Debt repudiation

| February 3, 2010

If you manage to comprehend the debt obligations of the U.S. government, $107 trillion and counting, you will probably be overcome by one of two emotions, anger at the overspending and hopelessness at the extent of the problem. We encourage both emotions as they might serve to mobilize the people against the government. Nothing is […]

China turning?

| January 21, 2010

Very interesting article in the New York Times about the possibility of a Chinese stock market crash by a leading short-seller. “The Chinese,” he warned in an interview in November with Politico.com, “are in danger of producing huge quantities of goods and products that they will be unable to sell.” James Chanos’ opinion is currently […]

Economic snapshot

| January 4, 2010

The world economy is still operating under the master paradigm we outlined in our October post, How to interpret trends. The global economists and speculators on TV talk happy talk about how the Depression scenario was avoided by massive infusion of central bank stimulus, and they are predicting that the world economy is on the […]

Dubai’s debt

| December 7, 2009

The revelation of the Dubai debt moratorium sent the U.S. stock market down for a day last week. It rebounded the next day when the amount of the debt was reduced in public statements. But let’s try to go behind the TV reporting. Does anybody really know the extent of the Dubai debt obligations? Jeremy […]

Unstable debt

| December 2, 2009

Everyone (except the Left) is aware by now that there is too much debt in the world. The high relation of debt to real assets is causing every country and every sophisticated investor around the world to try to figure out how to get out of dollars and into tangible assets. This means, every smart […]

Slouching toward Copenhagen

| November 16, 2009

The climate change con job is scheduled to become international law at the Copenhagen summit in December. The globalists have been trying to take over the energy markets for decades. Their dream of huge profits and total control over the world’s economy are about to come true.

Can Iceland be saved?

| November 9, 2009

News story: McDonald’s has ceased doing business in Iceland. The Guardian considers this a “blow” to Iceland. Actually, it’s just three locations, and they will be reopening minus the McDonald’s name.