One thing Americans take for granted is that they will always be the richest, most successful people on earth. They think that because that is what they have always known.
November 16th, 2009 | Bill Bonner | 2 comments | ContinuedAll Posts Tagged With: "germany"
The Government Bureaucrats of East Germany Exist in the United States of America Today
In 1949, the Soviets and the Allies divided Germany into two parts. One part followed a traditional capitalistic path to reconstruction. The other part took the socialist road.
November 10th, 2009 | Bill Bonner | 0 comments | Continued
Eurozone Drops GDP Bombs
The eurozone unveiled some nasty economic news early this morning. For starters, Germany dropped its first-quarter 2009 GDP number…
May 18th, 2009 | Ian Mathias | 0 comments | Continued
Whiskey & Gunpowder
For the present, there is hardly anyone who is an immediate advocate of joining the euro, though there are plenty of europhiles who would expect Britain to join the euro at some future date. At the same time, the euro has become more attractive to the weaker European currencies which are outside the Eurozone…
February 26th, 2009 | William Rees-Mogg | 4 comments | Continued
The Collapse of Complex Asset Values
In the name of “stimulus” and “recovery” and to supposedly correct the excesses of the market, none of the normal free market mechanisms to punish the excesses are being allowed to function. Instead of acknowledging that markets work in boom/bust cycles of progress, excess, and consolidation, today’s generation of policy leaders want to eliminate cycles to preserve their fictitious wealth and power!…
January 29th, 2009 | Dan Denning | 7 comments | Continued