When a debtor is out of money, he has no ability to repay. And when a creditor has borrowers who are out of money, the creditor has no income. No earnings. No power to make better loans.
September 17th, 2009 | Bill Jenkins | 3 comments | ContinuedAll Posts Tagged With: "bailout"
Should You Buy Gold Now?
The Trade of the Decade is still buy gold/sell stocks. And the decade isn’t over. If you have US stocks, this is a good time to sell. The Dow went up 63 points yesterday – a weak bounce after several days of losses.
September 7th, 2009 | Bill Bonner | 0 comments | Continued
Investors in China Have Learned Nothing From the Crash of ‘07-’08
With no barriers to entry, profit margins are always squeezed by competition. And growth is limited too – other builders are always starting up. If the investor paid 40 times earnings, he can only get 2.5% on his money…
July 31st, 2009 | Bill Bonner | 0 comments | Continued
Any Money That You Don’t Earn is Stimulus
Those whom the gods would destroy are first granted stimulus. When a man wins the lottery, for example, it has a stimulating effect on everyone around him. He usually spends the money quickly – often even before he gets it.
July 27th, 2009 | Bill Bonner | 3 comments | Continued
Austerity is Missing from the Financial Bailout Debate
Within the billions of sentences about the financial bailout there is one word notably absent, austerity. All talk is of payments, supports, subsidies, incurring more debt, stimulus packages.
July 3rd, 2009 | Juan Enriquez | 1 comment | Continued
The Economy is Getting Worse Not Better
Even at the time, it was obvious that the hacks in the administration had no idea what was going on. They were just guessing about the economy and taking advantage of the situation to pass out more money that taxpayers hadn’t even earned yet.
July 3rd, 2009 | Bill Bonner | 2 comments | Continued
Two Schools of Thought on the Bailout
There are two major schools of thought on the bailout: The first of which believe that the banks are still in trouble and need to be nationalized.
June 23rd, 2009 | Bill Bonner | 0 comments | Continued
DMCC and their Precious Metals Vault
Because from that distant desert kingdom comes word that the Dubai Multi Commodities Centre (DMCC) has finished building a state-of-the-art precious metals vault, with world-class tracking and security systems.
May 28th, 2009 | Byron King | 0 comments | Continued
If the US Economy is Really Following Japan Things Will Get a Lot Worse
Internally, the Japanese are still not big spenders. The population is not only aging…it’s shrinking. That’s not happening in the United States. Thanks largely to its immigrants and Hispanics, the US population is expanding. But this new population is not the same as the old one.
May 22nd, 2009 | Bill Bonner | 2 comments | Continued
When Will Gold Take Off?
Although gold’s had a good run, rising from a monthly average of $760.86/oz in November 2008 to $943.16/oz in February 2009, when will it take off? That’s still going to happen, right?
April 8th, 2009 | Jeff Clark | 0 comments | Continued