September 25, 2022

Homes Are Illiquid And Ridiculously Costly To Sell

When home values were soaring during the housing boom, the cost of selling a home  didn’t really bother many sellers. The numerous fees involved when selling a home seemed inconsequential as home values soared year after year during those wonderful housing bubble years. That was then and this is now. With housing prices in many […]

Chinese Stock Market Collapses 67% Despite Massive Stimulus Programs

The debate over whether or not government stimulus spending (financed by borrowing) is effective in reviving post crash economies rages on in the U.S.  Despite the anemic economic recovery, proponents of deficit spending postulate that things would have been much worse without it.  Opponents of massive deficit spending insist that the problems are merely being […]

Why The Yen Could Collapse – Japan On The Knife’s Edge

By Axel Merk Because of Japan’s massive public debt burden, pundits have called for the demise of the Japanese yen for years. Are the yen’s fortunes finally changing? Our analysis shows that the days of the yen being perceived as a safe haven may soon be over. Let us elaborate. So many foreign exchange (“FX”) […]

The Dow Has Soared 100% Since 2009 – What’s Next?

Since the depths of the financial crisis in early 2009, the Dow Jones Industrial Average has soared 105%, rising from 6,627 on March 2, 2009 to a recent high of 13,610 on October 1, 2012.   At the bottom in early 2009, most investors were contemplating the collapse of the entire U.S. financial system and the […]

Allen West On Why Democracies Are Self Destructive – Free Everything Cannot Work

Mitt Romney raised a firestorm with his comments about the large number of Americans relying on government handouts for survival.  Adding to the debate, Congressman Allen West of Florida penned a thoughtful reply which concludes that the country cannot survive unlimited dependency. By Rep. Allen West WASHINGTON (MarketWatch) — Gov. Mitt Romney’s comments about the […]

What Is The Value Of Paper Currency?

Central banks around the world have initiated a policy of virtually unlimited quantitative easing (money printing).  Does anyone expect the value of paper money to retain its purchasing power as central banks print endless amounts of new paper money out of thin air? Gold and Silver Blog Japan Joins The QE Race – Who Can […]

The National Debt Will Probably Hit $16 Trillion By The Time You Read This

The national debt has become the biggest threat to America’s future financial security.  No one has a workable solution on reducing the debt.  Where we go from here is anyone’s guess but throughout history, the consequences for hopelessly over indebted nations has been the same – outright default or massive money printing that ultimately destroyed […]

Why U.S. Deficits Are Necessary and Austerity Is Self-Destructive – Finance For Dummies

Would the United States be committing economic suicide by instituting an austerity program to reduce the national debt and deficit spending?  One man who thinks so is Bill Black, author of “The Best Way To Rob A Bank Is To Own One.”  Bill Black is a financial expert, frequent critic of the banking industry and […]