The Decade From Hell

Despite the time of year and despite a natural human propensity toward optimism, there is little to be optimistic about on the political and economic front. Indeed, our worst times lie ahead.

Paul B. Farrell discusses our decade from hell. No, it is not the period 2000 – 2009, it is the decade we have barely begun. According to Farrell, the worst is yet to come.

Our decade from hell will get worse in 2012

By Paul B. Farrell, MarketWatch

SAN LUIS OBISPO, Calif. (MarketWatch) — Fasten your seat belts: 2011 was far worse than expected. Our earlier predictions for America’s Worst Decade just got worse.

As financial historian Niall Ferguson writes in Newsweek: “Double-Dip Depression … We forget that the Great Depression was like a soccer match, there were two halves.” The 1929 crash kicked off the first half. But what “made the depression truly ‘great’ …began with the European banking crisis of 1931.” Sound familiar?

Lumps of Coal for mutual funds

Commodity Futures Trading Corp, Invesco Technology Sector, Aston Value are among companies Chuck Jaffe has singled out to give his Lumps of Coal awards.

Yes, huge warnings: But America’s deaf. In denial. When we predicted the 2011-2020 “decade from hell” we didn’t see the big macro events dead ahead: Arab Spring virus that’s now Occupy Wall Street, promising to explode into an even more powerful force in 2012 … war on the middle class … widening inequality gap. … Washington gridlock … the Super Rich’s blind resistance to all new taxes.