The real estate bottom
The real estate bottom is so far in the future it’s not even worth attempting a prediction. Real estate is not a liquid investment. Selling a property is time consuming, energy draining and expensive. Most people can not afford to buy anything without a mortgage, most people require the assistance of an agent, most people live in the only property they own, most people simply do not bounce around too often. Peter Schiff on the U.S. Bubble Economy
This speech was delivered at the World Money Show in February of 2006. (click below for the rest of the video) Ron Paul’s legacy
As the presidential campaign begins to wind down, looking back at Ron’s incredible accomplishments I am hopeful his libertarian message will be picked up by a new generation of leaders and finally begin to penetrate Washington politics. John Perkins - Confessions of an Economic Hit Man
A fantastic interview. (click below for the rest of the video) Evidence of de-coupling in Canada
Despite a several decade high in the value of the Canadian dollar and declining consumer demand in the United States, the unemployment rate dropped to a 33 year low of 5.8%. It’s probably too early to say Canada has officially de-coupled from the United States, but this evidence can not be ignored. Has gold reached bubble territory?
The recent pullback in gold prices has many commodity bears calling for a major correction in gold prices, possibly another $50 or more per ounce. While I certainly can’t rule out the possibility of a minor correction, the upward trend should continue over the next few years for the same reason it has been steadily trending upwards for the past several years — inflation. Up next: credit limit reductions
You will know we have entered the next phase of this American economic meltdown when individuals and corporations start to see their credit limits reduced without notice. It’s common knowledge that American Express, MasterCard and others are actively investigating ways to reduce their exposure to high-risk consumers and businesses. Are federal income taxes unconstitutional… in Canada?
The Canadian constitution is comprised primarily (but not exclusively) of two parts, the British North America Act (a.k.a. the Constitution Act) of 1867 and the Charter of Rights and Freedoms (a.k.a. the Charter) of 1982. The Charter does not address taxation, but the Constitution Act does, in fact many Canadians may be surprised to learn that it explicitly defines the limited powers of each level of government. War more expensive than Vietnam
Already longer than WW2, Bush’s war is now the second most costly ever waged by the United States of America, using inflation adjusted figures.
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