From the category archives:

bonds

The entire world officially owes itself more money than it can produce in the form of equity assets.  Of course, the calculation might be meaningless, since the numbers are an aggregate of the nations involved, and it doesn’t make sense to imagine the world not being able to pay itself back.
But it’s still a thought-provoking [...]

{ 1 comment }

According to news reported by Amanda Lang on BNN’s SqueezePlay yesterday, Barack Obama says there are more bank failures to come. (He’s speaking of US bank failures, of course…)
Kevin O’Leary also said that the US bank deleveraging is going to continue for the next 2-5 years.  This means it’s going to take quite some time [...]

{ 0 comments }

Can anyone find any logical flaws with any of Schiff’s arguments?  Not only is Schiff really smart, but his whole perspective and attitude seem really quite authentic and decent to me.  I mean, he tells it like it is.  That’s how Obama used to sound to me.  But now I don’t know so much about [...]

{ 0 comments }

We thought the sub-prime housing bubble was bad, but recent signs are pointing to the next big bad bubble: long 30-yr US Treasuries.  People are buying these treasuries like gangbusters right now if they’re buying anything at all, because at least you can get a 3% safe return on them, and they’re completely liquid.
But as [...]

{ 0 comments }