Financial Collapse Jim Willie 10-7-2010

Jim Willie interview with Miningstiocktalk.com 10-7-2010

Goldman predicts economy failing

Goldman Sachs says the US economy is going to be "fairly bad" with little growth or "very bad" going into recession. It's what a lot of people in the financial community have been saying for the last 6 months, so why are their comments making such a splash in the media, and what motives do they have in saying this now?

Mark Mobius : Deep correction quite possible before year-end

Global markets have been okay for the last few sessions but as we head towards the next expected round of quantitative easing there is a lot of debate building up on the West on what the quantum will beM-^Wwhether the size will be enough and whether it's desirable and will have the desired effect in the first place.

Unemployment to Rise?

A look ahead of tomorrow's jobs report.

Eurozone Crisis is Building: Spain downgraded; Irish bank needs bailout

Sept. 30 (Bloomberg) -- George Magnus, senior economic advisor at UBS AG, discusses Europe's sovereign debt crisis. Spain's top credit rating was cut one level today by Moody's Investors Service to Aa1 from Aaa with a stable outlook. Magnus speaks with Deirdre Bolton on Bloomberg Television's "InsideTrack."