Tag Archives: weak

Nouriel Roubini the Worst is Yet to Come

Dr. Doom, Nouriel Roubini says the worst is yet to come.

The economic shock from the fall of European economies like Greece, Portugal or Italy leaving the Eurozone would be much larger than from the disorderly collapse of Lehman Brothers in their Fall of 2008.

If a Euro crisis unfolds, global growth would slow down and trade would shrink, with emerging markets also adversely effected by the fiscal train wreck.

“ Well, you know, I’m putting most of my money into cash. A sophisticated high net worth individual all 100% into cash. This is not the time to be in risky assets.” – Dr. Doom Nouriel Roubini

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Filed under Abundance Wealth, Corruption, Debt, deficit, derivatives, Disasters, Financial Crisis, Investing, Investment, Investor, Money, News, Rich Man Poor Man, wealth

under Obama NASA’s Foremost Mission reach out to Muslim World

In a stunning announcement, NASA Administrator Charles Bolden says Obama’s foremost mission for NASA is to find a way to reach out to the Muslim World and to help them to Feel Good about their historic contribution to science, math and engineering.[01:24 to 01:39] in video

This is NASA  – the National Aeronautics and Space Administration – we are talking about, for heavens sake. One would think it would be front-page headline news for AP, Reuters, New York Times, Washington Post, USA Today etc. NO.

And forget about that – under Obama, Space has been removed from NASA’s program and the foremost mission [job 1] altered to Obama’s own vision of helping the Muslim world feel good – being covered on the mainstream televised news broadcasts of ABC, CBS, or NBC.

According to the current NASA administrator, it’s expensive to fly to space and we’re going to rely more on our international partners.

So what twisted logic is it – to not focus the space program on research and development, Earth’s collapsing thermosphere, asteroids and near-Earth objects or solar flares – than instead having Job 1, helping Muslims feel good, I ask?

And is it just me or does the NASA administrator have no eyebrows and bumps instead? If Hollywood needs a space alien for an upcoming movie, this guy would be a perfect fit for the role as an actor.

Incredibly, at 08:15 to 08:32 Charles Bolden went on to say ” We have become NASA focused. We have become NASA centric. And we do things for NASA’s interest. I don’t share that feeling … that’s not good if people think that we fly missions to support NASA and the things we do. ” 

18:35 “Fear is very important.” [19:00] ” We know that there are Solar Flares and they occur randomly ” [19:17] ” We know that there’s going to be a violent solar flare at some point in the future. ” [20:44]  ” We could have another Ice Age and instead of the extinction of dinosaurs, it would be the extinction of you and me… but I have no evidence. ” – Charles Bolden

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