http://www.fourwinds10.net 2013-05-19T02:38:50+01:00 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1368550294 May 13, 2013 SAN LUIS OBISPO, Calif. (MarketWatch) — Are you happy? Is America happy? Yes? No? Maybe? The new 170-page United Nations World Happiness Report has the solution. But do nothing and it’ll just keep getting worse, as we’re headed to a point of no return. Warning: The next generation of Americans is going to be an extremely unhappy bunch. Why? Because economists use GDP to measure America’s happiness — and GDP is crashing. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1368548349 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1368059321 FW:  May 9, 2013 SUBSCRIBE for new videos, documentaries and satire. Watch more videos here: http://www.youtube.com/user/comingcri.. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1368028728 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1367939698 May 2, 2013 The mainstream media is not telling you this, but the truth is that most Americans are steadily getting poorer.  The middle class is being absolutely eviscerated, and poverty is soaring to unprecedented heights.  The fact that 90 percent of the population is constantly sliding downhill is not good for our society. The United States is supposed to be a land of opportunity with a vibrant free market system that enables average people to make better lives for themselves.  Unfortunately, free enterprise is being strangled to death in the United States today. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1367441486 May 1, 2013 Stock markets around the world have made up the losses they incurred during the 2008-09 financial crisis and the workers of the world are paying the price for this recovery. Fiscal stimulus packages and bank bailouts that helped to contain the crisis left governments with deficits that are now being used as a pretext for spending cuts and layoffs in the public sector. At the same time, rising unemployment has had a dampening effect on wages. Losing a decently paid job to join the ranks of the working poor is very common these days. The pervasive feelings of social insecurity amongst workers is the greatest in decades. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1367070358 April 27, 2013 User ID: 18380705 United States 04/23/2013 12:45 PM Report Abusive Post Report Copyright Violation "Escape from Los Angeles"-A Massive List of Hollywood Elite Selling Homes and Fleeing California (update: just listed) and more....   In my 10 years of being a real estate agent in la, I have never seen AN EXODUS like this one. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1366993513 April 26, 2013 f a math textbook that never underwent an official academic review and was proven to contain basic factual inaccuracies were nonetheless used by an entire school to teach math, wouldn't it be fair to say that all of that school's graduates were incapable of doing math? Wouldn't it make more sense to just replace the math textbooks instead of inadequately preparing thousands of students for basic math in the real world? As it turns out, the "fuzzy math" George W. Bush talked about in a debate with Al Gore is actually the math used by influential European Union leaders and EU governments like Greece and Spain in the midst of a crippling depression. Those leaders have cited the study "Growth in a Time of Debt" by Harvard Economics professors Carmen Reinhart and Kenneth Rogoff as their justification for cutting billions from essential government programs and causing millions of layoffs all over Europe. The Reinhart-Rogoff study, which claims that GDP growth slows significantly when a nation's debt exceeds 90% of that country's GDP, was also cited by Representative Paul Ryan in his austerity budget that called for even more layoffs and more cushions for the rich. The only problem is that this influential study has recently been proven to be fundamentally, totally wrong. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1366668499 April 22, 2013 Pensioners should share the pain of austerity cuts and pay more tax to promote fairness between the generations in the housing market, a think-tank has warned. The Fabian Society claims high levels of home ownership among older people threatens fairness, as the wages of middle-income workers stagnate and they cannot afford to buy a home. It argues pensioners' taxes should increase, their benefits should be cut, and a tax on property wealth should be introduced. The report follows previous warnings that the range of universal benefits for pensioners in Scotland such as free care and bus travel may lead to conflict between the generations. It also comes weeks after Welfare Secretary Iain Duncan Smith failed to rule out future cuts to benefits such as Winter Fuel Allowance for well-off pensioners, while Business Secretary Vince Cable has also said it was "barmy" to continue paying benefits to wealthy pensioners. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1366248632 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1365615691 April 10, 013 Data are hard to deal with when your vision is on the wrong side of it. Those wanting to claim there is a recovery underway are having just this problem. These people either have no understanding of economics or they believe falsely that they can inflate “animal spirits” with their hyped reports and that will initiate a recovery. There will not be an economic recovery given the economic policies of this country. A recovery is not unlikely, I would argue it is closer to impossible if not impossible. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1365610917 April 7, 2013 When I wrote Part One of this series which makes the case that America is a Third World nation, I received mostly supportive comments. However, I received several hate-filled comments from people who are living in an abject state of denial as to what America has become. Part One only dealt with some of the economic indicators which are strongly suggestive of the fact that we have become a Third World nation. Part two of this series examines the same claim from a much broader point of view by considering a number of factors. Out of Control Debt Third World countries have spiraling out-of-control debt. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1365434795 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1365182473 April 5, 2013 (SCROLL DOWN) * * * * * * * * * *   CLICK ON CHART TO ENLARGE Federal Express has been a good leading indicator for the S&P 500 over the past 10 YEARS!  Back in 2002, FDX created higher lows and the SPY followed.  In 2006/2007 FDX created lower highs and the SPY followed it down. Now Fed Ex could be sending an “EXIT” signal for the markets/SPY as it hit the top of its rising channel and has been breaking down of late! Fed Ex has been a good leading indicator at bottoms and tops.  Will it be different this time??? - - 2013-04-02 10:47:38 Source: http://blog.kimblechartingsolutions. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1365179409 WASHINGTON, Apr 2 2013 (IPS) - World Bank President Jim Kim has unveiled a series of new institutional goals aimed at ending extreme poverty by 2030 and focusing on the promotion of “shared prosperity” – increasing the incomes of the poorest 40 percent in each country while placing increased focus on dealing with climate change. World Bank president Jim Kim urged countries to “break the taboo of silence” around inequality. Credit: World Economic Forum/cc by 2.0 In a major speech at Georgetown University here on Tuesday, Kim fleshed out themes that he first introduced last fall, outlining a vision for how the World Bank can evolve and remain relevant in the coming decades. With an annual lending budget of around 30 billion dollars, the Washington-based bank remains one of the world’s largest development institutions. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1364953898 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1364951639 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1364907931 April 1, 2013 A new financial report by California State Auditor and the Bureau of State Audits shows that California is heading down the tubes, and fast—it now has a negative net worth of $127.2 billion. It’s actually worse than that; although the report counted the state's long-term obligations at $167.9 billion, that doesn’t count unfunded liabilities for state employees' future pensions or the $60 billion in unfunded liabilities for retiree health care. Both of those costs have been listed by the Governmental Accounting Standards Board and Moody's as costs that states and localities should include in their budgetary assessments. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1364864240 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1364661070 Monday, March 25, 2013 at 12:27 pm I linked this presentation in the previous post but I decided that it was worthy of standing alone. I don't personally know Brent from Santiago Capital. We've exchanged emails from time to time and he always alerts me when he releases a new presentation. This latest one is terrific. There's nothing earth-shattering here. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1364659969 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1364401660 March 26, 2013 The growing debacle that is the US student loan bubble - nearly the same size and severity [9]as the Subprime crisis at its peak- has been painfully dissected [9]on these pages in the past, so at this point the only thing remaining is to keep track of the bubble growing exponentially in real time as it hits all time records, and eventually pops. Helping us to track the realtime growth is the latest data from Equifax, via Reuters, which confirms what everyone knows: things in student bubble land are getting worse by the minute. Much worse, because in just the first two months of 2013, banks wrote off $3 billion of student loan debt, up more than 36 percent from the year-ago period, as many graduates remain jobless, underemployed or cash-strapped in a slow U.S. economic recover. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1364237002 March 21, 2013 A Ministry of Foreign Affairs (MFA) “urgent bulletin” being sent to Embassies around the world today is advising both Russian citizens and companies to begin divesting their assets from Western banking and financial institutions “immediately” as Kremlin fears grow that both the European Union and United States are preparing for the largest theft of private wealth in modern history. According to this “urgent bulletin,” this warning is being made at the behest of Prime Minister Medvedev who earlier today warned against the Western banking systems actions against EU Member Cyprus by stating: “All possible mistakes that could be made have been made by them, the measure that was proposed is of a confiscation nature, and unprecedented in its character. I can’t compare it with anything but ... text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1364061812 March 22, 2013     Celente – The Financial System Is Collapsing Before Our Eyes Today top trends forecaster Gerald Celente told King World News that the financial system is breaking down and collapsing right before our eyes. Celente had correctly forecast back in 2012 that a bank holiday would occur in Europe, and also said events continue to spiral out of control going forward. Celente is the founder of Trends Research, and the man many consider to be the top trends forecaster in the world. Eric King: “Gerald, I have to start off talking here about the bank holiday we’re seeing in Cyprus. You had called for bank holidays, your thoughts here?” Celente: “First we thought they were going to happen in the United States, but we didn’t know they were going to be dumping quantitative easing unlimited into the economy. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1363880736 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1363800135 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1363700807 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1363627702 March 16, 2013 Here are a few good questions for those 1% "elites" who want to get rid of all the "useless eaters", i.e. all of us who aren't them:    After you have gotten rid of all of us, who is going to grow the food that you need to eat?  Who is going to manufacture all of the things that you want and sew the clothes that you want to wear? Who is going to keep the power on and the water flowing? Who is going to pump and refine the oil into gasoline that you need for your gas-guzzling cars?   And who is going to build those cars or repair them when they break down?   We all know very well that the "elites" won't want to do any of those things--they consider all of that "beneath" them.  We, the 99%, are the ones who keep things going on this planet, NOT the 1% "elites".    So, my last question is:  Who REALLY are the "useless eaters" on this planet, us, the 99%; or the 1% "elites"?    I suggest that it is the latter. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1363456375 March 15, 2013 [Editor’s Note: Darren Kaiser, Sovereign Man’s Chilean property consultant, is filling in for Simon today from Santiago, Chile.] During most of the 2000s, I patiently sat on the sidelines while the paper-fueled run up in asset prices (primarily stocks and real estate) in my home country took off. I always thought that when the cheap and easy credit eventually ran out, prices would come tumbling back down. And when that finally happened in 2008, I jumped in. One investment that seemed obvious to me was betting against commercial real estate investment trusts (REITs). text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1362755624 March 6, 2013 There can be no denying that unprecedented numbers of people, of all ages and creeds, are increasingly frustrated by the governmental and corporate financial machinations which keep them struggling to make ends meet while effectively jeopardizing their long-term potential to secure an adequate and fair standard of living. Obama’s announcement this week of further government cutbacks (in the middle of a job crisis, no less) puts millions of people directly under the wheels of an economic steamroller that is being driven straight across the most vulnerable sectors of society. Those who investigate deeper have come to see how the markets are manipulated by powerful figures to serve the interests of the few, the elite, the same individuals who control and determine economic trends and invariably direct them in their favour… at the expense of the broader public. As Paul Craig Roberts wrote: “There was a time not that long ago when US corporations accepted that they had obligations to their employees, customers, suppliers, the communities in which they were located, and to their shareholders.  Today they only acknowledge obligations to shareholders. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1362749382 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1362676906 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1362578961 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1362511533 FW:  March 5, 2013 China’s economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies. Debunking popular misconceptions, Pettis shows that severe trade imbalances spurred on the recent financial crisis were the result of unfortunate policies that distorted the savings and consumption patterns of certain nations. Pettis examines the reasons behind these destabilizing policies, and he predicts severe economic dislocations, a lost decade for China, the breaking of the Euro, and a receding of the U. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1362147996 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1362078962 Feb. 27, 2013 The typical articles over the last many years have featured a particular theme. In the last few months, the central theme in Jackass articles has been the isolation and demise of the USDollar, how it is happening, why it must happen, and its importance in the restoration of the global financial structure. But this week, a sudden urge has come to address an overwhelming list of critical gritty questions. They crop up with clients, colleagues, and friends. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1362058343 Feb. 28, 2013 VIEW HERE http://www.youtube.com/watch?v=XsboX3DWS1s&feature=em-share_video_user text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1362058143 Feb. 26, 2013 nalyst Gregory Mannarino is worried about the out of control debt in America.  Mannarino says, “The United States is already in technical default regarding its debt because if it were not for the Fed buying all this debt, we’d be in actual default, which is coming.”  When the bond market bubble blows up, Mannarino thinks, “People are going to be destroyed here—destroyed from a financial standpoint.”  It is an official “open ended” policy for the Fed to buy $85 billion in debt each and every month. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1361387129 Feb. 18, 2013 I penned an article on PRAVDA previously, entitled "Are You Prepared?" in which I outlined my ideas and concerns over the Federal Reserve and the impending currency crash.  The manner in which the article has been received has surprised me and I feel emboldened to progress this concept further. When looking through comments, it is interesting that they are generally concurring with my premise and indicating that many others out there are already looking along a similar vein in regards currency matters. I have no academic claim to fame in the field of finance/economics, I am however professionally qualified and was a Major in the Infantry. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1361203399 Feb. 17, 2013 (NaturalNews) Is chronic, slow economic growth and rising poverty the new normal for America and Americans? Unfortunately, for an increasing number of people, the answer is yes. According to recent reports, a large and growing portion of American workers who are having trouble making ends meet because of rising costs are being forced to raid their retirement accounts for non-retirement needs, "raising broad questions about the effectiveness of one of the most important savings vehicles for old age," The Boston Globe said. In fact, more than one in four - a staggering 25 percent of workers - with 401(k) and similar retirement savings accounts are now using them to pay current bills, new data indicates. The monetary figure is alarming: A quarter of the $293 billion deposited in such accounts each year is now being drained via loans, withdrawals and out-right cash-outs, "undermining already shaky retirement security for millions of Americans," the paper said. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1361032722 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1360863063 Feb. 12, 2013 In 2010, at the height of the financial crisis, Global Research published a highly-acclaimed book entitled “The Global Economic Crisis: The Great Depression of the XXI Century” (Michel Chossudovsky and Andrew Gavin Marshall, Editors). Now in 2013, even the minority elite and their back-pocket media pundits – who were pushing the public to believe that the crisis was over — can no longer deny that today’s economic outlook is far from healthy. This important volume, featuring 20 chapters by some of Global Research’s top contributors, is essential reading for those who want to truly understand how the public is being manipulated into poverty. We cannot afford to remain powerless. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1360426390 Feb. 8, 2013 Contrary to what the power brokers would have you believe in order that you’ll give up your pension, cut your wages, and settle for the life that people live in a third world country, the globalists want you to believe that you are broke and there is nothing you can do about it. America is not broke, not even close. The United States of America is awash in wealth, cash, proprietary assets and an unimaginable amount of mineral wealth. What belongs to the people has been transferred, in the greatest theft in world history, from the workers and consumers to the banks and the portfolios of the criminal elite gangsters which control the politicians with insider-trading and outright bribes. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1360117341 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1360001123 Feb. 2, 2013 (NaturalNews) Shelling out tens or even hundreds of thousands of dollars for higher education may no longer be the surefire path to a great career that it used to be. A recent report compiled by the education resource group OnlineColleges.net found that more than 300,000 Americans with either Master's degrees or Ph.D. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1359822823 Feb. 2, 2013 VIEW HERE http://www.staged.com/video?v=Klmb text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1359820353 Feb. 1, 2013 You better get ready, because there are a whole host of signs that economic trouble is on the horizon.  U.S. economic growth slipped into negative territory during the fourth quarter of 2012. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1359652662 Jan. 31, 2013 Welcome to Wonkbook, Ezra Klein and Evan Soltas’s morning policy news primer. Send comments, criticism, or ideas to Wonkbook at Gmail dot com. To read more by Ezra and his team, go to Wonkblog. Wonkbook’s Number of the Day: -0. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1359643495 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/economy/news.php?q=1359642948