“We predicted this (current) downturn in the U.S. 20 years ago.”-Harry S. Dent Jr
September 11, U.S. economist Harry S. Dent Jr is predicting a second, deeper downturn between the beginning and the middle of next year.
Dent says the downturn will start in Europe, spread to the United States, China and eventually Australia. He says […] Continue Reading…
A report out of China says that home juicing machines, and soybean milking machines, are being manufactured with lubricants that are known to cause cancer.
Inspectors working for the Germany company Fuchs Petrolub, discovered the malpractice: “Manufacturers of soybean milk machines, including Joyoung and Midea, are well aware that the lubricant for production is […] Continue Reading…
The Chinese Ministry of Commerce is investigating claims that Europe and Japan are dumping steel tubes in China.
“Dumping can force established domestic producers out of a market and lead to monopolistic positions by the exporting nation.”-Wikipedia
China will look into the matter of “certain high-performance stainless steel seamless tubes” and calculate the loss suffered […] Continue Reading…
Nike has admitted to false advertising in China. This after a Chinese customer, who just happens to be a counterfeit products investigator, discovered that Nike was selling downgraded versions of their Nike Zoom Hyperdunk 2011.
The shoe sells in the United States for around $125.00, and has two air cushions in each shoe. According to […] Continue Reading…
“Inhumane treatment is taking place at the hospital among other areas, especially affecting the sick and those who are on (hunger) strike and our deprivation of real treatment, health, diet and appropriate clothing which are not provided to us, nor we are allowed to provide them for ourselves.”-Shaker Aamer, statement […] Continue Reading…
“You’re definitely going to see decreased service levels for consumers. They’re talking about either closing branches or reducing the head count in the branches.”-Christopher Whalen, Institutional Risk Analytics.
The largest bank in the United States will make it official, they will layoff 40,000 or more employees, over the next couple of years. The […] Continue Reading…
“I’m doing it as an exit strategy of sorts. I like knowing that I have another place to go if things get even worse here, or if I just get tired of running on the American mouse wheel.”-Amber Alfano
According to a Florida media source, the number of U.S. citizens who want […] Continue Reading…
“We’ve seen an increase of almost 40% in the number of American citizens making inquiries about the requirements for moving to Mexico. There are definitely more Americans emigrating to Mexico…”-Mexican Consulate in New York
In 2009, Mexico became the number one country of choice for U.S. citizens trying to escape the economic and political […] Continue Reading…
September 10, tens of thousands of Greek protestors turned violent when they confronted Prime Minister George Papandreou at the Thessaloniki Trade Fair.
Greek police say the protestors are armed with sticks, stones and guns. Six thousand police are guarding the Greek city of Thessaloniki.
There have been several reports out of Europe that say Greece has […] Continue Reading…
Egypt’s Supreme Council of Armed Forces has rejected the resignations of the interim government officials. The officials offered their resignations after Egyptians took over the Israeli embassy.
At least 1,000 Egyptians were wounded in clashes with Egyptian security forces after the embassy takeover.
Israeli Prime Minister Benjamin Netanyahu says Israel will adhere to its peace […] Continue Reading…