ECB: “YOU WANT MONEY?”“HERE’S A TON OF IT…”
Euro-Area Banks Tap ECB for Record Amount By Gabi Thesing, from Bloomberg The number of financial institutions flocking to the European Central Bank’s three-year loans soared to 800 and borrowing...
View ArticleCHINA’S HOLDINGS OF TREASURIES DROP FOR FIRST TIME!
GRAPH–CHINA’S HOLDINGS OF U.S. TREASURIES China’s Holdings of Treasuries Decline for First Time By Cordell Eddings and Daniel Kruger, from Bloomberg China, the largest foreign...
View ArticleGOLD AS AN INVESTMENT
The price of gold in recent years has been soaring, and many people who know nothing about investing are buying gold, primarily out of fear that the future will bring surprising shocks for the value of...
View ArticleMONETIZING DEBT
You do not have to be a genius to know that if you owe $1000.00 at year one, and then make the purchasing power of the $1000.00 only $500.00 at year two, you have made half of your debt disappear....
View ArticleJAPAN–ON ITS WAY DOWN
Three Reasons Japan’s Economic Pain Is Getting Worse From Bloomberg, by Jared Diamond Japan’s economic problems are serious and getting worse. Foremost among them is the crushing burden of government...
View ArticleEUROPE — UNABLE TO DECIDE — FUTURE DIM
“Ambivalence” is a condition that is uniquely human. Wanting two conflicting goals and unable to act decisively is common amongst humans, both young and old; and especially, amongst groups. We see this...
View ArticleGREECE CAN STEAL AS MUCH AS IT CAN GET!
GREECE CAN STEAL AS MUCH AS IT CAN GET! by Sanford Pinna, M.D. Copyright 2012 The charade in Greece is becoming an incredibly funny farce. Across the world the unwitting public believes that if...
View ArticleTHE GREEK ADDICTION TO BORROWING
It is well known amongst doctors: Anyone can become addicted to anything. One can become addicted to a loving spouse who does everything, and that is considered healthy. One can also become addicted to...
View ArticleHARVARD PROFESSOR: INVEST IN U.S.! IT’S THE BEST PLACE!
Rogoff Sees World Wishing It’s America Year After S&P Downgrade By Rich Miller, Inyoung Hwang and Charles Mead, from BLOOMBERG Global investors can’t get enough American securities a year after...
View ArticleEDUCATION IS UNAFFORDABLE IN A SLAVE STATE
Cost of College Degree in U.S. Soars 12 Fold: Chart of the Day By Michelle Jamrisko and Ilan Kolet, from BLOOMBERG The cost of obtaining a university education in the U.S. has soared 12 fold over the...
View Article
