Financial Vagabond

Posts Tagged ‘bankrupt

24 Oct, 2008

Purgatory….

Posted by: gauntlett In: Bailout|Federal Reserve|Finance|United States Dollar

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 [...]

“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 [...]

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

$1,000,000,000,000.00

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. [...]



  • kerz: haeh heh! excellent. too late though! and it is a canard to pretend the republicans are deeply concerned. the rot is bipartisan.
  • kerz: Like your comment. 2 sources of income: taxes and "quant easing" HA HA. so true.Imagine, a 3rd world country is liberalizing, while US having
  • kerz: haeh heh! excellent. too late though! and it is a canard to pretend the republicans are deeply concerned. the rot is bipartisan.

About

The name is Trevor Gauntlett... I tend to like to question everything and don't like to take things at face value. There is always an alternative story to everything. My focus is the economy and finance with a desire for personal liberties and rights.

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  • Iphone 3Gs shipping directly from Shenzhen, China. 2009-06-15
  • Is in Taipei, Taiwan! 2009-04-19
  • $2 Trillion Dollar deficit? WTF??? well I'm not suprised, but really come on guys and gals have you ever looked at history 2009-03-20
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