A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the…
Tag Archive: Depression
Explaining Modern Finance And Economics Using Booze And Broke Alcoholics
Courtesy of reszatonline, who brings us the following allegory by way of Tim Coldwell, we are happy to distill (no pun intended) all of modern economics and finance in a narrative that is 500 words long, and involved booze and broke alcoholics: in other words everyone should be able to understand the underlying message. And…
Study: Magic mushrooms may help treat depression
Psychedelic mushrooms may point to new ways to treat depression, suggest two small brain imaging studies that seem to show how psilocybin — the active ingredient in such mushrooms — affects the brain. One study included 30 healthy people who had psilocybin inserted into their blood while magnetic resonance imaging (MRI) scanners measured changes in…
Police: woman offered sexual favors in exchange for McNuggets
EDITORS Note: This is a Funny & SAD Story at the same time, is/does this show a reflection of just how Desperate people are getting due to our FAILING Economy. This will not be the first nor the last story of this type for the months to come. A Los Angeles woman was arrested after…
Gas Outlook 2012: ‘Most Painful Year At Pump Ever’
CHICAGO (CBS) — Gasoline prices could approach $5 a gallon by Memorial Day and stay a record levels for much of the summer, according to a forecast by GasBuddy.com. Gas prices always spike in the summer, but the 2012 Gasbuddy.com Price Outlook predicts this summer will break records. “It looks like it might be the…
So Much For A “Record Black Friday”: November Retail Sales Miss Big
Earlier we just got confirmation out of Best Buy that one can not, as expected, offset negative margins with near-infinite volume (as the stock tumbles). Now we get advance retail sales proving that all speculation about a record Black Friday was just that. Oh, and a lie. In short – everything missed. Advance retails sales…
How to Position Yourself for the Future: Step 1 – Financial Security
Submitted by ChrisMartenson.com How to Position Yourself for the Future: Step 1 – Financial Security What we care about most here is helping people adjust and adapt — happily, profitably, and safely — to what is likely to be a very different future. Our framework centers on the idea that humanity is facing a set…
Prophets Of Doom: 12 Shocking Quotes From Insiders About The Horrific Economic Crisis That Is Almost Here
We are getting so close to a financial collapse in Europe that you can almost hear the debt bubbles popping. All across the western world, governments and major banks are rapidly becoming insolvent. So far, the powers that be are keeping all of the balls in the air by throwing around lots of bailout money. …
BBC Speechless As Trader Tells Truth: “The Collapse Is Coming…And Goldman Rules The World”
In an interview on BBC News this morning that left the hosts gob-smacked (google it… it is the BBC after all), Alessio Rastani outlines in a mere three-and-a-half-minutes what we all know and most ignore. While the whole interview is worth watching, the money shot for us was “This economic crisis is like a cancer,…
Art Cashin’s “Friends Of The Fermentation” Subcommittee Meets, Decides “To Hell With The Kids”
EDITORS Note: Its the comments on this story that are REALLY Interesting, take some time and enjoy….. Some pure poetry from Art Cashin today which explains why future US generations may want to hold a referendum on being born… From Art: Partisan Politics Postpones Or Poisons Potential To Help Our Kids And Grandkids – Things…