The classic description was "angry kitchen appliances" The SUVs were pretty good. The dumbest people on the road are driving Pontiac Grand Ams.
They prolong the inevitable but make the end result worse.
They are cutting back already. Next year we will have to sell 3x the number of Treasuries than we ever have before in a year. Wake up and...
The same way they make money by selling TIPS. They get to calculate what inflation is. This is a backdoor tax.
The USG has sold $700B in Treasuries this year and was aided by fear and a flight to safety to be able to do so without Asian buyers. It needs...
They are going to have to sell trillions in Treasury bonds to pay for the bailouts. The Asians aren't buying them any more. You figure it out.
So hide it well.
There are a lot of CDSs out there involving GM.
That is a heck of a lot of money for a college athletic program to owe.
I have long suspected that Buffett is CIA or other government, and that his competitive advantage resides at Langley or Ft. Meade. Now that he...
-What if McCain had associations with right-wing domestic terrorists? Would the press accuse Obama of racism for pointing it out? -Biden was...
Don't distract us with business fundamentals! The spoils go to the politically connected.
There should be a proportionate vote to taxes paid. If you pay nothing, you shouldn't be able to vote. Didn't Clinton promise a middle class...
http://www.opensecrets.org/pres08/sectorall.php?cycle=2008
If the plan is to use coordinated seignorage among the major currencies to manage the bailout, they are going to need to keep the price of PMs...
Your 401(k) will.
Obviously they need to keep manipulating the price of gold down as well to pull this off.
This rings true. For example, the Taliban had virtually eliminated poppy cultivation in Afghanistan in early 2001, now it is back to record...
"There doesnât seem to be any reason for this increase in margin. The most benign one is that the banks became overly worried that their prime...
What about the BOJ and the carry trade. That had a lot to do with the bubble.
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