THE FED, THE END OF STIMULUS, AND THE END OF THE DOLLAR
Unfortunately, it’s starting to happen… The Federal Reserve is now in the throes of unwinding it’s unprecedented monetary stimulous (i.e. money printing), and it’s hitting developing markets severely. Brazil, Argentina, Russia, and other developing markets are … Read More
CONSUMER CONFIDENCE DOWN, GOLD MELTDOWN, AND NOW THE HORRIFIC TERRORIST ACTS AT THE BOSTON MARATHON? IS THE ECONOMY STRONG ENOUGH TO ABSORB THE SHOCK?
The terrorist acts at the Boston Marathon were reprehensible, performed by a coward, or group of cowards and aimed at doing damage to so-called “soft targets”. Let’s ditch the political correctness and call it what it … Read More
ROMNEY AND OBAMA SQUARE OFF IN POLLS. CAN EITHER FIX THE ECONOMY?
Trillions upon trillions of new debt. High unemployment. Anemic growth. Let’s face facts: THE WORLD IS IN SHAMBLES. Unfortunately for all of us, neither Romney, Obama, or resurrecting Ronald Regan from the afterlife will solve the … Read More
ST. VINCENT’S HOSPITAL IN MANHATTAN CLOSED; ON VERGE OF BANKRUPTCY
BY Matthew Lysiak and Samuel GoldsmithDAILY NEWS STAFF WRITERS Saturday, April 10th 2010, 3:10 PM Willens/AP Pedestrians file past the emergency entrance at St. Vincent’s Hospital in New York, which has closed due to a financial … Read More
EX-NBA STAR COLEMAN FILES FOR BANKRUPTCY
FoxSports Former National Basketball Association No. 1 draft-pick Derrick Coleman, who filed for Chapter 7 bankruptcy protection last month, says he owes his creditors nearly $4.7 million, The Wall Street Journal’s Bankruptcy Beat blog reported Friday. Former National Basketball … Read More
JAPAN NUCLEAR MELTDOWN FEARS. FINANCIAL MELTDOWN MAY BE WORSE
The recent earthquake and tsunami in Japan has wreaked havoc on Japan’s infrastrutcture and economy. And the aftershocks are still being felt. Not only are there geophysical aftershocks to deal with, but aftershocks in the Japanese … Read More
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