All Posts Tagged With: "financial crisis"

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Everyone is Busily Debasing Their Currency

There is a risk in holding cash in an environment of asset price inflation – a condition that usually occurs when governments create large fiscal deficits and inflate the money supply.

November 12th, 2009 | Dr. Marc Faber | 2 comments | Continued
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Have the Feds Given the Economy a Miracle Drug?

Twenty years ago today…the Berlin Wall came down. This marked the end of the greatest controlled experiment in economics ever conducted. What did economists learn? Nothing…

November 10th, 2009 | Bill Bonner | 0 comments | Continued
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HSBC Reveals Days of the Dollar are Numbered

“Crucially, China and rising Asia have reached the point where they can no longer keep holding down their currencies to boost exports because this is causing mayhem to their own economies, stoking asset bubbles.

September 23rd, 2009 | Bill Bonner | 10 comments | Continued
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Cheapest Place in the World to Live is the US

Housing is cheap in the United States. In Texas and Arkansas, housing is probably the best bargain on the planet. Food prices are going up; still food in the US is much cheaper than it is in Europe.

September 22nd, 2009 | Bill Bonner | 21 comments | Continued
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Capitalism is Inherently Unstable

“‘Minsky’ was shorthand for Hyman Minsky, a hitherto obscure macroeconomist who died over a decade ago. Many economists had never heard of him when the crisis struck, and he remains a shadowy figure in the profession.

September 18th, 2009 | Bill Bonner | 21 comments | Continued
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Should You Buy Gold Now?

The Trade of the Decade is still buy gold/sell stocks. And the decade isn’t over. If you have US stocks, this is a good time to sell. The Dow went up 63 points yesterday – a weak bounce after several days of losses.

September 7th, 2009 | Bill Bonner | 0 comments | Continued
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How Did Australia Get Caught Up Losing Money in Commercial U.S. Real Estate?

In yesterday’s Age, Bwembya Chikolwa, a lecturer in the School of Urban Development at Queensland University of Technology, says Aussie super funds had money to burn…

September 1st, 2009 | Dan Denning | 1 comment | Continued
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The Profits Depression

And after we consider the impact of the credit boom on S&P 500 earnings we’d say that corporate earnings are never going to be the same again. They may revert to the mean. But it will not be nearly as high as it was at the highs of the credit boom. It’s undeniable that the expansion of the credit bubble and the advent of securitisation and derivatives led to…

July 28th, 2009 | Dan Denning | 13 comments | Continued
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Any Money That You Don’t Earn is Stimulus

Those whom the gods would destroy are first granted stimulus. When a man wins the lottery, for example, it has a stimulating effect on everyone around him. He usually spends the money quickly – often even before he gets it.

July 27th, 2009 | Bill Bonner | 3 comments | Continued
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Herbert Hoover and the Great Depression

Let’s first set the record straight on Herbert Hoover’s fiscal policies. Contrary to what you have heard and read over the last year, Hoover behaved as a textbook Keynesian after the stock market crash. He immediately cut income tax rates by one percentage point…

July 16th, 2009 | Robert P. Murphy | 4 comments | Continued
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