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Dollar Doomed? Obama Inauguration, Treasury Demand Lending Data

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Uploaded by on Jan 20, 2009

Dollar is "Absolutely Doomed"
http://www.cnbc.com/id/15840232?video=1005419227&play=1

Sanyo Axes 1,200 Jobs and Lowers Guidance
http://uk.news.yahoo.com/7/20090120/ttc-sanyo-axes-1-200-jobs-and-lowers-gui-...

Signs of credit market thaw begin to emerge
http://www.msnbc.msn.com/id/28691801/

The 10 best U.S. cities to find a job in 2009
http://www.msnbc.msn.com/id/28566447/

EU sees recession being deep and long-lasting
http://www.msnbc.msn.com/id/28735459/

Treasury Demands Banks With TARP Funds Report Lending Activit
http://www.bloomberg.com/apps/news?pid=20601087&sid=auklVwYcgEG0&refe...

RBS Will Be First Guinea Pig for Creeping Nationalization
http://www.bloomberg.com/apps/news?pid=20601087&sid=aLtny16knr.s&refe...

Asian Stocks, U.S. Futures Fall as Recession Concern Deepens
http://www.bloomberg.com/apps/news?pid=20601087&sid=aLII6zifhk3Y&refe...

UBS May Cut 2,000 Jobs, Announce More Writedowns, Guardian Says
http://www.bloomberg.com/apps/news?pid=20601085&sid=ag1jnmLyl.uU&refe...

TTM Closes Plant and Cuts Jobs
http://uk.news.yahoo.com/7/20090120/ttc-ttm-closes-plant-and-cuts-jobs-78e70a...

Forecast calls for loss of 20,100 area jobs
http://www.kansascity.com/news/local/story/990264.html

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Uploader Comments (DEMCAD)

  • I just want to say that I apperciate your hard work in doing these videos that you do for us here on Youtube ! I am sure that you spend a tremendous amount of your free time researching your information. I watch ever video that you do and I enjoy your work very much ! Thanks from North Carolina !!!

  • Thanks for watching.

  • The solution is very simple. break up the banks and give the money to people that did things right.

    But NOOOOOO it goes to the people that fucked up in the first place.

  • lol...plenty much.

  • Thanks for the post Dem! The Bush/Clinton era is over. Obama is not as well connected as the Bush/Clintons were. Obama is on his own, from here on out! Obama's 15 minutes of fame is OVER.

    I predict the DOW will go under 8000 points, by the end of this week

  • I'll remember that. You said DOW under 8,000.

Top Comments

  • Ah it is done... Now this guy is president and thoughts on his actions can be taken.

    I wont lie that I prefered McCain who seemed to me a more straightforward man but as a second thought,a president dedicaced to bring change is much better. In four years, not much would have changed, proving that the US cant be changed.Without a president of this kind, there would have been people to hide behind a possible change. With this guy in office and change proven impossible, truth will have to be faced

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All Comments (54)

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  • The wars are nothing. These fail-outs have surpassed their cost 9 times over.

  • The panic we are continuing to see since Sept 08 is still with us. The inauguration was a comfort to many. But reality hit again 1/21/09. That said, low confidence will usher in a depression in 2009.

  • Coupled economies are still on so when the U.S economy slows down the rest of world slows even more. Remember we are consumers. So, the dollar relative to the other markets is up. Don't forget that the value for dollar assets in deflationary times all up as are treasuries. Also, slow economy means that the demand for commodities and factory orders down. The issues were also systemic to finance and credit and only now trickle into the real economy which does worry people esp. sales, manufacture.

  • No expert here either but using simple logic -if it took them a year to officially announce that we're in a recession, how long will it take them to announce that we're in a depression? All I know is - food prices are going up and many jobs are being lost daily along with confidence.

    In my opinion it's going to get much worse before it gets better, so learn to conserve everything you can and help others. Even a kind word to someone in despair will help. Maybe kindness is our greatest asset.

  • I noticed another mistake in marketing: it is the second time I watched concerns being voiced on this channel:"I am worried about me, my family, my friends, people who live around me on this tiny island"

    A good marketing move would be to include "... and you, my beloved viewers"

    Should work wonders to grow more popularity.

  • Gerald Celente says that we are in the first stages of a Depression.

  • u seem sad, dem. I hope the recession isnt getting you down.

    --

    This is definately not your typical recession. However, I think its still premature to say we are in a depression.

    I think if we dont show significant recovery by fall 09, we can assume the worst!-But thats just my opinion.

  • TheRedPriestofVenice,your right ! people will suffer but how they live their lifestyle aka MARTERIALISM !! well atleast people will have to wake up

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