So far, the feds are the only real winners from any of these crises. Federal outlays, as a percentage of GDP have shot up from less than 20% of GDP in 2000 to more than 26% in 2009.
October 28th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "swine flu"
Unlike China, India is Not Willing to Learn from its Mistakes
When you land in China, they send two teams of medical crew wearing spotless white attire from head to toe, looking a bit like astronauts heading towards the rocket for a lift-off.
The silent crew parades the aisles, examine your eyes and flash a beam on your forehead to check your temperature. They are looking for symptoms of swine flu.
Watching the Bear Market Rally and Swine Flu
All over the world, people are breathing a sigh of relief. The end of the world did not come. Asian economies are still growing. Even with GDP falling at a 6% annual rate in the U.S.A., unemployment seems to be moderating…and house prices are falling not quite as fast as they were a few months ago.
May 4th, 2009 | Bill Bonner | 0 comments | Continued
Stock Prices Down Signals Bears to Hold onto Cash, Treasuries and Gold
The bulls will be killed in the classic way. A strong rally on Wall Street…or a series of minor ones… will lead them to believe that “the worst is over.” They’ll get back into stocks after a 20% or 30% advance – hoping to recover what they lost last year.
April 30th, 2009 | Bill Bonner | 1 comment | Continued
Need money? Just Take it From Accounts in the Country’s Banks
Need money? Just take it directly from accounts in the country’s banks. Of course, thanks to Mr. Gono and his friends there isn’t a lot of money in Zimbabwe’s banks…
April 29th, 2009 | Bill Bonner | 0 comments | Continued