Tag Archives: collapse
The United States Can’t Afford Prosperity
Earlier this week it was revealed that something remarkable and totally unexpected happened during the fourth quarter of 2012. The economy didn’t grow. It shrank. “Real gross domestic product – the output of goods and services produced by labor and … Continue reading
When Not to Buy Stocks
The stock market’s really going for it. The S&P 500’s just a scratch from its October 9, 2007, all-time high of 1,565. Is it time to pop the champagne bottle and celebrate? We’ll let you decide. But do you recall … Continue reading
“We Know Better!”
Monetary intervention into credit markets is much easier to start than to stop. In fact, once started, monetary intervention is nearly impossible to stop. Just ask Fed Chairman, Ben Bernanke. He’s promised to expand the Fed’s balance sheet by over … Continue reading
Welcome to Life After the End of the World
“It’s important to rescue the frog.” – Al Gore Jr., Nobel Prize Laureate. The Great Conmen of Our Day Known unknowns are commonly unsettling. People pay good money for the comfort of a favorable prediction, particularly when it’s from someone … Continue reading