The Times Online UK reports that Bill Clinton, who managed to get the US federal budget to balance during his term as President, has once again stepped in to solve the State’s financial woes. Only this time it’s the Secretary of State, not the state itself, that’s getting his budgetary attention:
May 15th, 2010 | Nickolai Hubble | 0 comments | ContinuedAll Posts Tagged With: "macroeconomics"
Tackling Economic Clouds
What a godsend this snow is! Think of all the people it puts to work. Kids shovel out driveways and earn a little spending money. Snow-blower sales must be going through the roof. Four-wheel-drive vehicles are sliding out of lots…
February 11th, 2010 | Bill Bonner | 1 comment | Continued
Every Major Bull Market Needs a Major Bear Market
We’ve had our bull market. It took the Dow from under 1,000 to over 14,000 in the space of 26 years. We’ve had a bubble too. The party was a lot of fun for everyone.
February 8th, 2010 | Bill Bonner | 8 comments | Continued
Modern Economic Theory
The Economist magazine, also predictably and inevitably, does not comment on this Gem Of Mogambo Economic Wisdom (GOMEW), which is to buy gold, silver and oil on the advice of the last 4,500 continuous years of the world’s economic history…
July 28th, 2009 | Mogambo Guru | 3 comments | Continued
Gordon Brown Pronounces New World Order
“Nothing very important, but the media makes a big thing of it. They kept talking about that G20 meeting – as if they were going to change the whole world – New World Order and all that…but what could they change? These hotshots at the banks took some bad bets. Now they’ve got to pay for them. What’s all the fuss about?”
April 6th, 2009 | Bill Bonner | 1 comment | Continued
Contrarian Thinking Secured Me Against Over Optimism in the Boom Years
I call myself a contrarian, and contrarian thinking secured me against over optimism in the boom years of the 1990s and early 2000s…
November 21st, 2008 | William Rees-Mogg | 6 comments | Continued
