8%, farm report says

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    Credit crunch triggers $2 trln drop in debt underwriting

    by Chris Martenson

    Monday, April 7, 2008, 12:46 AM

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    Our money system requires that ever larger
    amounts of new credit be issued or else the banking system becomes
    really unhappy. Consumers with credit cards is one form of credit,
    mortgages another, but the a really, really huge piece of the credit
    pie is the corporate debt markets. This article points out that a
    massive shortfall in this arena has happened.

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    Basic groceries up 8%, farm report says

    by Chris Martenson

    Monday, April 7, 2008, 1:15 AM

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    The US government says that food inflation is
    up 4% over the past year. The Farm Bureau, which simply measures prices
    and does not statistically manipulate prices via substitution or
    hedonic adjustments, measured an 8% gain in just the last three months.

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    Experts Predict Imminent Oil Squeeze

    by Chris Martenson

    Monday, April 7, 2008, 2:50 PM

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    There are lots of opinions on where the price
    of oil is going. Some think that it’s headed back to $38. Some, like
    the expert oil analyst
    ´Zapata’ George Blake, think it‘s
    going much, much higher. Depending on which story you believe, your
    likely actions and decisions will be (and should be) vastly different.
    Better choose wisely.

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