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Archive for September, 2008

This is really funny. It seems that capitalist United States is hoping that Communist China doesn’t act like a capitalist and unload U.S. government debt.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=anZHfo6tQi60
Asia Needs Deal to Prevent Panic Selling of U.S. Debt, Yu Says
By Kevin Hamlin
Sept. 25 (Bloomberg) — Japan, China and other holders of U.S. government debt must quickly reach an [...]

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The financial bailout has been disapproved just recently, contrary to what the article which I have included will say. When a better one finally does get approved (assuming any bailout will be approved), it’s best to check out this article for the events which may occur.
http://www.naturalnews.com/024341.html
ANALYSIS and PREDICTIONS*:
* See financial disclaimer at the end of [...]

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Look what Europe has to say about the financial crisis. Is China going to replace the U.S. as a major financial superpower?
http://www.reuters.com/article/newsOne/idUSTRE48O2L020080925
BERLIN (Reuters) – Germany blamed the United States on Thursday for spawning the global financial crisis with a blind drive for higher profits and said it would now have to accept greater market regulation [...]

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Stiglitz on the financial crisis.

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The following article is taken from a website which deeply criticizes the medical industry in the United States. If there is any website which will attempt to expose it in the internet, this website will certainly be one of the first. Make sure to check on their website too (www.naturalnews.com) for examples and for further [...]

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I am not a Finance man, but the article below seems quite bad. Just fixing this seems to be a big problem, and other bankruptcies can occur anytime.
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahwz_k5JvuB8&refer=worldwide
Sept. 29 (Bloomberg) — The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis [...]

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Just quick refresh on the ongoing turmoil in the financial markets. The DOW dropped 777 (auspicious?) points last night. Here’s how last night’s drop stacks up against history:

The prognosis? It might be too early to tell, but large scale collapses have been associated with investors “capitulating” or giving up on the market–which is often the [...]

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http://en.wikipedia.org/wiki/Ekranoplan
An ekranoplan (Russian: экранопла́н, French: ecran screen + plan plane ) is a vehicle resembling an aircraft but which operates solely on the principle of ground effect (in Russian эффект экрана effekt ekrana – from which the name derived). Ground effect vehicles (GEV) fly above any flat surface, with the height above ground dependent upon [...]

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You’ve heard of how snakes can eat something whole even if it is wider than their mouth. I haven’t chanced upon any videos on this, so I’ll give you the second best thing.

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