Pronk Pops Show 75, May 30, 2012: Segment 1: The Coming World Recession: U.S. and Europe Enter A Recession As Growth Rates in Plummet–Gloom and Doom–Videos

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Pronk Pops Show 75: May 30, 2012 

Pronk Pops Show 74: May 21, 2012

Pronk Pops Show 73: May 9, 2012

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Pronk Pops Show 71: April 25, 2012

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Pronk Pops Show 75, May 30, 2012: Segment 1: The Coming World Recession: U.S. and Europe Enter A Recession As Growth Rates in Plummet–Gloom and Doom–Videos

CNBC:Global Recession? Marc Faber: 100%

THE DEPRESSION IS ABOUT TO BEGIN

Global Recession Looms as Euro Crisis Deepens

Peak Oil Global recession means drop in oil prices

IMMINENT AMERICAN DEPRESSION: Peter Schiff – We Aren’t That Far Behind Greece?!

Is talk of a “Grexit” the Smoke Screen for a Global Economic Meltdown?

Marc Faber: 100% Chance of Global Recession

By: Lee Brodie

“…Faber indicated that while investors remain focused on Greece and Europe – other issues, bigger issues are looming. And they’re more threatening.

“As an observer of markets – whenever everyone focuses on one thing – like Greece and Europe – maybe they miss issues that are far more important – such as a meaningful slowdown in India and China.”

The latest reports from Beijing would support Faber’s assertion. The HSBC Flash Purchasing Managers Index, slipped to 48.7 in May from 49.3 in April. That marks the seventh straight month that the index has been below 50, a level which indicates economic activity is contracting.

Faber also cited weakness in the high-end as another key catalyst that’s very negative.

“There are more and more stocks that are breaking down – economic sensitive stocks and companies that cater to the high-end,” he said. “That suggests to me the economy is likely to weaken and the huge asset run is likely to come to an end with significant asset deflation.”

http://www.cnbc.com/id/47566735

Background Articles and Videos

PBS Frontline – Money Power and Wallstreet part 1 of 4 (2012)

PBS Frontline – Money Power and Wallstreet part 2 of 4 (2012)

PBS Frontline – Money Power and Wallstreet part 3 of 4 (2012)

PBS Frontline – Money, Power and Wallstreet part 4 of 4 (2012)

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