The author of that article is using old 1990s thinking to project into the future. What he fails to notice is that the next generation will be...
I once had a conversation with a friend of mine. He asked rhetorically why should a saver be punished for the irresponsible actions of someone...
If the US defaults, or effectively defaults through hyperinflation (and I am not arguing the probability of these outcomes) then all bets are off....
I wonder if there is a connection with this story and the recent US/Chinese naval "incidents" recently in the South China Sea. Jawboning and...
Yup, it's those damn Marxists and lefties in the Media that are "manipulating" people into stuffing their mattresses. Let's see......
So, leading up to and during the Great Depression how many jobs were worthless service sector/paper pushing/wealth redistribution jobs, and how...
Dead on. I have been saying that for a long time. I can't believe that corporate elites and economists are not aware of the correlation...
Other than supply and demand, home values are influenced by three other things. 1. Incomes 2. Interest Rates 3. The quality of mortgages...
They won't be back for a very long time. This isn't a recession - but the end of leverage as we know and use it. The entire economy (as well...
And 90% of homes are not in foreclosure!!!!!!!!! yippee!!! BUY BUY BUY!!!! What a crock.
The elites - and I'm talking the mega rich types - are the ones that will sacrifice the upper middle class and the "kinda" rich to keep the...
You really believe that?
"smartest minds in the world?" Aren't they the ones that blew up the financial world? This rally is a head fake - sell into it. The...
Never underestimate the power of denial - especially from those most vested in the status quo - the elites. They would rather gamble with...
If this materializes, it will become a program meant to deal with the coming depression. Kids delivering food and medicine to the masses...
Mercor: Retail sales tanked in Sept. and killed the market. The worst thing that can happen now is the consumer gets scared and stops spending....
Old news already debunked. Factcheck.org handled this and many other things regarding BOTH candidates - it's actually a pretty good site:...
Sure, people that mop floors, pick up trash, mow lawns, stock shelves at stores, take your order at fast food restaurants - working 10+ hour days...
To a large extent, the capitalistic system has ended already. Nothing to predict there. A Wall Street banker walks down the street and buys a...
There is somewhat of a precedent. At the end of WWI - all the allies defaulted on the debt owed to the US - all execept Sweden I believe. Anyone...
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