Archive - Dec 17, 2010 - Blog entry
Idols of the unaware
Submitted by Michael Victory on 12/17/2010 20:04 -0500The average person underestimates the possibility of a disaster and its effects. They believe since something has never happened before it never will.
Extreme Inequality Helped Cause Both the Great Depression and the Current Economic Crisis
Submitted by George Washington on 12/17/2010 17:29 -0500I'm all for capitalism, but Banana Republic level inequality is killing us ...
IRS – Heck of a Job!
Submitted by Bruce Krasting on 12/17/2010 15:41 -0500And they have monster computers...........
Gold's Unstoppable Rise
Submitted by Expected Returns on 12/17/2010 14:32 -0500The fundamentals behind the gold trade are generally understood on a very superficial level. $3000 gold will have very little to do with inflation. It will have little to do with the economy being "bad"- we have had recessions with collapsing gold prices. In many ways we are talking about something far more menacing. We are talking about capital running for cover. We are talking about unprecedented skepticism towards government. We are talking about the long overdue self-destruction of a system that magnifies the folly of man.
Why Unemployment Will Remain High For Years (Parts I and II)
Submitted by Econophile on 12/17/2010 14:22 -0500There are 26.2 unemployed or underemployed workers in America today. And the labor participation rate (percentage of employed to total workforce) has gone backwards for the past 10 years. There are forces that continue to discourage job growth and will hinder economic growth for years. Apparently your government hates workers because it is doing everything is can to discourage job growth.
WHeRe WeRe You WHeN ZeRo HeDGe WeNT ouT?
Submitted by williambanzai7 on 12/17/2010 13:43 -0500A night to remember...
Market Reaches Two Year High, Will Data Hold an Intervention?
Submitted by MoneyMcbags on 12/17/2010 13:13 -0500The market was up yesterday as PIMCO is set to get their equity on, Fed Ex plans to deliver a fuckload...
The First Stage of Inflation Has Already Hit, Next Up Is the Currency Collapse
Submitted by Phoenix Capital Research on 12/17/2010 12:43 -0500One of the biggest misconceptions about inflation is that the US Dollar needs to collapse in order for inflation to occur. While a currency collapse often accompanies periods of heightened inflation, this is not necessarily true.
As If On Cue After My Step By Step Illustration Of A Spanish Default, Spanish Yields Climb at Auction As Pressure Continues
Submitted by Reggie Middleton on 12/17/2010 11:25 -0500The cascade of restructurings are approaching exactly as I have forecast. Not 48 hours after I warned of Spain's impending problems, ratings agency have (rather tardily) moved to downgrade them.
Reggie Middleton Takes The Challenge To Goldman Sach’s Apple Proclamation One Step Farther, Apple’s Closed System Risks Failure!
Submitted by Reggie Middleton on 12/17/2010 11:22 -0500Reggie Middleton vs Goldman Sachs' marketing department for investment banking, brokerage and trading (otherwise known as their sell side analysts), round 4. Who has been the most accurate in the past?
Showdown at Kananaskis?
Submitted by Leo Kolivakis on 12/17/2010 08:12 -0500There is going to be a showdown next week at Kananaskis...
