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11.02.2009, 01:33

US Senate passes rescue plan, tough battle ahead

The U.S. Democratic-controlled Senate has passed an economic recovery plan proposed by President Barack Obama. $US 838 billion have been earmarked to help America's ailing economy.

thisismyproject.files.wordpress.com 10.02.2009, 09:49

Workers suffer under deepening economic crisis in Ukraine

The economic crisis in Ukraine is escalating, and while the government is pointing fingers at each other, social unrest is growing as people lose their jobs or remain unpaid for months.

09.02.2009, 20:29

Helping kids cope with the recession

The economic crisis has hit not only the finances of Russia’s parents but also the psychological wellbeing of their offspring. Counselors say recessions can affect children emotionally.

09.02.2009, 09:14

Obama warns of economic catastrophe

Barack Obama is struggling to win the support of a divided Congress for his economic recovery package. He says if lawmakers fail to approve the plan, America will plummet into economic catastrophe.

10.02.2009, 23:54

Plenty of Seoul: Korean mayor upbeat, despite economy

Seoul mayor Oh Se-hoon spoke with RT on the impact of the global economic crisis and his plans to develop the Korean capital into a world-class destination.

30.03.2009, 20:53

“In economic matters words are important”

It is important that world leaders project an air of confidence at the G20 summit because this will influence industrial and consumer confidence, says Hampton Stephens, editor-in-chief of the World Politics Review.

08.12.2009, 21:36

"Russia has huge role to play in the world"

Russia has a large role to play in peacebuilding and there are a lot of areas where Russia can make a major contribution, United Nations Assistant Secretary General Bruce Jenks told RT.

23.06.2009, 10:39 14 comments

Is Obama a Wall Street project?

Webster Tarpley, journalist, radio host and critic of the Obama administration, reveals to RT who he thinks really rules the United States.

08.04.2009, 21:04 4 comments

Americans wondering: Is this Socialism yet?

Following a decadent decade of market deregulation, fat executive paychecks (golden parachutes included) and blatant corruption, capitalism is now forced to go begging for handouts. Is this socialism?

13.11.2009, 22:38 4 comments

Pembroke: the most broke town in Obama’s home state

There’s broke and then there’s Pembroke (Illinois, that is). Located in the northern county of Kankakee, the township of Pembroke is now suffering a crushing 46% unemployment rate.

‘We’ll see worst U.S. economic collapse ever’

Published: 11 February, 2009, 04:47
Edited: 30 March, 2010, 08:49


A trader at the New York Stock Exchange (AFP Photo / Timothy A. Clary)

In 2009 we’re going to see the worst economic collapse ever, the ‘Greatest Depression’, says Gerald Celente, U.S. trend forecaster.

 
1 COMMENT
Stephen Malinchock March 30, 2010, 02:28 quote
0

The man may be off on his timing of these things , but what he is saying is right on . The U.S. will see a economic disaster that will make the Great Depression look like childs play . This economic collapse will not only take place here but also throughout the world. The man's statements are right on and I believe these things are taking place and will quickly escalate between 2010 & 2012. The hand writing on the wall is already being written and the worst part of the story is yet to be told.

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