The discouraging aspect of all this is that so much capital remains tied up in non-performing assets. To save the bankers, we have killed off the future prospects for entrepreneurs.
April 23rd, 2010 | Dan Denning | 47 comments | ContinuedAll Posts Tagged With: "John Hussman"
Another Big Wave of Foreclosures
“Rising unemployment and a new variety of mortgage resets continued to gradually shift the nation’s foreclosure epicenters in the third quarter away from the hot spots of the last two years…
November 11th, 2009 | Bill Bonner | 13 comments | Continued
Investors Think Things Will Return to the Way They Were in the Bubble Epoque
The Wall Street Journal is talking about a “full recovery” in luxury goods sales by 2011. And Wall Street itself is pricing stocks as if the record profit margins of ’05 and ’06 were just around the corner.
October 21st, 2009 | Bill Bonner | 0 comments | Continued
