First Step: Watch this video on Canadian Healthcare Did you watch the video? I would embed it so you can watch it here, but it seems that due to technological limitations (or decisions) that isn’t going to happen. And no I’ve decided against figuring out how to circumvent such actions. So, click the link already. [...]
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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 [...]
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If my emotional barometer is any indication of where people’s minds are at the moment then I can only label it as coming down or recovering from a major hangover. It is the Sunday afternoon after a big night out sipping on your bloody mary to ease the pain. We have been living on credit and tons [...]
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27 Oct, 2008
Posted by: gauntlett In: Economy
This is a very pertinant watch if you are interested in the similarities of today to the 1929 crash. I keep looking at the charts and percentage changes from prior to 1929 till today. So, far we have almost retraced on the Dow 100% since the October 2002 low. If we cross that level of [...]
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 [...]
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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 [...]
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 [...]
Okay, here is a very interesting sermon about Debt. Regardless of your stance on religion this is an interesting watch.
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