If the economy really is heating up, mightn’t it melt all that money and credit frozen by the depression?
February 2nd, 2010 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "depression"
A Period of Credit Contraction, De-leveraging and Depression
No one knows for sure. Investors stumble around in the dark, bumping into data and knocking over lamps.
January 29th, 2010 | Bill Bonner | 1 comment | Continued
Government Spending Makes People Poorer
In their view, government spending is actually BETTER than private spending. Why? Because it produces nothing of value. Really; we’re not making this up.
January 28th, 2010 | Bill Bonner | 3 comments | Continued
People ‘Disappointed’ by Jobless Numbers Haven’t Been Paying Attention
“A surprising jump in first-time claims for unemployment aid sent a painful reminder Thursday that jobs remain scarce six months into the economic recovery.
January 25th, 2010 | Bill Bonner | 6 comments | Continued
Chinese Economy Just Waiting for Excuse to Blow Up
China is reporting such hot growth that the authorities will be forced to throw a bucket of water on it. At least, that’s what a lot of investors are thinking.
January 22nd, 2010 | Bill Bonner | 1 comment | Continued
Does the Stock Market Know Something We Don’t?
According to theory, the markets know more than any single investor, analyst or economist. In theory, the markets know everything there is to know.
January 21st, 2010 | Bill Bonner | 1 comment | Continued
GM, Once the World’s Biggest and Most Successful Company
In this weekends’ Washington Post, a columnist wonders what GM executives were thinking when they allowed the best automotive franchise in the world go broke.
January 19th, 2010 | Bill Bonner | 2 comments | Continued
Investors Figure Jobs Picture Will Keep Fed from Raising Rates
The Fed will not raise rates anytime soon. But it takes more than low rates to create a durable boom on Wall Street.
January 14th, 2010 | Bill Bonner | 0 comments | Continued
Mainstream Economists Congratulate Themselves
There must be some dark corner of Hell warming up for modern, mainstream economists. They helped bring on the worst bubble ever…with their theories of efficient markets and modern portfolio management.
January 11th, 2010 | Bill Bonner | 0 comments | Continued
Supposed to Believe Investors Can Avoid Calamities of Past by Studying Previous Market Cycles
That is how some of us were able to foresee the dotcom blow-up in ’00…and later, the blow-up in the financial sector in ’08.
December 21st, 2009 | Bill Bonner | 2 comments | Continued
An Investor Could Have Made a Lot of Money in the ’30s
The year 1933 was one of the best years ever. Of course, the investor was well advised to take his gains off the table. Prices slipped in ’34…bounced…and then fell apart.
December 18th, 2009 | Bill Bonner | 0 comments | Continued
We Trust Gold Because We Don’t Trust Central Bankers
But now we see that the central bankers are even more unreliable than we imagined. They are diligently trying to do the wrong thing, as usual.
December 17th, 2009 | Bill Bonner | 0 comments | Continued
Consumer Price Inflation is What Everyone is Counting On
The debts of the past need to be reckoned with. Borrowers are doing the best they can. They pay when they’ve got the money. They default when they don’t.
December 17th, 2009 | Bill Bonner | 1 comment | Continued
Everyone is Getting Tough on Bankers
Good ol’ Paul Volcker is giving them hell. He told a group of bankers that the only innovation they came up with that actually added value was the automatic teller machine.
December 16th, 2009 | Bill Bonner | 2 comments | Continued
Economy is the Source of Wealth for Us All
Meanwhile, the financial world keeps working its way through this period of great confusion and uncertainty. Nobody knows what to think. Nobody knows what anything is worth.
December 16th, 2009 | Bill Bonner | 4 comments | Continued
