By Ambrose Evans-Pritchard

LONDON, England - August 25, 2010 - The Swiss franc has surged to an all-time high against the euro on capital flight from the eurozone after Irish, Greek, and Portuguese bonds came under renewed fire.

WASHINGTON (PNN) - August 25, 2010 - The economic Depression continues as companies cut back last month on their investments in equipment and machines and Amerikans bought new homes at the weakest pace in decades.

Overall orders for big-ticket manufactured goods increased 0.3% in July, the Commerce Department said Wednesday. But that was only because of a 76% jump in demand for commercial aircraft.

WASHINGTON - August 25, 2010 - It's starting to feel like another Great Depression. Businesses are ordering fewer goods. Home sales are the slowest in decades. Jobs are scarce, and unemployment claims are rising. Perhaps most worrisome, manufacturing activity, which had been one of the economy's few bright spots, is faltering.

"The odds of a double-dip are rising and uncomfortably high," said Mark Zandi, chief economist at Moody's Analytics, referring to the possibility that the nation will tip further into Depression. "Nothing else can go wrong. There is no cushion left."