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Common Ground Independent Media


Marketwatch today: 12 stormy-market survival tips investors can glean from Noah’s Ark

Posted By: FrancisDrake
Date: Saturday, 13-December-2014 07:24:40

In Response To: re-post and EXODUS update: FILM 'NOAH' OPENS ON SAME DAY IN MAYACAL AS 'POSEIDON ADVENTURE' AND WORST FLOODING DISASTER (FrancisDrake)


By Paul B. Farrell

Published: Dec 13, 2014 12:04 a.m. ET

Warning signs abound so start planning for the next Great Flood

Merry Christmas? No, just same ol’ happy-talkin’ Scrooges pushing the same ol’ tired message — spend, spend, spend, run up our holiday retail numbers.

But I’ll bet your gut’s filled with dark storm warnings ... crashing oil stocks threaten recovery, growth ... China, EU, developing markets stalling ... trading, commodities, exports falling ... corporate profits mask low-skill jobs ... wages flattening ... interest rates, inflation too low ... as the middle class keeps losing, superrich capitalists lobby for bigger perks ... maybe economist Robert Gordon’s dismal forecast is right, America may already be collapsing into a 1% GDP by 2100.

Happy New Years? No, don’t count on it ... all this is coming on top of America’s hard-right changing-of-the-guard ... the victorious GOP is taking command of the ship ... and they’re unconsciously threatening economic growth with their partisan dogma designed to undermine everything done by the president the past six years — health care, immigration, minority voting and women’s rights — while now aggressively undermining all climate initiatives with uncompromising science-denial plans guaranteed to further frustrate Main Street voters and sabotage America’s weak economic recovery....

>snip>

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