Today’s story is how the investment world you live in came to be…and how we’re on the edge of a great leap forward…or a great leap into a deep abyss. If you don’t have time to read it, go over to Facebook and tell everyone you’re too busy to read about the most important investment story of your life.
February 1st, 2012 | Dan Denning | 2 comments | ContinuedAll Posts Tagged With: "liquid assets"
The Liquid Assets You Can No Longer Bank On
There are no more risk-free liquid assets in the market. Maybe there never were. But it’s one of those sacred cows that has never been gored before. It is now (gored, in painfully slow fashion). The dirty little secret of the bankrupt Welfare State is out: government bonds are just another liability.
December 13th, 2011 | Dan Denning | 4 comments | Continued
Bond Scam Perpetrated by Money-grubbing Government
So how does a government fund its spending programs if global creditors begin to turn to other assets? Well, it can have its own central bank “monetise the debt.” But having the central bank buy government bonds with new money is a sure-fire path to currency depreciation and higher interest rates.
November 23rd, 2009 | Dan Denning | 2 comments | Continued
