NEW YORK (Reuters) – The U.S. economy will not recover until the end of this year, and even then growth will remain meek and vulnerable to higher interest rates and commodity prices, economist Nouriel Roubini said on Tuesday. Roubini, who rose to prominence for predicting the global credit crisis, tore down the “green shoots” theory that a rebound is imminent,
Read moreJune 8, 2009. Note: Bankruptcy filings are apt to exceed the 2005 number eventually, given data like Jobs Contract 17th Straight Month; Unemployment Rate Soars to 9.4%. The USA Today is reporting Bankruptcy filings rise to 6,000 a day as job losses take toll. Last month commercial bankruptcy filings hit 376 a day, up from 255 in May 2008. Hartmarx,
Read moreThis prediction was originally posted on my website http://www.williamstickevers.com on March 1, 2009. Economy: Global The economic model of globalization that was established by the transnational corporate groups during the mid-sixties (Uranus/Pluto conjunction) and dominated most of the planet during the past 40 years is in its last death throes and will be replaced starting in 2010 with a progressive
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WILLIAM STICKEVERS 