Archive - 2010 - Blog entry
December 17th
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...
December 16th
Financial Analyst: This Is The First Recession Since the End of the FIRST World War Where Government Help Isn't Trickling Down to the American People
Submitted by George Washington on 12/16/2010 18:05 -0500Other than that, everything is great ...
Motivational Speakers - Belgium Style
Submitted by Chris Pavese on 12/16/2010 16:43 -0500Six months after the general election, Belgium still has no new government. Flemish nationalist Bart De Wever, head of the country’s largest party, wants to split Belgium into two states. In an interview that has caused a scandal in his country, he told SPIEGEL why the nation has “no future.” SPIEGEL explains:
Interest Rate Wealth Transfer
Submitted by bmoreland on 12/16/2010 15:28 -0500Low interest rates cost savers billions and quietly provide a stealth bailout to banks.
Should Hank Paulson Be In Jail?
Submitted by George Washington on 12/16/2010 15:27 -0500Who can list illegal things done by Hank Paulson? Bueller? Anyone?
UNDReSSiNG UBS...
Submitted by williambanzai7 on 12/16/2010 14:22 -0500Starts with a D-ends with an E...
