Maybe the illusive dream of six zeros is within reach for all people around the world. All you have to do is borrow a million dollars. The fact that you owe the money to the bank isn’t relevant.
March 27th, 2010 | Nickolai Hubble | 2 comments | ContinuedAll Posts Tagged With: "Martin Armstrong"
Martin Armstrong Suggests the Sovereign Debt Crisis in Europe Will Lead to Rising Interest Rates
But according to America’s self-described “#1 political prisoner” Martin Armstrong, the Western world’s fiscal malfeasance has left it trapped between two equally undesirable but unavoidable outcomes: default of civil unrest. We are at the pointy end of the crisis (Phase two as he describes it). Yet very few people seem to appreciate what’s actually happening.
March 22nd, 2010 | Dan Denning | 9 comments | Continued
Dow Shows Signs of Life
Stocks in the United States have lost $11 trillion in value – more than cut in half – without a single major bounce. We expected one after Obama was elected. All we got was a 15% ricochet. Then, after he announced his major stimulus/bailout/boondoggle program…we thought, surely, stocks would rally then. Nope. Instead, globally, stocks are down 20% since Obama office.
March 12th, 2009 | Bill Bonner | 0 comments | Continued
