The world may be heading for its worst recession in a quarter of a century — if it’s lucky.

A steep slump looks likely as the credit squeeze crunches economies from the U.S. to Singapore… Continue reading

On the brink of the cold-weather months, more than 56,000 natural-gas customers in the Chicago area remain disconnected for lack of payment. That’s up 36% from last year, putting pressure on utilities and local officials… Continue reading

Private investment advisor Martin Hennecke warned this morning that the endless printing of money to bail out collapsing banks would lead to hyperinflation and the Zimbabwe-style destruction of the… Continue reading

We are now entering the financial End Time. Bailout “Plan A” (buy the junk mortgages) has failed, “Plan B” (buy ersatz stocks in the banks to recapitalize them without wiping out current mismanagers) is… Continue reading

Since 9/11, the notion of an October surprise has been around. The idea going something like this. Another real or manufactured terror attack. The dominant media stokes fear. The public is again traumatized. The Bush… Continue reading