Posts Tagged ‘ depression ’
I staked out my position on the Doom & Gloom side back in 1992 when I was shocked by the problem I discuss first. What should you be concerned about? Start with the basics: what do you think you might have to survive? No point in making plans if you ...read more
The Good Old Days of Depression and Stimulus
Jul 29th, 2009 | By Byron King | Category: Featured, Macro Economics
Just getting to Vancouver was a revealing trek. Despite the ongoing Great Recession, it never ceases to amaze me how busy are the major airports. My trip took me through Atlanta and Seattle, and both airports were wall-to-wall travelers. The waiting areas were full, the planes were packed and the ...read more
Gold Stocks in a Depression
Jun 4th, 2009 | By Jeff Clark | Category: Featured, Gold
What if deflation wins?
While we think the odds are strongly stacked against it, particularly given the government’s furious pace of money printing, the prudent investor understands – and respects – the time-tested adage, “Nothing is guaranteed.” So while our chips sit squarely on the spot marked “inflation,” what will happen ...read more
Reduced Standards of Living
Mar 31st, 2009 | By James Howard Kunstler | Category: Featured, Macro Economics, Oil
Mr. Obama heads to Europe now where official hostility is rising against the Anglo-American method of pounding monetary sand down the rat-holes of “non-performing” debt, bankrupt enterprise, and bubble-levitated bonds. Our poised and charming Prez may escape personal obloquy from the quaint old-world street folk, but most of the other ...read more
Executive Order 10-988
Mar 20th, 2009 | By Linda Brady Traynham | Category: Commodities, Featured, Morning Whiskey, Personal Liberties
I keep thinking of Ray Stevens ("Ahab the Arab," "Shrine Convention," "The Day the Squirrel Got Loose," etc.)
I just want to sing my little song," plot my stock charts, love my great sailor, play in my greenhouses, buy gold no matter what the economy is doing, and be the happiest ...read more
Sustaining the Unsustainable: The Abyss Stares Back
Feb 24th, 2009 | By James Howard Kunstler | Category: Featured, Macro Economics
The public perception of the ongoing fiasco in governance has moved from sheer, mute incomprehension to goggle-eyed panic as the scrims of unreality peel away revealing something like a national death-watch scene in history's intensive care unit. Is the USA in recession, depression, or collapse? People are at least beginning ...read more
The Credit Depression
Jan 13th, 2009 | By Dan Denning | Category: Featured, Macro Economics
Here they come. At the end of 2008, all the social and personal signs of a real depression were absent. They are making themselves present now. The suicides, the frauds, the job losses...they're all on the front pages of the papers now. If 2008 was the year of the financial ...read more
Basic Economics
Jan 9th, 2009 | By Don Stott | Category: Featured, Macro Economics, Politics
There are so many complications, economics wise, and there shouldn't be, because as Ludwig von Mises once said, defining economics, "People Act." It's just that simple! Examples are everywhere. Toyota is closing its plants for 11 days, and how many employees does this affect? Let's say 2,000, at $200 a ...read more
History Rhyming: Gold, Government and Taxes
Nov 21st, 2008 | By Gary Gibson | Category: Featured, Gold, Macro Economics, Politics
Society functions best when each individual minds his own business…literally. When concerns are local and governments miniscule — just doing modest things like protecting property rights and enforcing contracts — then things generally work out for the best. When governments get ambitious and each citizen seeks ...read more
