The US is borrowing more money than ever before – trillions more. With such a huge increase in supply, demand…and prices…it should crack, sooner or later.
January 11th, 2010 | Bill Bonner | 4 comments | ContinuedAll Posts Tagged With: "George Soros"
Volcker, the Last Central Banker in America to Have Any Real Integrity
He saw what needed to be done and he did it. He hiked up rates and brought consumer price inflation under control.
December 14th, 2009 | Bill Bonner | 4 comments | Continued
Rising in Defense of Goldman Sachs
We pick up sword and shield, ready to fight for Goldman, after reading The Financial Times. The FT has devoted a whole page to Goldman bashing.
November 20th, 2009 | Bill Bonner | 14 comments | Continued
Speculators and Chinese Firms Accumulating Australian Resource Companies and Commodities
And while China and America bicker over currencies, Chinese firms are scrambling to buy real assets. And while Aussie banks source foreign borrowing to lend in local real estate, Aussie mining firms go begging for bits of capital that would bring world-class ore bodies (and key strategic resources) into production…by local producers and owners.
November 19th, 2009 | Dan Denning | 1 comment | Continued
Feds See Every Emergency as an Opportunity
So far, the feds are the only real winners from any of these crises. Federal outlays, as a percentage of GDP have shot up from less than 20% of GDP in 2000 to more than 26% in 2009.
October 28th, 2009 | Bill Bonner | 0 comments | Continued
Asian Markets Have Been Hit Hard By The Subprime Crisis
Interestingly, Asian markets have been hit hard… not by anything they did wrong, but by the sub-prime crisis, which was 100% made in America. The emerging markets have their troubles and weaknesses, Manraaj concedes, but they are fundamentally in better positions than the US, because they have less debt and cheaper operating costs.
April 7th, 2008 | Bill Bonner | 2 comments | Continued
