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Don't Panic! OECD Says things will only get worse!

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Uploaded by on Jun 25, 2009

Jun 25, 2009 - recorded 8:00 EDT

UK to sink further into red than any major country, warns OECD:
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5621678/UK-t...

UK has 'biggest' hole in finances:
http://www.thisismoney.co.uk/news/article.html?in_article_id=487859&in_pa...

Government debt: Thatll be £2.2 trillion, please:
http://www.telegraph.co.uk/finance/economics/5627352/Government-debt-Thatll-b...

Port jobs at risk as rates row escalates:
http://www.telegraph.co.uk/finance/newsbysector/transport/5615244/Port-jobs-a...

Latest Schultz Shock: a 'bank holiday':
http://www.marketwatch.com/story/schultz-paints-bleak-picture-of-future

China's overdue credit-card debt increases:
http://www.marketwatch.com/story/chinese-increasingly-overdue-on-credit-cards

Carney: Canada's downturn has become as deep as that in U.S.:
http://www.financialpost.com/news-sectors/story.html?id=1726964

World Bank snuffs economic rebound:
http://www.financialpost.com/most-popular/story.html?id=1721990

FDIC Press Releases: 3 more banks went as of Friday, to bring the total to 40 this year...
http://www.fdic.gov/news/news/press/2009/index.html

Banks rush to rescue of credit card trusts:
http://www.ft.com/cms/s/0/a600eed0-60f9-11de-aa12-00144feabdc0.html

Clinton Cards buys 196 Birthdays stores:
http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/art...

Clinton Cards buys back Birthdays:
http://www.google.com/hostednews/ukpress/article/ALeqM5hSdZGB1znCFj_6JS94_aDw...

You Are The Resistance!!!
http://www.youtube.com/watch?v=pTtsrpmHdgE

Geriatric Gang Kidnaps and Tortures Financial Adviser:
http://weinterrupt.com/2009/06/geriatric-gang-kidnaps-and-tortures-financial-...

Pensioners 'kidnap and torture' financial adviser:
http://www.telegraph.co.uk/news/worldnews/europe/germany/5612006/Pensioners-k...

Onion Video: US To Trade Gold Reserves For Cash Through Cash4Gold.com
http://www.youtube.com/watch?v=6JPcimrnXGA

Gold standard on last leg?:
http://news.google.com/newspapers?id=hsYPAAAAIBAJ&sjid=KI0DAAAAIBAJ&p...

Gold Standard:
http://www.econlib.org/library/Enc/GoldStandard.html

Peace and Love

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Top Comments

  • We have criminals running huge organizations; gov'ts, corporations, research institutes, religious orgs, even the UN is utterly corrupt- and the prisons are filled to the brim. It's lawlessness. Too many who believe the ends they seek for themselves justify any means.

  • Personally, I think the US takes it for nation most in the red hands down if it passes cap and trade into law and nationalizes health care. At some point though, all the minus digits become meaningless: you have no money, you owe everything you have, and there is no way in hell you're ever going to pay it back.

    The news media is simply doing as it's told to keep the people placated with dreams of sugar plums and recovery dancing through their heads, while all the signs point to something else.

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All Comments (120)

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  • @joe80dman yes we are always saving their ass..............

  • Interesting watching these videos. That OECD forecast for the UK deficit, for example, was a tad wrong. The UK deficit is now 10.2 per cent, or about 152 billion pounds - that's a drop of over 30 billion pounds. Amazing what a little bit of growth in the economy can do.

  • This is such an awesome and touching video i almost cried...i love you, you should make a ton more videos

  • If you gave your money to a financial advisor, invested in a 401K, or financed a house in the last 30 years, you're an idiot. Don't blame other people for your mistakes. These people couldn't invest and couldn't pull off something as simple as a kidnapping. Now that they're in jail, they may finally realize they're idiots. I'm an american and can confirm, if the television or an "expert" tells an american that the dollar is backed by gold, they will believe it.

  • Have you heard that 19 state's may have to issue IOUs and shutdown services? { /watch?v=DspwOJP9YeA }.

  • Very valid points !

  • Tell the UK not to worry. The American taxpayer will be obligated to bail them out, too. Just wait until the Bill gets voted on on the Senate floor. It will pass with overwhelming numbers!

  • You ran and blocked me when

    I said the bible states Adam was created 4004 Bc (Which is what the fiuundies agree)

    You just denied this fact

    I asked if you believed the ark story

    You didnt even bother to try and defned it!

  • Yes sir! They're are also way to many corrupt elitists who believe the ends they are seeking, they will actually accomplish, yet in some respect, their efforts must continue in order for all to be carried out accordingly with the great end result. Your comment is so true, and its so sad how many don't know this, and even sadder to know how many do and don't do anything about it, some even try and disprove it, which is almost beyond my comprehension. God bless and keep up the sincere efforts!

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