… is exactly where the market was back in March when the S&P 500 hit 666. Everyone thought the world was coming unhinged, and well it was and still is. However, not everything comes tumbling down instantly.
With every play there are acts, and at some point the climax. Without the climax how can we have [...]
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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 [...]
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Fox News did a ten minute interview with Ron Paul and actually gave him the time to clearly state what is going on. If the anchors were actually listening I don’t know, and frankly they need to. The present situation is dire and people are only barely starting to take it seriously. Given that Bernake [...]
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In an article from the Chicago Tribune
“We have lost control,” said Hale, quoting Bernanke. “We cannot stabilize the dollar. We cannot control commodity prices.”
Hale is an economist who had a private meeting with Ben Bernanke several months ago. Now, we are finally feeling the full effect of the loss of control.
I really hope that many [...]
