Posts Tagged ‘ economic collapse ’

I Hope You’ve Taken The Last Couple Of Years To Prepare

Sep 23rd, 2011 | By | Category: Economics
Karl Denninger, who forecasted the breakdown in stock markets a couple of weeks before the crash of 2008, says that all hell is now breaking loose: "You've once again had your 401k and IRA whacked by the incessant lies and scams promulgated by your government and the 'financial wizards' who seduced ...read more

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Posted in Economics | 6 comments


Land More Valuable Than Gold In A Total Meltdown

Aug 22nd, 2011 | By | Category: Featured, Personal Investing
Last weekend, we bought some land. This flies against policy (our policy) of never buying anything except that which can be paid for at the time of purchase – and even though I know full-well that we won’t really own the land, just as we don’t really own the land we ...read more

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Posted in Featured, Personal Investing | 15 comments


A Self-Employed Carpenter’s Continued Thoughts on the Future

Feb 11th, 2011 | By | Category: Featured, Personal Investing
My first article on this topic concerned the sharp contraction of the residential construction industry in the U.S. I am a self-employed carpenter. The main thrust of that article was that the housing market is not going to recover to anything approaching its zenith. Bloomberg Business reported in January that housing ...read more

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Posted in Featured, Personal Investing | 8 comments


Mismanaging Contraction

Jun 23rd, 2010 | By | Category: Featured, Politics
Lesson of the Macondo: Blowout preventers don’t prevent blowouts. This comes as a shock to people attuned to the on-schedule arrival of techno-miracles. Now, all the acronym-studded invocations of techno-mastery by men wearing interesting hats will not avail to put the schnitz on an epic horror show in the Gulf ...read more

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Posted in Featured, Politics | 27 comments


Economic Collapse Permanently Destroys Middle Class Jobs

Oct 29th, 2009 | By | Category: Featured, Macro Economics
Many people write of the imminent destruction of the U.S. middle class (of which I consider myself a member) but few have explained specifically how this occurs. Understanding the mechanism seems important if I hope to avoid the fate of most of my peers. An insight on this question came from ...read more

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Posted in Featured, Macro Economics | 17 comments