But that’s not all. It could be that this period will correct the whole, extraordinary surge in Anglo-Saxon power that began in the 17th century.
March 25th, 2010 | Bill Bonner | 11 comments | ContinuedAll Posts Tagged With: "depression"
Feds Think They Can Improve the Economy by Buying Things Nobody Wants
Reading more closely, we don’t see much reason for the Fed’s optimism. And apparently, neither does the Fed. It is leaving its monetary stimulus program in place for an “extended period.”
March 19th, 2010 | Bill Bonner | 0 comments | Continued
Industrial Towns Make Products that Bring Wealth into a Community
There are many towns and cities that are losing population…losing key industries…and probably on the verge of extinction.
March 5th, 2010 | Bill Bonner | 6 comments | Continued
How Does an Economy Expand When the Banks are Lending Less Money?
We believe the “expansion” reported in the GDP figures is mostly counterfeit. It’s government spending and hot money filtering into the economy.
March 4th, 2010 | Bill Bonner | 0 comments | Continued
Depression: Where Mistakes are Recognized and Corrected
You see, dear reader, we do not believe in the perfectibility of man and his institutions. Instead, we see material progress. Man’s machines and inventions get better. But man himself?
March 3rd, 2010 | Bill Bonner | 6 comments | Continued
How Do You Enjoy a Depression?
How do you enjoy a depression? Well, the first thing is to make sure you’re not in its way…
March 1st, 2010 | Bill Bonner | 3 comments | Continued
Depression: A Time of Falling Prices
First, there is a real economic phenomenon going on – the depression. It’s alive and well…and doing just fine. Households are de-leveraging. Businesses are building up cash.
February 26th, 2010 | Bill Bonner | 0 comments | Continued
US Economy Still in a Deflationary Contraction
Most people think the economy will muddle through somehow…thanks to all those geniuses working at the Department of the Treasury and the Fed.
February 25th, 2010 | Bill Bonner | 0 comments | Continued
The Sovereign Debt Disaster
The problem is not just the current debt levels of these nations, because the deficits in all the countries are rising. Tax revenues are collapsing at the same time…
February 24th, 2010 | Egon von Greyerz | 2 comments | Continued
Occurences Within Economy Consistent With a Depression
“How can you keep talking about a depression,” asks a Dear Reader, “when the economy is clearly recovering just as it should be.”
February 24th, 2010 | Bill Bonner | 10 comments | Continued
A Depression in Full Technicolor
As we’ve opined many times in the past, a depression is not just a time when people stand in line to get bowls of soup or sell apples on street corners. It’s a time of adjustment…when mistakes of the previous boom are corrected…
February 23rd, 2010 | Bill Bonner | 67 comments | Continued
We’re in a Depression, Stocks Gotta Get With the Program
Either the last phase of the bear market has begun. Or it won’t be long before it does. Stocks can go any which way they want in the short run – depending on investors’ delusions.
February 5th, 2010 | Bill Bonner | 0 comments | Continued
Obama Plans to Raise Taxes on the Rich and Businesses
Let’s see. We’ll make some guesstimates. There are about 100 million families in the US. Of those, about half are net taxpayers. And the top 10% are said to own half the wealth in the US and already pay 66% of its total taxes. Looks like they’re going to get whacked again. Each of the ‘rich’ families will pay nearly $200,000 more in taxes.
February 4th, 2010 | Bill Bonner | 13 comments | Continued
Obama and the $3.8 Trillion Budget
The amount of the budget itself is staggering. That’s a lot of money. But even more staggering is the glaring omission: the Obama administration is planning to spend $1.6 trillion it doesn’t have.
February 3rd, 2010 | Bill Bonner | 1 comment | Continued
