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Economic Collapse

Obama Wins, Stocks Plummit

November 7, 2012

In the day after Obama won re-election to a second term as President, stocks lost 2.4% of their value.  In the Dow’s worst day of the year, it dropped 312.95 points to 12,932.73.  It is, I think, an accurate depiction of what type of economic situation a second Obama term will bring us.  I hope [...]

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The 2011 Economy

January 3, 2011

On this first business day of the new year, economic analysts are putting forth their own predictions for the economic situation that will unfold in 2011.  The flailing economy has been one of the major stories for the past two years, and one of the major reasons for the Republican electoral landslide this past November.  [...]

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The Coming Depression

May 13, 2010

Longtime readers of Axis of Right know that I’ve contended for a while that the worst of the economic crisis of 2008-2009 is ahead of us, not behind us.  The massive amount of money infused into our economic system over the last two years, the coming insolvency of entitlements such as Medicare and Social Security [...]

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