China laps US in efficiency

China laps US in efficiency

A construction crew in the South of China constructed a hotel in less than a week; it was built with all pre-fabricated material. It appears the US is afraid of the new economic heights China is reaching after learning of this impressive achievement. China has now surpassed Japan in economic growth, giving the US economy a run for its money

Gerald Celente: US Economy = Depression

Gerald Celente: US Economy = Depression


Famous investor and billionaire George Soros referred to the US economy as "blah," saying he expects a further slowdown. US President Barack Obama has insisted however that the US economy is heading in the right direction. Gerald Celente, the director of the Trends Research Institute said the economy is not just blah, it's in a depression. It's the summer of the greatest recession," he said.

2 years of economic doom, is the future clearer?

2 years of economic doom, is the future clearer?


As the US marks the second anniversary of Lehman Brothers bankruptcy - the biggest in US history, the economic outlook continues to look grim. RT's Anastasia Churkina looks at what America has been through since the collapse and what could follow next.

US economic outlook 'clouded'

US economic outlook 'clouded'


was exactly 2 years ago today that Lehman Brothers filed for bankruptcy when it could not find a buyer and the US Government would not bail out the company. So, what has changed to ensure that this will never happen again? Unfortunately, the United States financial forecast is still cloudy two years after the collapse of Lehman Brothers.