Home > Business/Markets, US News > ‘2011 Solar Storms Could Plunge US Into Great Depression’

‘2011 Solar Storms Could Plunge US Into Great Depression’


Terrence Aym Salem-News.com

The last massive cycle that occurred in 1859 brought catastrophe and caused telegraph lines around the US to burst into flames.

(CHICAGO) – With the US economy still tottering and the European economy in shambles, some economists are predicting a double-dip recession in early 2011.

Few economists, however, are predicting a collapse into another ‘Great Depression’ such as that experienced by the US during the late 19th Century and the 1930s.

One economist—Paul Krugman—does warn of an extended severe downturn, though, and paints a picture that is more than bleak.

Yet no economists have taken the sun into their economic forecasts.

The sun? Yes, the sun.

The activity of the sun not only drives the weather, but to a great extent also drives the world’s economy: Farming, fishing, horticulture, solar industries, even the chemical industry and animal husbandry depend on a quiet, predictable sun.

Full Article

BACK to margotbworldnews.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: