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The Advantage of Gold
The unemployment rate in the US rose to 10.2% in October, which was its highest rate since April 1983, according to figures from the US Labor Department. It rose from September's figure of 9.8%. The economy lost... GDP Fraud
The government released GDP figures showing rosy 3.5% growth in the third quarter. But don’t be fooled: the books were cooked. This time by the cash for clunkers boondoggle, the first time homebuyers tax credit,... Payday Loan New Rules Nov 1, 2009 For BC, Canada
New rules for payday loan companies take effect in British Columbia on November 1, 2009. A payday loan is usually less than $1500 borrowed for up to 62 days,and it is unsecured debt. The borrower is usually asked to provide a postdated cheque or a preauthorized debit form... China on Course Catching Japanese Disease
Hugh Askew wrote me a message with a request to write something sensible to the story published in the Financial Time from yesterday. “China is heading for a Japan-style bubble”“If China continues to... 170 views | 23 recommendations | 14 comments
Roubini's Bad News Explained
Roy C. sent me the following message: “Roubini's bad news. Could you translate some of the harder stuff into something comprehensible?”Lets try to make it better understandable:The United States is up to its... Economies Will Change:
Rebalancing the world’s economies won't happen overnight, that will take far more time.A Headline in The New York Times says: "Americans stop buying; trade deficit declines" "For the first eight months of the... What will the US Dollar do?
Ben Bernanke the chairman of the Fed, said in a speech at the National Economists Club in Washington, in November 2002:“Like gold, U.S. dollars have value only to the extent that they are strictly limited in... Is Active Monetary Intervention Necessary?
Friedman's "solution for reducing the prospect for active intervention as well as the margin of human error was to propose the establishment of monetary rules instead of monetary authorities," explains Vox Day the... Market Fundamentals are Wrong
The market is overpriced, the only thing driving the present rally is hot money created out of thin air by the Fed's money-printing policies.Hot money can flood into assets quickly - pushing the market up 60% since... Why Rent When You Can Buy?
In some metropolitan areas the price of rent is higher than buying a house. Take a look in some of these areas and invest your money buying the house of your dreams. "Home prices have dropped so much that the cost to own and maintain a house in many metros is only a bit more,... Too Big to Fail
There is an old saying that if you owe the bank $1,000 that’s your problem, but if you owe the bank $1 million that’s their problem. Similarly it worked for the Wall Street giants. A year after the crash,... G20 "not legitimate," say Swiss officials
The Swiss are finding themselves on the outside looking in now that they have agreed to be more transparant and worked out a tax agreement with the US and they are not happy. "G20 "not legitimate," say Swiss... 10 Dos and Donts for Running Your Business in a Tight Economy
Normal 0 MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt... VENTURE CAPITAL IS ABOUT INVESTING
By: Roman Kikta
If we open any newspaper, we are sure to find yet another epitaph for the financial, automotive and a various other industries. Granted, these are some of the toughest times our industry has endured, yet we should not lose sight of the big picture: our world... TEA Party! Wright County MN - Massive County Financial Cover up?
"TO CUT TO THE CHASE, THE POINT OF THIS STORY IS THAT YOU NEED TO WRITE YOUR COUNTY AND CITY OFFICIALS AND ASK THEM ABOUT PAYROLL AND BENEFITS INFORMATION FOR THE LAST 5 YEARS. They apparently have something to... 521 views | 3 recommendations | 2 comments
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