Bonds, bonds, bonds… United States Government bonds ARE the safest investment in the world besides cash. Right? They are aren’t they? I mean they are backed by the taxing power of the United States Government so they have to be. Well, sure you will get your money back at a measly 2.x% these days. Isn’t [...]
Tags:
collapse,
Commodities,
currency,
Debt,
foreigners,
Fortune,
gold,
government,
incentives,
incomes,
inflation,
interest,
Investing,
investors,
market,
money,
recession,
remember,
shorting,
stocks,
treasuries
Hold your hats folks as here are some of the forecasts for 2009 (link): GDP falling by 2.2% Slow recovery in 2010 > 9% unemployment by 2010 Decline in inflation (hmmmm… if monetary policy says anything this will reverse or at least eventually destroy the dollar) Continued decline in housing prices Decline in real consumption [...]
Tags:
banking,
bloomberg,
budget,
Commodities,
Credit,
currency,
Debt,
deficit,
economy,
fed,
foreigners,
GDP,
incomes,
inflation,
losses,
market,
money,
ramifications,
real,
recession,
trillion,
unemployment
Christmas is past, New Years on the horizon, hope for change lingers in the air like a slow moving mist. 2008 will go down in the history books. Oh it was memorable, but like a lemon is bitter. Collapse oh what collapse the economy is fine. Bush reassured us that the fundamental of the economy [...]
Tags:
bankruptcy,
buzzword,
champagne,
clouds,
collapse,
Commodities,
eye of the hurricane,
follies,
future generations,
history books,
oil exporting countries,
option arms,
preparedness kit,
retail inventory,
wager
Will someone please explain why those who take undue risks get the most support? I’m not behind on my mortgage payment, I pay my bills on time yet I’m not getting any governmental support. Troubled Homeowners: article To qualify, borrowers would have to be at least three months behind on their home loans and would [...]
Ever watched a sci-fi movie where the crew goes into stasis while they travel from one end of the galaxy to the other? Ever contemplated Purgatory where heaven and hell meet? I feel as though this is a period of semi-consciousness awaiting judgement… Last night I was catching up on some news online when I [...]
Tags:
banking,
bankrupt,
Credit,
currency,
Debt,
gold,
hyper inflation,
Investing,
market,
money,
real,
recession
As I write this the Nikkei is down 580.52 points to 7,880.36. All of Asia is down across the board. A sea of red you might say. It will be interesting to see what happens with the European markets once they open. I imagine if Asia is down so will be Europe. None of [...]
Tags:
bad day,
black monday,
bloomberg,
consolidation phase,
daily basis,
dollar declines,
economic contraction,
entire system,
european markets,
investors business daily,
market swings,
nikkei,
paychecks,
recent article,
recession,
slowdown,
smoke screen,
standstill,
toy factory
The theory was beautiful (well in the abstract)… Give troubled banks more credit and they will lend it out and the economy will stop its free-fall. Now, that sounds like utopia to me. Create credit and we will all be saved for unemployement, slowing production, decreased consumer spending, and rising interest rates. HOLD ON… let’s [...]
Tags:
assets,
Bailout,
banking,
consequences,
Credit,
Debt,
economy,
fed,
government,
interest,
money,
paulson,
Plan,
Politics,
real,
recession,
unemployment
It seems that the tune to march to these days is credit o credit we need more credit. Somehow somewhere we forgot quite quickly that credit got us into this mess. If credit is expanding much faster than real economic growth the outcome will be instability in the economy. That is like an individual taking [...]
Tags:
About,
assets,
Bailout,
bernake,
Credit,
currency,
Debt,
economy,
gold,
government,
incentives,
incomes,
inflation,
Investing,
market,
money,
outcome,
real,
silver,
trillion,
unemployment
I agree that we are probably going to see a continued decline in commodity prices especially PMs. However, given the increases in the monetary supply I forsee this trend reversing. When the trend reverses, which isn’t going to happen immediately because we are headed towards a major recession, with unemployment rising, and more likely interest rates as well, inflation [...]
Tags:
banking,
currency,
fiat,
gold,
government,
hyper inflation,
Investing,
money,
recession,
scenarios,
silver,
speculators,
unemployment
13 Oct, 2008
Posted by: gauntlett In: Bailout
If I had to place a bet on who would win… The major banks or the taxpayer… The BANKS win!! Hooray the institution is saved! Round after round of talks end in someone getting bailed out or should I say supported or prevented from failing so the whole economy doesn’t come tumbling down. The markets seems to be happy [...]
