Why is the biggest story of the day? Because Ben Bernanke is a well-intentioned arsonist. Bernanke inherited an American and global economy built on an upside down pyramid of debt, with a very small asset base. When the entire edifice began to collapse in 2007, the Fed Chairman was slow to react.
August 26th, 2009 | Dan Denning | 1 comment | ContinuedAll Posts Tagged With: "Costco"
Giant Costco Opens in Melbourne!
Mind you, we don’t have any problem with lower prices. There’s a bit of snobbery about American attitudes toward Wal-Mart and other giant retailers like Costco. After all, isn’t it a good thing when a large part of the population can reduce the amount of money it spends on basic food and necessities?
August 18th, 2009 | Dan Denning | 11 comments | Continued