Category Archives: Economy
The Errant Miscalculation of a Generation
Man’s desires are unlimited, as far as we can tell. There’s always an upgrade or deluxe version of the latest doodads to chase after. Some go after them with the stubborn resolve of a donkey going after a dangling carrot. … Continue reading
The Wrath of Ray Kroc
If you’re concerned the economy may be slipping back into a recession…guess what? We’re already in one. At least that’s what Lakshman Achuthan, Co-Founder & Chief Operations Officer of Economic Cycle Research Institute (ECRI), told Bloomberg TV on Tuesday. “What … Continue reading
Rigging the Price of Money on a Grand Scale
Some people earn their money by honest means. Others do so at the expense of one another. If you borrowed money from a bank between 2005 and 2009 to buy a house or car, to pay for school, or if … Continue reading
Money Games
After much anticipation and hoopla, Fed Chairman Bernanke made his post FOMC meeting utterances on Wednesday. In short: No QE3, for now. More Operation Twist. Markets didn’t know what to make of it. Initially they rose on the announcement. The … Continue reading
