All Posts Tagged With: "unemployment"

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Everything Was Looking Up With the Baby Boomers

Ok, Bill, let’s review those wonderful days from whence we sprang, so fraught with the advantages of having nothing. So potent with opportunity. It was the middle of the ’70s…

October 28th, 2009 | Bill Bonner | 26 comments | Continued
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Bankers Betting That the Money Given by Feds Will Be Worth Less Next Year

So far the bet has gone their way. Copper has doubled. Gold is up 20%. Stocks markets all over the world are up 60%. Foreign currencies, too, have beaten the dollar.

October 27th, 2009 | Bill Bonner | 2 comments | Continued
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Baby Boomers Figure They Will Have to Work Longer than Expected

A woman loses her house. She stays with friends. She sleeps in her car. She tries to find work. Eventually, she runs out of options and checks into a homeless shelter.

October 21st, 2009 | Bill Bonner | 2 comments | Continued
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Investment Banks Making Money Thanks to US Government Bailouts

Meanwhile, the Bank of America is a real bank. With real mom and pop customers. And the poor moms and the poor pops are going bust. They can’t pay their bills.

October 20th, 2009 | Bill Bonner | 0 comments | Continued
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Paying Off Debt is Like Dying…

Voters don’t like hearing about debt. Politicians don’t like talking about it. And economists don’t want to think about it.

October 19th, 2009 | Bill Bonner | 5 comments | Continued
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Only Hope for Obama is that the Economy Revives

Why not? Wait a minute…you already know the answer to that question. Because it’s a depression. It’s the end of the road for the consumer credit economy. Consumers did their best.

October 19th, 2009 | Bill Bonner | 1 comment | Continued
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Is the Real Economy Growing, Expanding, and Making Money?

JPMorgan, the Wall Street firm that was bailed out by the feds a year ago, reported income of $3.6 billion in the 3rd quarter. With that kind of profit in the financial sector, it won’t be long before the whole economy is running red hot, right?

October 16th, 2009 | Bill Bonner | 4 comments | Continued
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Economic Cycle Theory

We began the week wondering about the cycles of history and markets. We wondered whether Australia is following the Anglo-American cycle into a long-winter…where people lose confidence in each other, in government, and in the institutions they relied on in the past for law and order, employment, and prosperity.

October 15th, 2009 | Dan Denning | 29 comments | Continued
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Feds Have Used the Correction to Increase Their Power and Add to Their Wealth

Noooo… We’re talking about a worthy correction…a real correction…a noble and distinguished correction…a correction that can hold its head up in public.

October 14th, 2009 | Bill Bonner | 0 comments | Continued
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Americans Aren’t Borrowing Or Buying

This is the story we’ve been telling here at The Daily Reckoning for two years. Americans have to cut back. They are out of time and out of money.

October 13th, 2009 | Bill Bonner | 1 comment | Continued
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