Give disaster a chance! The stock market is weak. Oil and other commodity prices are falling. The dollar is rising. You know what? The real problem with the financial meltdown of 2007 through 2009 was that there wasn’t enough of it. What about this economic recovery we keep hearing about? There is no recovery. But, [...]
The Door is Closing
August 30, 2011 By Leave a Comment
Time is running out for the spend and borrow policies of the U.S. government. The federal government has more than $15 trillion in admitted debts. Those debts, when calculated using Generally Accepted Accounting Principles (GAAP), or “honest accounting”, are over $70 trillion. $70 trillion divided by approximately 300 million Americans works out to $233,000 per [...]
Is it 2007 All Over Again?
August 24, 2011 By Leave a Comment
Today looks eerily similar to what was going on in 2007 and early 2008. Then, as now, the vast majority of economic and stock market indicators have been flashing warning signs for months. And then, as now, the stock market ignored them for a seemingly endless time. That may be changing. Nearly all markets, except [...]
Is History Repeating Itself?
August 8, 2011 By 1 Comment
In the 15th century, China was home to the highest standard of living in the world. This was China during the Ming Dynasty. Places like Sichuan had reached the pinnacle of civilization at the time with modern infrastructure, robust economies, international trade and a prosperous middle class. On the other side of the globe, Europeans [...]
When a Cut is Not a Cut
August 5, 2011 By Leave a Comment
Another insightful, truthful article from Ron Paul. One might think that the recent drama over the debt ceiling involves one side wanting to increase or maintain spending with the other side wanting to drastically cut spending, but that is far from the truth. In spite of the rhetoric being thrown around, the real debate is [...]
