In This Issue.. * Consumer Borrowing Collapses... * What's up with sterling? * Option ARMs get ready to reset... ...
Dear Reader, Before getting down to the business of trying to make some sense out of the Bizarro World we’ve stumbled into, I want to thank all of you who wrote in response to last week's edition of these musings. And I want to apologize for the e-mail flub-up that resulted in many of you receiving...
.........But First, A Word From Our Sponsor.......... Now in Print: What You Need to Know About America's Economic Crisis On election night, Amazon.com's top-selling book wasn't about Obama or even McCain. Instead, it was a book about the four American deficits that threaten to steal your...
...But First, A Word From Our Sponsor... Now in Print: What You Need to Know About America's Economic Crisis On election night, Amazon.com's top-selling book wasn't about Obama or even McCain. Instead, it was a book about the four American deficits that threaten to steal your wealth-and the...
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Posted to
Daily Pfennig
by
Chuck Butler
on
01-09-2009
Filed under:
Filed under: Employment, Dollar, China, Gold, Yen, Canada, Bank of England, Interest Rates, Japan, The Fed, Jobs, Financial Crisis, Debt, Barack Obama, Michael Mihalik
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Introduction "Our analysis leads us to believe that recovery is only sound if it does come from itself. For any revival which is merely due to artificial stimulus leaves part of the work of depression undone and adds, to an undigested remnant of maladjustments, new maladjustments of its own."...