Editor’s Note: Although this article specifically mentions events in the U.K. it is equally applicable to events and situations in the U.S. I just finished reading best selling author Michael Lewis’ excellent book The Big Short: Inside the Doomsday Machine which fully details the inside workings of the U.S. SubPrime Bond market that led up to the 2008 […]
Forensic Accounting the Solution to the Financial Crisis Read More »
These days, when we hear about “debt” in the news media, it is often Greece’s debt that is the topic of discussion. According to the media it seems that Greece’s debe must be way out of proportion with the rest of the world. Many experts believe that no matter how much austerity is imposed Greece will never be able to repay
Debt in Relation to Gross Domestic Product Read More »
Euro-Crash In an interview with Louis James, world traveler and legendary speculator Doug Casey makes a compelling case for becoming a “permanent tourist” to be best able to survive the coming economic crash. Louis James: So Doug, you’re off to FreedomFest shortly, where people will be able to hear your latest thoughts on many subjects.
Doug Casey: A Eurocrash Is Baked in the Cake Read More »
Just how will the sovereign debt crisis end? By Elliott Wave International We’ve all heard the line: Let me give it to you straight. And in speaking to his counterparts in Spain, an Irish economist did just that. Ireland has this banking advice for Spain: imagine the worst and double it. [emphasis added] Like Ireland,
European Debt Crisis: “Imagine the Worst and Double It” Read More »
Is the US Really in Economic Recovery? David Galland addresses the issue of economic recovery. Is the US — the whole world, for that matter– in economic recovery? He contends that we are not. Read more and tell me whether you agree with his assessment. ~editor The All-Important Question By David Galland, Casey Research For
