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POPSGreece downgraded over high debt Europe is falling. What will the order be: 1) Greece, 2) Ireland, 3) Italy, 4) Portugal, 5) UK, 6) Spain? What could Germany and France do then, but follow. What happens then is the $64 trillion question. Hyperinflation? More deflation? Nobody knows, but they will know soon. The knowledge is liable to be depressing for believers in eternal economic growth.
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POPSThe Collapse of Finance The wave is breaking. Time to start surfing for your life. Experiencing the moment, while anticipating what will happen next must be vitally important in preventing wipe outs.
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POPSDubai World asks for debt ‘standstill’ I wonder how much Saudi Arabia has over built. Even by today's standards, $80 billion is a big number for virtually worthless property assets built on the assumption of an everlasting boom.
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POPSDeath on the Net The death of Google is right here in the combination of Open Intelligence and Amplify.
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POPSChina and Fannie Mae China has already been burned badly with its Blackstone and Morgan Stanley investments. But with the Big Macs and Maes, it's still the same old problem, the Chinese loaned them money which they can't pay back, however, much both sides want pretend that one day they can.
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