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National Intel Report/ Sun Setting On USA

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National Intel Report/ Sun Setting On USA

Unread postby deMolay » Fri 21 Nov 2008, 06:48:51

"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: National Intel Report/ Sun Setting On USA

Unread postby bratticus » Fri 21 Nov 2008, 08:53:46

The idea that World Peak Oil is just a US thing is so far off the mark.
$this->bbcode_second_pass_quote('', '[')u]China warns jobs outlook 'grim' as economy slows

By CHRISTOPHER BODEEN – November 20, 2008
Associated Press

BEIJING (AP) — Chinese officials warned Thursday that the country faces a "grim" employment outlook with demand for workers falling and job seekers in the cities outnumbering new jobs by two-to-one as the economy slows. ...

$this->bbcode_second_pass_quote('', '[')u]Medvedev: Crisis Hitting Real Economy

Moscow Times» Issue 4034 » Business
19 November 2008

President Dmitry Medvedev said Tuesday that the global financial crisis has spread to the real economy and that the many sectors in need of state aid will get it.

"Today, it is clear that the crisis is spreading, unfortunately from the financial sector into the sectors of the real economy," Medvedev said, acknowledging for the first time that the crisis previously described as global is spreading into the heart of the Russian economy.

"Every industry is affected in its own way. It is impossible to say that one among them is sitting pretty and will not get state money," he said.

OK, maybe there are a few islands of prosperity left...

$this->bbcode_second_pass_quote('', '[')u]Dubai Defies Slump as Minogue Joins $20 Million Party
By Ayesha Daya

Nov. 21 (Bloomberg) -- Dubai defied the economic crisis last night as stars flocked to South African billionaire Sol Kerzner's Atlantis resort for a $20 million party that included the world's largest fireworks display dazzling enough to be seen from space and a performance by pop singer Kylie Minogue. ...
But it's a last hurrah for the Sin City of the Middle East as oil prices in free fall will bite them in the *** eventually.
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Re: National Intel Report/ Sun Setting On USA

Unread postby mattduke » Fri 21 Nov 2008, 08:58:12

How many gazillions did they get paid to tell us that? Probably never occurs to them that if they weren't wasting gazillions in their government jobs it would not be true.
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