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
“The best therapeutic move for long-term investors is to turn off your TV so as not to get caught up in all of the sensational headlines. The stock market has been and will continue to be the best source for wealth creation over the long-term.” –Patrick J O’Hare, Briefing.com I love hearing that the stock [...]
Tags:
banking,
bankrupt,
crash,
Credit,
economy,
grim reality,
hurricane,
Investing,
investment banks,
investors,
laborer,
local news,
making landfall,
market,
money,
money flow,
natives,
news radio,
pockets,
prey,
sensational headlines,
ships,
sidelines,
stock market,
stocks,
term investors,
trickle,
wealth creation
I was originally going to write a post about how we always hear about the “New World Economy” prior to any boom / bust period. This time I think the rules have finally changed as the United States is losing if it hasn’t already lost its status as the number one superpower, we are now [...]
10 Apr, 2008
Posted by: gauntlett In: News
A trillion dollars is for most of us an unfathomable amount of money. However, it seems that the IMF sees that large of a write down due to the unfolding credit crisis. For a more detailed account of what happened check out the book: I haven’t personally read it, but it is on its way. [...]