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Worst Recession In 100 Years - starting NOW!

Mish's Global Economic Trend Analysis: Worst Recession In 100 Years:
comments by Ed Ball,
"Ed Balls, the PM's closest ally, warns that downturn is ferocious and says impact will last 15 years.In an extraordinary admission about the severity of the economic downturn, Ed Balls even predicted that its effects would still be felt 15 years from now. The Schools Secretary's comments carry added weight because he is a former chief economic adviser to the Treasury and regarded as one of the Prime Ministers's closest allies...."

"The minister stunned his audience at a Labour conference in Yorkshire by forecasting that times could be tougher than in the depression of the 1930s, when male unemployment in some cities reached 70 per cent. He also appeared to hint that the recession could play into the hands of the far right.

'The economy is going to define our politics in this region and in Britain in the next year, the next five years, the next 10 and even the next 15 years,' Mr Balls said. 'These are seismic events that are going to change the political landscape. I think this is a financial crisis more extreme and more serious than that of the 1930s, and we all remember how the politics of that era were shaped by the economy.'"

So make your energy and life style plans to survive for the next 15 years............ or so. Going Green can be a 15 to 20 year investment. Now is the time to get going with it! by Norton.


Courtesy of Martin's Capital http://www.martincapital.com/chart-pgs/Ch_sales.htm

20 Reuse Ideas for Common Household Products

Low Tech Fixes, don't wait for Washington DC to save money and energy!

• 
  Medicine Cabinet MacGyver - Don't toss that old toothbrush or lipstick; they're tools
  Strip Paint from Hardware - Clean paint-encrusted fixtures using an old crock pot
• 10 Uses for Aluminum Foil - Make a refill funnel, sharpen scissors, radiate heat, more
  
• Cleaning with Condiments - 5 nontoxic cleaners you can find right in your pantry
  Split Logs Safely - Build a steady holder with two old automobile tires
  
• 10 Uses for Car Wax - Use the high-shine, scratch-filler on nonporous home surfaces too
  Remedy Ice Dams - Expedite melting on your roof with help from panty hose
  
• Unstick Furniture Drawers - How a candle stick can get you to your socks faster
  
• 10 Uses for Coffee Filters - Use the lint-free sheets for windows, rust prevention, more
  Use Bathwater for Plants -3 graywater retrofits to shrink your water bill
  
• 10 Uses for Tennis Balls - Erase scuff marks, remove a broken lightbulb, open jars, more
  

Let banks fail, says Nobel economist Joseph Stiglitz - Telegraph

Let banks fail, says Nobel economist Joseph Stiglitz - Telegraph: "Mr Stiglitz's radical proposal is a 'Chapter 11' scheme for households to allow them to bring their debts under control without having to go into bankruptcy. 'Families matter just as much as firms. The US government can borrow at 1pc so why can't it lend directly to poor people for mortgages at 4pc. ,' he said"