Economic Growth is Unsustainable

One thing has become clear with this financial crisis, trees don’t grow into heaven in other words any growth has its limitation. The question arises whether economic growth the so-called GDP increases year on...

Recovery Impossible

The G20 in Pittsburgh will extensively talk about the durable economic recovery that is on its way, however much more work needs to be carried out specifically on European banks if the EU is to avoid years of...

Obama Sin Laden On the Road to Destruction

Obama Sin Laden not to confuse with Osama Bin Laden. Sin is Spanish for without and Laden is German for Shop. On the road to Destruction there won’t be any profitable Shop left, as meanwhile thousands of...

Big Ben’s Mistakes

As soon as Bernanke starts his helicopter engines, bond buyers get out their guns; the Chinese - the biggest single customer for US debt - have warned that they will shoot him down. What can Bernanke do? He is...

Bad Decisions have to be Corrected

"The continuous injection of additional amounts of money at points of the economic system where it creates a temporary demand, which must cease when the increase of money stops or slows down, together with the...

Obama’s Great Depression

The US government has been recklessly borrowing and spending for too long. But President Obama has accelerated this recklessness to breathtaking levels.The U.S. is rapidly approaching its crisis point a...

Quick action needed to avoid "Great Depression 2.0"

With each passing day the economic crisis in the United States grows more complicated, the bailout plan gets more expensive, and fears that the U.S. may be facing a Great Depression 2.0 start to build.  The...