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'Flower To The People!'76

Kids of the 60’s - The First Selfish Generation - Changing Expectations - The Cycle Keeps Turning & Reversing

Although this is mostly relevant to the UK, I am sure many parallels can be noted as significant in most of the Western world. This is a look at how and why expectations have changed from my generation to my...

6 comments    recession society credit crunch
AZGuy profile image79

Why this Recession will be Severe

This recession is likely to be more severe than previous ones, due to the fact that the Federal Reserve is running out of ammo to prop up the banking system. Links below to articles provide excellent...

finance economy depression
What is Stagflation? Inflation in a Shrinking Economy71

What is Stagflation? What?...Stagflation....

What is Stagflation you ask? The definition of Stagflation is starting to hit CNBC on a daily basis. Other news channels are casually mentioning "What is Stagflation"? Welcome back to the 70's. Latest...

2 comments    finance economy depression
58

Obama should have made Greenspan a Czar so he could keep him quiet!

Former Federal Reserve Chairman and Obama Supporter Alan Greenspan said Monday October 5, that tighter credit and higher taxes are the only ways to fix our still struggling and debt-ridden economy. He went...

3 comments    stagflation obama's czars
59

Economic Outlook--Good, Bad or ??

Doubts Raised on Big Backers of Mortgages NYTimes front page story by Charles Duhigg A front page story in today's NY Times reports more potentially very bad news that some financial experts are concerned...

7 comments    business politics investing
51

Banking and the Real Inflation Rate

U.S. business and consumers paid more for food, energy, gasoline, automobiles and most other products last month. Recently, the government confirmed an inflation rate of 8%, which is still vastly...

economy bank federal reserve
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