Mr. Greenspan defended his legacy. He was right 70% of the time, he said. The other 30% of the time he was wrong.
April 12th, 2010 | Bill Bonner | 1 comment | ContinuedAll Posts Tagged With: "Congressmen"
Bubble Era Economic Model Worked Until Consumers Ran Out of Money
The consumers can’t really go back to borrowing, can they? Nope. Not without digging themselves deeper in the hole…or actually earning more money.
April 6th, 2010 | Bill Bonner | 0 comments | Continued
Americans Aren’t Borrowing Or Buying
This is the story we’ve been telling here at The Daily Reckoning for two years. Americans have to cut back. They are out of time and out of money.
October 13th, 2009 | Bill Bonner | 1 comment | Continued
