The Baby Boomers were flying high during the wonder years. They looked forward to higher house prices and rising stock prices. But now, after having suffered an $11 trillion loss in stocks and real estate…
April 12th, 2010 | Bill Bonner | 2 comments | ContinuedAll Posts Tagged With: "feds"
Goldman Stole the Money Fair and Square
But Goldman Sachs is as cool as a cucumber. Goldman released its annual report earlier this week. The firm said it hadn’t done anything wrong.
April 9th, 2010 | Bill Bonner | 2 comments | Continued
Americans Believe Economy Has Worsened During Past Year
“By an almost 2-to-1 margin Americans believe the economy has worsened rather than improved during the past year, according to a Bloomberg National Poll conducted March 19-22…
April 1st, 2010 | Bill Bonner | 3 comments | Continued
Almost Every Mortgage Written Last Year Underwritten by US Government
And they took over the auto business too. They should be able to do for autos what they did for passenger trains. That is, they should turn Detroit into an Amtrak…
March 30th, 2010 | Bill Bonner | 0 comments | Continued
Feds of India Have Been Choking the Economy for Years
We have come to Bombay to get a good look at India – at least the part of it you can see from a 10th floor room at the Taj Mahal Hotel. Which isn’t much. The air is too dense.
March 22nd, 2010 | Bill Bonner | 3 comments | Continued
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
A Rally in a Bull Costume
This rally has gone on for so long most people think it is not a rally at all, but a new bull market.
March 11th, 2010 | Bill Bonner | 79 comments | Continued
Gold is in a Real Bull Market
There are a few old gold bugs around. But the public is not yet talking about gold.
March 9th, 2010 | Bill Bonner | 4 comments | Continued
Government Pretending Debt-fueled Spending is the Same as Growth
Instead of letting the dead die in peace…the feds are pumping financial adrenaline into their veins…turning them into zombies.
March 2nd, 2010 | Bill Bonner | 1 comment | Continued
Gold Not a Perfect Way of Measuring Wealth, Just the Best Way
Gold won’t make you rich. It toils not; neither does it spin. Since it doesn’t hustle, it won’t increase your wealth.
February 22nd, 2010 | Bill Bonner | 79 comments | Continued
The Story Behind China Dumping its US Treasury Debt
Let’s see, China is cutting back on US debt purchases. So is Japan. And so are the big bond funds, such as PIMCO, the biggest in the world. Who will buy US bonds?
February 19th, 2010 | Bill Bonner | 0 comments | Continued
Feds are Getting Plenty of Taxpayer Support
Not only are the feds taking up a bigger percentage of GDP, they’re also becoming bossier. During the Bush years the federal register recorded 7,000 more pages of new rules.
February 16th, 2010 | Bill Bonner | 1 comment | 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
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
Unemployment Still Rising Because Feds are Trying to ‘Do Something About It’
In this regard, we refer to three different phenomena. They are inter- related…they all show the same thing: an economy going downhill.
January 27th, 2010 | Bill Bonner | 0 comments | Continued
