Some of the greatest economic shifts in history are associated with big political swings, if not with politicians by name. Think of Hooverism, Roosevelt’s New Deal, Reaganism or British Thatcherism. But those are just labels. Things are not as simple as they imply.

Since the days of Alan Greenspan, the Fed has been so petrified of a slowdown it has practically killed the value and stability of the dollar, says Adrian Ash in Whiskey and Gunpowder.

But by keeping interest rates below the rate of inflation for three straight years starting in 2002, the Fed created a bubble in the housing market. That bubble has now popped, leaving in its wake a severe liquidity crisis.

Now big banks won’t lend without the backing of government bonds, and the Fed continues to inflate money supply. All good news for gold, says Adrian…

Is your money safe if your bank goes belly up? The Federal Desposit Insurance Corporation (FDIC) insures you in case the worst should happen… but only up to $100,000. So, what happens if your account exceeds this limit? The Sovereign Society’s Erika Nolan says she has discovered “a masterful solution to protect your savings” even if your personal or business account is worth up to $50 million. More from Erika…

The two ways to play a correction…bargains, or traps for the unwary? The Butch and Sundance of the financial markets…the clumsy, backwards-walking economy. The whole world is slowing down…another farcical chapter in the history of the War on Terror…and more!

So Alan Greenspan - former chairman of the Federal Reserve - thinks this equals the Great Crash, if not out-bads it.