Why the US Debt Burden May Facilitate Its Extinction

Reddit

The Dow fell another 100 points yesterday. Why? Word got out that corporate earnings projections show the slowest growth in 4 years… This was reported as more evidence of approaching recession.

..and more evidence that the Fed needs to take action.

“Touch us. Heal us. Give us more QE,” said the multitudes. And the economists.

It is probably just a matter of time until the big bazooka fires off another blast…

Regards,

Bill Bonner
for The Daily Reckoning Australia

————————————–

Lessons from the Irish Elk

Why the US Debt Burden May Facilitate Its Extinction

Yesterday, the Daily Reckoning’s Eric Fry sat down with Capital Account’s Lauren Lyster to discuss, among other things, the US debt crisis, the “bubble in safety” and how that all relates to the extinction of the Irish Elk. Take a look at this clip from yesterday’s interview.

Video
To view this video, click here

From the Archives…

Customs, Capital Controls and Airway Robbery
21-07-2012 – Nick Hubble

China’s Coming Assault on the Western Financial System
20-07-2012 – Greg Canavan

Has Bernanke and the Fed Discovered a New Invention in Wealth Creation?
19-07-2012 – Greg Canavan

Why You Should Watch Your Blind Spot For An Oil War
18-07-2012 – Dan Denning

Flexible Investing to Become a Relaxed Investor
17-07-2012 – Murray Dawes

Bill Bonner

Bill Bonner

Best-selling investment author Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter companies. Owner of both Fleet Street Publications and MoneyWeek magazine in the UK, he is also author of the free daily e-mail The Daily Reckoning.
Bill Bonner

Latest posts by Bill Bonner (see all)

Reddit

Leave a Reply

Be the First to Comment!

Notify of
avatar
wpDiscuz
Letters will be edited for clarity, punctuation, spelling and length. Abusive or off-topic comments will not be posted. We will not post all comments.
If you would prefer to email the editor, you can do so by sending an email to letters@dailyreckoning.com.au