Bernanke fiddles while Wall Street burns
Do something you idiot. It’s incredible how a Professor who earned much of his fame by criticizing the Federal Reserve’s ineffective communication strategy is proving to be one of the most incompetent communicators in recent history. Financial Bloat
Why bankrupt banks may be good for America There are too many 20-somethings running around Wall Street making tens of millions of dollars every year. They actually think that’s normal, it’s not. In any economy there is a finite amount of money available to be spent without introducing inflation and allocating a disproportionate amount of that money to financial institutions is a great way to create the conditions for inevitable collapse. How to save America
The fundamental problem with America’s economy is an obsession with wasteful consumption. Until that is resolved, nothing will change in the long run. It has become normal and acceptable for people to exploit easy credit for housing, cars, appliances, electronics, or anything else you can charge to your plastic card. Six Asians and an American are stranded on an Island…
They recognize that nobody is coming to save them and agree to divide some jobs amongst themselves in preparation for a long exile. One of the Asians does the fishing, another one does the hunting, another gathers the fruits, another gathers building materials for shelter, and so on. The American’s job is to eat. Money as Debt
This fantastic animated documentary exposes in plain english how central bankers lead economies to suffer from inflation and inevitable collapse. Street goes mad
Let me see if I understand, people are depressed about a coming economic recession so they panic sell everything in exchange for… cash? That may be a natural instinctive response but it makes no sense in an inflationary cycle, especially when a stimulus package is on the way from Congress and the Fed has promised deep rate cuts. Why the hell would you hold US dollars when inflation is higher than it’s been in decades? Project for a new Chinese century
It’s ironic how the nutcases pushing an actively hegemonic American foreign policy in the name of preserving American power will ultimately be responsible for destroying it. The ineffectiveness of central planners, whether they be in government or in central banks, to tame foreign nations or calm unnerved markets is evidence the elite are losing control. Insiders readily admit nobody has a clue how to handle this colossal shift of power. Investment strategies for an irrational world
Everyone should invest their money, the last thing you want to do in an inflationary cycle is depend on cash as a store of value. But if you’re not prepared to work hard than you should leave decisions up to someone else. I would recommend periodically seeking advice from an educated friend or family member to keep you on track – but verify with a few sources, relying on people who have little knowledge but sound authoritative can get you in trouble. Stock brokers are generally useless, their only function is to deliberately complicate the entire process and intimidate you into feeling as though you need them. The world is not coming to an end
I’m getting tired of reading doomsday posts by people who really don’t have a clue. Many corporations, including financial institutions, will find themselves in serious trouble but the entire world will not return to a barter society anytime soon. |
Highest Rated |
