Please Comment, Rate, Subscribe. Please Share! General Theory of Employment, Interest and Money (1936): “Gesell’s main book is written in cool, scientific language; though it is suffused throughout by a more passionate, a more emotional devotion to social justice than some think decent in a scientist. The purpose of the book may be described as the establishment of an anti-Marxian socialism, a reaction against laissez-faire built on theoretical foundations totally unlike those of Marx in being based on an unfettering of competition instead of its abolition . . . I believe that the future will learn more from the spirit of Gesell than from that of Marx. The preface to The Natural Economic Order will indicate to the reader the moral quality of Gesell. The answer to Marxism is, I think, to be found along the lines of this preface.” (p. 355). “The idea behind Gesell’s stamped money is sound.” (p.357). Gustav Landauer, anarchist: Aufruf zum Sozialismus (Berlin, 1919): “Of great value is Silvio Gesell’s proposal to introduce a medium of exchange that does not, as at present, gain in value from year to year, but, on the contrary, loses value progressively, so that anyone who has obtained possession of the medium of exchange has no other interest than to exchange it again as soon as possible for the produce of others. Gesell is one of the very few who have recognised Proudhon’s greatness, and while learning from him, have succeeded in developing his theories along independent lines.”

www.weforum.org 26.01.2008 The Global Economic Outlook 2008 With growing concern about the slowdown in the US and Europe, and overheating in China and India, the economic outlook for 2008 remains uncertain. How might the world economy evolve in the next 12 to 18 months? Lawrence H. Summers, Charles W. Eliot University Professor, Harvard University, USA Dominique Strauss-Kahn, Managing Director, International Monetary Fund (IMF), Washington DC Yoshimi Watanabe, Minister of State for Financial Services and Administrative Reform of Japan Christine Lagarde, Minister of Economy, Finance and Employment of France Palaniappan Chidambaram, Minister of Finance of India John A. Thain, Chief Executive Officer, Merrill Lynch, USA Chaired by Martin Wolf, Associate Editor and Chief Economics Commentator, Financial Times, United Kingdom

The Stench of Truth 203 Job losses have slowed in July, and with the markets climbing many have said this is a sign that we are on the road to recovery. I beg to differ. There will continue to be job losses. What of the millions out of work now and no jobs for them? Add to that the hundreds of thousands more in the coming months and then factor in the end of unemployment benefits. We are in for some trouble down the road. This country has been gutted of our ability to support a huge employment base and I don’t see millions of new jobs suddenly coming into being, at least NOT in this country.

Here is the Info for today update.: FT lead story, folks are not buying US bonds!: www.ft.com Paul Volcker thinks full employment means a higher UNEMPLOYMENT!: www.bloomberg.com G. Celente’s Press release: Green Shoots or Greatest Depression? Kingston, NY, 7 May 2009 — The financial fields replete with sprouting “green shoots” should be viewed with suspicion, if not alarm, warns Gerald Celente, The Trends Research Institute Director. “They are not a mirage, but they are ephemeral.” Field Marshall Ben Bernanke and his Green Shoot Brigade have fertilized the economic landscape with trillions of sweat equity dollars extorted from today’s public and the public of generations to come. Regardless of how depleted the land, heavy doses of dollars spread so thickly over the financial and government territories, will force “green shoots” to grow. But the fundamentals of the economy remain unsound. They will not be corrected by forced fertilizing barren acreage. “‘Green shoots’ may sprout,” said Celente, “but they will not flower. The economy cannot be coerced back into growth with tons of money manure.” As the ancient parable puts it: “A sower went out to sow his seed: and as he sowed, some fell by the way side; and it was trodden down, and the fowls of the air devoured it. And some fell upon a rock; and as soon as it was sprung up, it withered away, because it lacked moisture. And some fell among thorns; and the thorns sprang up with it, and choked it. And other fell on good …

Food Preparation For Economic Collapse 2010

The annual Economic Report of the President was released yesterday and it’s pretty gloomy – predicting slow employment growth this year and next. It basically says that the US economy will add an average of 95000 jobs a month this year, but that’s not enough to make much of a dent in unemployment. The unemployment rate is projected to come down quite slowly after that, averaging 8.2 percent in 2012, when Obama will be up for reelection.

The King Abdullah Economic City will be a multi-stage development with construction beginning on Wednesday, 21 December 2005. This mega project will closely integrate itself into the Kingdom’s on-going drive to expand the economy, create employment opportunities for its youthful population and function as a catalyst to attract foreign investment, global trade, commerce and industry. Based on initial forecasts, the project and its several components will create up to 1 million employment opportunities in the various industries and service-oriented companies that will open in the City. The city plans to open up its first phase, the Industrial Zone, by the second half of 2007. The rest of the city will finish up gradually.