Archive - Dec 31, 2009 - Blog entry

Oh what a year 2009 was...

Will we stand up in 2010, or keep bending over?

For all of those who feel China is going to take over the free world, just remember that when you blow a bubble (particularly a balance sheet bubble) it is bound to pop. The damage from the pop invariably does more harm than the boost from the bubble. It has always been the case, particularly when leverage is involved - which makes the impact that much more devastating. If anybody can attest to this, it should be us Americans (British, Spanish, Irish, those from Dubai, Japanese...).

We need another six Saudi Arabias, and now!The $10 trillion price tag for Decarbonization

2009 was a game changer, a year that will have profound long-term impacts on our future. These changes are generational. Here are the top 10 economic events of 2009. Understand them well because they will change your future and the future of your children and grandchildren. It won't be good change.

In support of Huffington Post's call for people to move our money from the giant banks to small banks and credit unions, here are ways to locate credit unions and assess their safety ...