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Recession: What is it and How did we get there?
Second quarter 2008 First of all, it hasn't yet been determined that the United States is currently in a recession. The National Bureau of Economic Research, the major (and supposedly unbiased) research...
8 commentsWhy Goldman Sachs Is Committing Treason
Here we go again. Now please, I like Mexico. Energy is important to Mexico. But the oil will still be there and Mexico will survive. I personally believe that this whining from Goldman Sachs about Fitch's...
40 comments9-19-08 Crisis End Game--Paul Krugman NY Times
Op-Ed Columnist Crisis Endgame By PAUL KRUGMAN Published: September 18, 2008 On Sunday, Henry Paulson, the Treasury secretary, tried to draw a line in the sand against further bailouts of failing financial...
29 commentsGold and Silver Will Protect Your Wealth
Gold coins, Gold bars, Gold Bullion. No matter the type gold will protect your wealth from inflation as it has for thousands of years. Silver, platinum and palladium are other precious metals that will keep you solvent while others become insolvent holding paper fiat currency.
1 commentGLOBAL RESSION!!
We are witnessing a large investment meltdown in the stock markets as financial insitutions begin to pull their $money out of the European, Asian and Latin American countries. In the U.S. there is a massive...
0 commentsEnd of the American Dream
I am writing this as a shout, and a plea to all who read to wake up if you have not yet done so regarding the world financial meltdown. I shout here to warn you that you need to take action to preserve...
5 commentsInvesting Recession Depression
Investing in a recession is quite different than investing in a depression. To be honest, we do not know which way it will be going. Investing in a recession requires an eye toward future recovery. Indeed...
5 commentsLessons from the Global Financial Crisis
In this time of depression, psychiatrists should have no lack of depressed customers. Probably the gates of hell will see a influx with new members. It is depressing reading the newspaper these days. Good...
2 commentsWHAT NOW? TIPS FROM FROM THE EXPERTS
Have you been gored by Wall Street bull?"Fool's Gold" and "Dumb Money" Michiko Katutani reviews two books on the financial meltdown: "Fool's Gold" by Gillian Tett and "Dumb Money" by Daniel Gross. Read these...
22 commentsWhy Sellers of a Companys Stock are Able to Find Buyers
The stock market is like any other market in that price is determined by supply and demand. In economics, the Law of Supply states that as the price of an item increases, the supply offered will increase...
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