Recovery or Collapse?

With an eye on the approaching dollar crisis, which will wreck the international financial system, the presidents of China, Russia, Brazil, South Africa, and the prime minister of India met last month to discuss forming a new bank that would shield their economies and commerce from mistakes made by Washington and the European Union. The five countries, known as the BRICS, intend to settle their trade with one another in their own currencies and cease relying on the dollar. The fact that Russia, the two Asian giants, and the largest economies in Africa and South America are leaving the dollar’s orbit sends a powerful message of lack of confidence in Washington’s handling of financial matters. 

If you think being "Republican" is a solution, please read the whole text carefully:

Recovery or Collapse? Bet on Collapse |

Start-ups, Chicago style

Forty Chicago technology companies and 250 individuals pay for round-theclock access to common areas and huddle rooms within 25,000 square feet on the 15th floor of a skyscraper across from the Sears Tower. In any given month 300 reps from outside companies pass through for meetings and networking. “Most co-working facilities suck,” says Howerton, 40. “Too many freelancers and not enough growth.” Since opening in January 2007, 157 startups have flourished at TechNexus, including Flowerpetal.com, which sells $8 million worth of flowers each year, and Open Kernel Labs, whose virtualization software powers 1.5 billion wireless devices. TechNexus companies have raised $74 million in capital.


The space is a living diorama of the startup life cycle. The common area attracts one- and two-person companies, while more established companies rent desk space inside the glass-enclosed room just right of the welcome desk.

Full text:  The Rookery - Forbes.com

Get Ready: We’re About To Have Another 2008-Style Crisis

Get Ready: We’re About To Have Another 2008-Style Crisis

The proverbial picture worth 1,000 words, no?

Kevin Hickey, a long shot who fulfilled a neighborhood dream, dies at 56 - PhotoGallery - Chicago Sun-Times

Kevin Hickey, a long shot who fulfilled a neighborhood dream, dies at 56 - PhotoGallery - Chicago Sun-Times

Unbelievable comeback(s) story ---- more than one......

Well laid out minority opinion: Germany will blink and won’t let Greece exit euro - Matthew Lynn's London Eye - MarketWatch

Germany will blink and won’t let Greece exit euro - Matthew Lynn's London Eye - MarketWatch

The Next Bubble?

....today a decision to embark on the pathway to a college degree has enormous financial implications.  

Must read.

 

BBC News - JPMorgan reveals shock $2bn trading loss on investments

BBC News - JPMorgan reveals shock $2bn trading loss on investments

Is an Economic Deluge Nigh?

Feature from Casey Research

Scroll down and see the excerpt from the student essay, and it may tell you everything you need to know about where we are today, and how we got there.....

Change.org

Give a look to this. Some are using it to 'change the world.'

Change.org|The Proven Petition Site