February 2, 2011 · 3 comments
in G20, bailout, banks, bubble, capitalism, central banks, debt, deficits, economy, forecasts, future, government, indicators, international economy, market reports, money supply, preparedness, risk, sovereign debt, stimulus, wealth protection, world order
The DOW is back above 12,000 for the first time since June 2008 – kind of weird to imagine, isn’t it? Does all feel right again in the world? Back in June 2008 the markets buzzing full of bullish energy. The U.S. housing sector tore it all apart, and the Ben Bernank huffed and puffed [...]
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January 18, 2011 · 8 comments
in FOMC, Federal Reserve, Niall Ferguson, QE, US Treasury, US debt, US economy, USD, bubble, capitalism, collapse, currencies, debt, deficits, emergencies, forecasts, future, indicators, inflation, infrastructure, risk, sovereign debt, spending, theories, world order, world reserve currency
So, like many people, maybe you’re sick of the so-called “doom and gloom” crowd – that’s too bad. Because reality doesn’t depend on fashion and it isn’t going to wait for you to agree with it before basic cause and effect takes hold and serves you up a dish you don’t like.
Niall Ferguson is different [...]
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November 30, 2010 · 1 comment
in 2010, Federal Reserve, US Treasury, US economy, banks, capitalism, central banks, economy, forecasts, government, market reports, media, news and updates, theories, world order
Rumor now has it that Wikileaks’ next leak will be the bust of a major American bank. The exciting question, perhaps, is less what the details might be (we’ve basically seen it all over the past two years, if we’ve been paying attention) than what bank Wikileaks will bust.
Julian Assange, the creator of Wikileaks, did [...]
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November 17, 2010 · 3 comments
in 2010, bailout, bankruptcy, business, capitalism, debt, earnings, economy, forecasts, government, infrastructure
Calls have been coming for a while to halt Saturday delivery by the US Postal Service (USPS) in order to cut back on costs, but this hasn’t stopped the USPS from raising pay checks in the meantime (and employee compensation has been estimated to be about 80% of their costs).
Yet just this past Friday, the [...]
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November 15, 2010 · 4 comments
in DIY, bubble, capitalism, central banks, collapse, consumers, debt, decisions, depression, discipline, diversification, economy, emergencies, emergency fund, financial planning, forecasts, inflation, international economy, money management, preparedness, risk, survival, sustainability, wealth protection
The fact of the matter is that at the end of the day not even the economists fully foresee or even understand (let alone agree on what they do understand) the full implications and progression of the state of the current world financial system.
Another fact is obvious: the global financial system is so interconnected and [...]
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September 25, 2010 · 3 comments
in US economy, bubble, capitalism, collapse, entertainment, films, market reports, money lessons, money mistakes, recession
Gordon Gekko turns from bull*hitter to born-again permabear and back again in Oliver Stone’s latest Wall Street: Money Never Sleeps (2010), a film with as many mixed messages as the S&P over the past year.
The plot of the entire film is driven by the ups and downs of the market – a mix of unpredictable [...]
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August 26, 2010 · 2 comments
in ADRs, Australia, Canadian, M&A, S&P/TSX, agriculture, business, capitalism, commodities, financial education, international economy, market reports, news and updates, potash, resources, stocks, terminology
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If you’re a Canadian investor or you follow the commodities market, you’ve heard of BHP Billiton’s hostile takeover proposal for Saskatchewan’s Potash Corporation of Canada (TSX: POT) last week.
BHP Billiton proposed a buyout of Potash at a price of just $130/share. A price significantly lower than the June 2008 highs above $200/share that we saw [...]
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