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        <title>Global Economic Depression - Global Financial Crisis Watch</title>
        <link>http://peakoilpetroleumandpreciousmetals.yuku.com/topic/5187/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html</link>
        <description>
        <![CDATA[ 

 








Some have speculated that we were just hours to days from seeing the global financial system collapse. The extraordinary events over the last week are simply
bizarre but this is a disaster that was in the making for the last several years. We saw the governments of the United States and Great Britain step into the
global markets and actually nationalize financial institutions. One may even go as far as to say that in the last week the taxpayer has become a shareholder of
an $800... ]]>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16556/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16556</link>
			<description><![CDATA[ <h1>Optimist? Or pessimist? Test your 2010 strategy!</h1>

<h2>12 &#39;Dr. Dooms&#39; warn Wall Street&#39;s optimism misleads, will trigger new crash</h2>

<div id="mainstory">
  <p id="byline">By <a href="mailto:PaulBFarrell@charter.net"><font color="#6699FF">Paul B. Farrell</font></a>, MarketWatch</p>

  <p class="leadin">ARROYO GRANDE, Calif. (MarketWatch) -- Test time: A neuroeconomic peek inside your brain&#39;s new strategy as we enter the &quot;Doomsday
  Decade&quot; and leave behind... ]]></description>

			<!-- optional elements -->
			<author>feeds@yuku.com (Dennis Erectus)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16556</guid>
			<pubDate>Tue, 05 Jan 2010 22:24:50 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16542/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16542</link>
			<description><![CDATA[ <h1>Personal Bankruptcy Filings Rising Fast</h1>

<p id="articleTabs_tab_article" class="selected">By <a target="_blank" href="http://online.wsj.com/search/search_center.html?KEYWORDS=SARA+MURRAY&amp;ARTICLESEARCHQUERY_PARSER=bylineAND"><font color="#6699FF">SARA MURRAY</font></a> and
<a href="http://online.wsj.com/search/search_center.html?KEYWORDS=CONOR+DOUGHERTY&amp;ARTICLESEARCHQUERY_PARSER=bylineAND"><font color="#6699FF">CONOR
DOUGHERTY</font></a></p>

<div... ]]></description>

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			<author>feeds@yuku.com (patgarrett666)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16542</guid>
			<pubDate>Tue, 05 Jan 2010 11:52:05 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16514/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16514</link>
			<description><![CDATA[ <strong><font size="4">2010 Will Be Worse</font></strong>
<br>
<br>
By Monty Pelerin
<br>
January 1, 2010
<br>
<br>
The year 2010 is likely to be the pivotal year where pundits stop referring to the recession and begin openly talking about a depression.
<br>
<br>
Our economic problem is rather simple to describe: There is too much debt relative to income and/or wealth. Below is a single graph that depicts the condition
of our economy. It shows total debt of the U.S. as a percentage of GDP... ]]></description>

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			<author>feeds@yuku.com (eskardu)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16514</guid>
			<pubDate>Mon, 04 Jan 2010 13:46:21 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16500/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16500</link>
			<description><![CDATA[ <strong><font size="4">Why America is headed for bread lines</font></strong>
<hr style="BACKGROUND-COLOR: #ffffff; COLOR: #ffffff" size="1">

<div id="post_message_1901817">
  Sen. Fritz Hollings
  <br>
  <br>

  <div align="center">
    <strong>They&#39;re All Against Jobs</strong>
  </div>
  <br>
  <br>
  Who is against jobs in the United States? The big banks, Wall Street, the Council on Foreign Relations, the Business Roundtable, the United States Chamber of
  Commerce, the National... ]]></description>

			<!-- optional elements -->
			<author>feeds@yuku.com (Black Blade)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16500</guid>
			<pubDate>Sun, 03 Jan 2010 15:15:45 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16497/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16497</link>
			<description><![CDATA[ <h3 class="post-title entry-title"><a href="http://www.washingtonsblog.com/2009/12/are-food-stamps-soup-lines-of-this.html"><font color="#6699FF">Are Food
Stamps the Soup Lines of this Great Recession?</font></a></h3>

<div class="post-header-line-1"></div>

<p>Bloomberg <a target="_blank" href="http://www.bloomberg.com/apps/news?pid=20601012&amp;sid=aFbqGE.lEdi0"><font color="#6699FF">notes</font></a> that, as of 2007:
<br></p>

<blockquote>
  In Missouri, about 100 percent who were eligible... ]]></description>

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			<author>feeds@yuku.com (Black Blade)</author>
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			<pubDate>Sun, 03 Jan 2010 14:45:54 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16496/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16496</link>
			<description><![CDATA[ <h1 class="mainHead">6 million try to live on no income but food stamps</h1>

<h2 class="subHead">Many US jobless lack cash benefits</h2>

<p class="byline">By Jason DeParle and Robert M. Gebeloff, New York Times  |  <span style="WHITE-SPACE: nowrap">January 3, 2010</span></p>

<p>CAPE CORAL, Fla. - After an improbable rise from the Bronx projects to a job selling Gulf Coast homes, Isabel Bermudez lost it all to an epic housing bust -
the six-figure income, the house with the pool, and the... ]]></description>

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			<author>feeds@yuku.com (Black Blade)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16496</guid>
			<pubDate>Sun, 03 Jan 2010 14:34:08 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16494/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16494</link>
			<description><![CDATA[ <strong><font size="4">Americans Doing More, Buying Less, a Poll Finds</font></strong>
<br>
<br>

<div id="wideImage" class="image">
  <img border="0" alt="" src="http://graphics8.nytimes.com/images/2010/01/03/us/03experience_span-CA0/articleLarge.jpg" width="600" height="350">

  <div class="credit">
    <br>
    Barbara P. Fernandez for The New York Times
  </div>

  <p class="caption">Diego Montoya, 6, above, and his mother, Rosario, sitting near an outdoor fire pit made by his... ]]></description>

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			<author>feeds@yuku.com (Black Blade)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16494</guid>
			<pubDate>Sat, 02 Jan 2010 23:50:07 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16465/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16465</link>
			<description><![CDATA[ <div id="articleHeader">
  <h1>The New Homeless: Aspiring Web Developer Ends Up on San Francisco&#39;s Streets</h1><span class="byline"><a target="_blank" href="http://www.dailyfinance.com/writers/eric-wahlgren/"><font color="#288BCB">ERIC WAHLGREN</font></a></span> <span class="posted"><font color="#979797">Posted
  12:30 PM 12/28/09</font></span>
  <br>
  <br>
</div>

<div id="articleBody" class="postBody">
  <div>
    <em><a rel="bookmark"><span><strong><font size="4"><img... ]]></description>

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			<author>feeds@yuku.com (Black Blade)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16465</guid>
			<pubDate>Thu, 31 Dec 2009 05:00:39 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16455/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16455</link>
			<description><![CDATA[ <span style="DISPLAY: inline" class="news_story_title"><strong><font size="4">Bankers Get $4 Trillion Gift From Barney Frank: David
Reilly</font></strong></span>

<div>
  <p>Commentary by David Reilly</p>
</div>
<br clear="all">

<div style="MARGIN: 0px 5px 0px 0px; FLOAT: left">
  <div id="newsphoto"><img border="0" alt="" src="http://www.bloomberg.com/apps/data?pid=avimage&amp;iid=iHxtgPweZLO4" width="220" height="165"></div>
</div>

<p>Dec. 30 (Bloomberg) -- To close out 2009, I decided to... ]]></description>

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			<author>feeds@yuku.com (Dennis Erectus)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16455</guid>
			<pubDate>Wed, 30 Dec 2009 19:17:02 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16454/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16454</link>
			<description><![CDATA[ <strong><font size="4">GMAC Said to Discuss U.S. Aid Package of $3 Billion or More</font></strong>
<hr style="BACKGROUND-COLOR: #ffffff; COLOR: #ffffff" size="1">

<div id="post_message_1897951">
  By Dakin Campbell
  <br>
  <br>
  Dec. 30 (Bloomberg) -- GMAC Inc., the home and auto lender that counts the U.S. government as the largest stakeholder, is discussing with the Obama
  administration a third bailout of $3 billion to $4 billion, said a person familiar with the matter.
  <br>
  <br>... ]]></description>

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			<author>feeds@yuku.com (Dennis Erectus)</author>
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			<pubDate>Wed, 30 Dec 2009 18:58:15 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16330/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16330</link>
			<description><![CDATA[ <strong><font size="4">Jim Rogers and Marc Faber See Disaster Looming</font></strong>
<hr style="COLOR: #d1d1e1" size="1">


<div id="post_message_877323">
  <a class="lightbox-processed" href="http://cdn.benzinga.com/files/faber.jpg" rel="lightbox[field_image][&lt;br /&gt;&lt;br /&gt;&lt;a href=&quot;/markets/68982/jim-rogers-and-marc-faber-see-disaster-looming-blame-the-fed&quot; id=&quot;node_link_text&quot; class=&quot;active&quot;&gt;View Image Details&lt;/a&gt;]">
  <img title="" alt=""... ]]></description>

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			<author>feeds@yuku.com (eskardu)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16330</guid>
			<pubDate>Tue, 22 Dec 2009 17:47:30 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16324/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16324</link>
			<description><![CDATA[ <h1 align="left"><em><font size="+1" face="Times New Roman, Times, serif">Brace Yourself for a Hard Landing</font></em></h1>

<h1><font color="#990000" size="+2" face="Times New Roman, Times, serif">Bernanke Tightens the Noose</font></h1>

<p><font size="+1" face="Times New Roman, Times, serif">By MIKE WHITNEY</font></p>

<p align="left"><font color="#990000" size="+3" face="Verdana, Arial, Helvetica, sans-serif">B</font><font size="-1" face="Verdana, Arial, Helvetica, sans-serif">en Bernanke... ]]></description>

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			<author>feeds@yuku.com (Black Blade)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16324</guid>
			<pubDate>Tue, 22 Dec 2009 11:25:47 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16264/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16264</link>
			<description><![CDATA[ <div class="column2 gridPanel grid8">
  <h1>&quot;Nickel and Dimed&quot; author sees lost middle class</h1>

  <div class="columnRight">
    <div class="relatedRail gridPanel grid2">
      <div id="articleInfo" class="module">
        <div class="moduleBody">
          <div class="byline">
            <a target="_blank" href="http://blogs.reuters.com/search/journalist.php?edition=us&amp;n=lisa.baertlein&amp;">Lisa Baertlein</a>
          </div>

          <div class="location">... ]]></description>

			<!-- optional elements -->
			<author>feeds@yuku.com (patgarrett666)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16264</guid>
			<pubDate>Sat, 19 Dec 2009 07:45:20 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16233/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16233</link>
			<description><![CDATA[ <h1>Utility Shutoffs Climb by 5% Despite Doubling of U.S. Aid</h1>

<p id="articleTabs_tab_article" class="selected">By <a href="http://online.wsj.com/search/search_center.html?KEYWORDS=REBECCA+SMITH&amp;ARTICLESEARCHQUERY_PARSER=bylineAND"><font color="#6699FF">REBECCA
SMITH</font></a></p>

<div id="articleTabs_panel_article" class="mastertextCenter ">
  <div class="padding-left-big">
    <div id="article_story" class="col6wide colOverflowTruncated">
      <div id="article_story_body"... ]]></description>

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			<author>feeds@yuku.com (mancovaldez)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16233</guid>
			<pubDate>Fri, 18 Dec 2009 00:10:45 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16184/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16184</link>
			<description><![CDATA[ <h1>A Tough Year Ahead for the U.S. Economy?</h1>

<p class="articleMeta"><span class="vcard byline">By Jennifer Schonberger</span>
<br>
<span class="dateline">December 15, 2009</span></p>

<div class="entry-content">
  <p>As the dollar has depreciated, commodity prices have risen, causing commodity-focused companies such as <strong>Freeport-McMoRan</strong> <span class="ticker">(NYSE: <a class="qsAdd qs-source-isssitthv0000001" target="_blank"... ]]></description>

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			<author>feeds@yuku.com (mancovaldez)</author>
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			<pubDate>Tue, 15 Dec 2009 23:42:27 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/16043/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-16043</link>
			<description><![CDATA[ <h1>Meredith Whitney: US Government &quot;Out of Bullets&quot;, Consumer in Trouble</h1>

<div class="date">
  <p>By <strong><a title="Posts by TraderMark" target="_blank" href="http://wallstreetpit.com/author/tradermark/">TraderMark</a></strong><span class="color-CCCCCC">|</span><span class="color-DD4725">Dec 8, 2009, 9:32 AM</span><span class="color-CCCCCC">|</span><a target="_blank" href="http://www.fundmymutualfund.com/">Author&#39;s Website</a> �</p>
</div>

<div class="postarea">... ]]></description>

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			<author>feeds@yuku.com (Dennis Erectus)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/16043</guid>
			<pubDate>Wed, 09 Dec 2009 03:10:38 GMT</pubDate>
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			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/15956/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-15956</link>
			<description><![CDATA[ http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html ]]></description>

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			<author>feeds@yuku.com (Woodporter)</author>
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			<pubDate>Sat, 05 Dec 2009 23:16:46 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/15871/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-15871</link>
			<description><![CDATA[ <strong><font size="4">14 reasons Obama&#39;s love of Wall Street will trigger the Great Depression 2</font></strong>
<br>
<br>
ARROYO GRANDE, Calif. (MarketWatch) -- First: Kiss the rally good-bye, says Jeremy Grantham, legendary CEO of the $101 billion GMO money-management firm.
<br>
<br>
Why? The market is overvalued 25%. A minimum 15% correction is coming in 2010, putting the Dow in the 8,000-9,000 range. The S&amp;P 500? Not at 666 like last
spring; maybe 800. Why a top? Black Friday?... ]]></description>

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			<author>feeds@yuku.com (Dennis Erectus)</author>
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			<pubDate>Tue, 01 Dec 2009 16:48:39 GMT</pubDate>
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			<description><![CDATA[ <h1>Shoppers spent less over Black Friday weekend</h1>

<div class="timestamp">
  Sun Nov 29, 2009 4:53pm EST
</div>

<p>By <a target="_blank" href="http://blogs.reuters.com/search/journalist.php?edition=us&amp;n=nicole.maestri&amp;">Nicole Maestri</a></p>

<p>SAN FRANCISCO (Reuters) - Consumers spent significantly less at the start of the holiday season this weekend, dimming hopes for a retail comeback that would
help propel the economy early in 2010.</p>

<p>While shoppers turned out in... ]]></description>

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			<author>feeds@yuku.com (Dennis Erectus)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/15836</guid>
			<pubDate>Sun, 29 Nov 2009 22:57:09 GMT</pubDate>
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			<title><![CDATA[ Re: Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/reply/15785/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html#reply-15785</link>
			<description><![CDATA[ <h1>Home for the Holidays... and Every Other Day</h1>

<h2>Recession Brings Many Young Adults Back to the Nest</h2>

<p class="byline">By Wendy Wang and Rich Morin, Pew Research Center
<br>
November 24, 2009</p>

<p>The journey home for Thanksgiving won&#39;t be quite so far this year for many young adults. Instead of traveling across country or across town, many grown
sons and daughters will be coming to dinner from their old bedroom down the hall, which now doubles as their recession-era... ]]></description>

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			<author>feeds@yuku.com (Black Blade)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/sreply/15785</guid>
			<pubDate>Wed, 25 Nov 2009 16:53:28 GMT</pubDate>
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			<title><![CDATA[ Global Economic Depression - Global Financial Crisis Watch ]]></title>
			<link>http://peakoilpetroleumandpreciousmetals.yuku.com/topic/5187/t/Global-Economic-Depression-Global-Financial-Crisis-Watch.html</link>
			<description><![CDATA[ <p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><strong><font size="4"><img src="http://images.yuku.com/image/pjpeg/d9e26a41b5a452c31383179b5435b1c77c3df70a.pjpg" alt="image">
<br>
 
<br></font></strong></p>

<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></p>

<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><br>
<img alt="image" src="http://wonkette.com/wp-content/uploads/2008/06/great-depression.jpg">
<br>
<br>
Some have speculated that we were just hours to days from seeing the global... ]]></description>

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			<author>feeds@yuku.com (Dennis Erectus)</author>
			<guid isPermaLink="true">http://peakoilpetroleumandpreciousmetals.yuku.com/topic/5187</guid>
			<pubDate>Fri, 19 Sep 2008 19:40:11 GMT</pubDate>
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