more signs of the coming apocalypse

The Sandwich of Knowledge… Kinda like the obelisk in 2001.
One might ask, ‘What are some of the signs of the coming apocalypse?’
…An economic meltdown unlike nothing we’ve ever seen before?
A 10 storey asteroid coming within a smidgen of hitting us as on Monday Mar. 2/09?
All of these are plausible contenders…
But the one that I think really [...]

this just in: 90% of all money is created out of thin air

“None are more hopelessly enslaved than those who falsely believe they are free.”
- Johann Wolfgang von Goethe
“Modern Money Mechanics: A Workbook on Bank Reserves and Deposit Expansion” was first written by Dorothy M. Nichols back in 1961 and last revised by Anne Marie L. Gonczy in 1994.
Long out of print, the workbook was designed as a primer [...]

nortel throws money overboard, pleads to excecutives to grab hold for survival

It was 5 years ago, in the New York Times business section, when we read that:
“Shares of Nortel Networks, the biggest maker of telecommunications equipment in North America, plunged 18.5 percent today, after the company said it placed two of its top financial officers on paid leave.“

Today, Nortel is a sad shadow of its former self and [...]