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Big crooks go for the billions
As economies age, more and more people 'stop productive working.' That is, they get some special privilege, some inside point of view, some conniving advantage. The latest numbers, for example, tell that almost... Pointless risk taking by Governments
Angela Merkel. Alone among the world leaders, seems to have kept her head: “The crisis did not come about because we issued too little money but because we created economic growth with too much money, and it was... Big Ben is no Hero
The media do believe us the newest hero is Ben Bernanke. Probably their mind and many others come from another planet. And were not on Earth when Big Ben acted in the past. He became popular as the Helicopter Ben*... 136 views | 24 recommendations | 8 comments
Consumer Retrenchment Cause for Deflation
First and foremost is the dramatic switch by consumers from a 25-year borrowing and spending binge to a saving spree that should extend a decade or more. In the 1980s and 1990s, consumers regarded their soaring... Could Hyperinflation Happen?
Theoretically, yes. Hyperinflation is a scary thought. Technical definitions vary, but while it could be argued that mild inflation can be a sign of a growing economy, hyperinflation is certainly never a good... Europe’s Banks next Global Worry
Europe's banking system is in far worse shape than the US system. The losses may be bigger, and their capital to meet those losses definitely is insufficient. Europe's banks have been much more aggressive in... Money Is Not All
It is possible for a coloured man to be elected President of the US. But not all things are possible. So it still isn’t possible to get rich by spending money. Nor is it possible to save people from too much debt... 173 views | 52 recommendations | 7 comments
Obama's First 100 Days
There is much to be doneand it will take time andnot everything will getdone but it is importantto get started now."The economyThe experts at CNN Money lay out six issues that require President Obama's... Bigshots say DUMP U.S Dollars and Gov’t bonds
" Singapore Bigshot says DUMP U.S Dollars and Gov’t bonds Jim Rogers, chairman of Singapore- based Rogers Holdings, said investors should be “worried” about the U.S. dollar, and recommended selling government bonds.“If I were you, I would be worried about the U.S....
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