Posts Tagged ‘economy’
economic collapse! vallejo, ca.
vallejo is a town already in trouble. it had to claim bankruptcy in 2008(+/-) when the first wave of the economic collapse hit. in this video i show you a vacant ford dealreship, a stalled out luxery condo project, a brand new vacant sattellite campus of solano community college(not sure what the deal is here – you be the judge). also… lost of people just standing around with nothing to do. Prepare now while you can. turn fiat currency into durable goods. buy a gun and plenty of ammunition.
please leave any comments or suggestions.
Duration : 0:9:19
General Motors to File For Bankruptcy Protection – Bloomberg
Exclusive Coverage – According to People Familiar, GM’s Chapter 11 Filing Date Set for June 1st; Reaction with (Bloomberg News)
Duration : 0:3:46
In-Depth Look – Chrysler For Bankruptcy – Bloomberg
A discussion with Richard Tilton of Covenant Review with the legal implication of a Chapter 11 filing after the administration says that Chrysler will proceed with bankruptcy filing. (Bloomberg News)
Duration : 0:5:26
Japan Airlines Corp.’s filing for bankruptcy protection
JAL – Japan Airlines Corp.’s files for bankruptcy protection
15,000 more people will have their lives turned upside down as legacy carriers are struggling to survive a global slide in air travel.
Cost of travel will go up, perhaps airline travel will become the domain of the rich and privileged. Security costs, higher fuel costs, carbon tax and airport improvement fees will be reflected on the price we pay for our airline tickets.
The whole thing sucks.
We do not need all the extra security measures, we are all forced to pay because of the actions of a few. Think about how many passengers flew from the time of the shoe bomber to the underwear bomber. One incident, unsuccessful with one perp and now we all pay.
Airports that are more like theaters and museums rather than functional places we can go and board a flight, we pay the price.
An a final insult might come when carriers and airports are bailed out, but now air travel is to costly for ordinary people so we all pay for the elite and wealthy to continue flying. Wall Street part two, up…up.. and away.
Duration : 0:6:34
Global Economic Trends: The Credit Crunch
George Soros, Chairman, Soros Fund Management LLC; Author, The New Paradigm for Financial Markets: The Credit Crash of 2008 and What It Means Presider: Sebastian Mallaby, Deputy Director of Studies, Director of the Maurice R. Greenberg Center for Geoeconomic Studies, and Paul A. Volcker Senior Fellow for International Economics, Council on Foreign Relations (May 7, 2008 at the Council on Foreign Relations)
Duration : 1:2:51
