THE BIG PICTURE Ok, here’s a Big Picture of where America and we Americans stand today. A fairly downbeat Big Picture so buckle your seatbelts. America has been on the verge of a major comeuppance for many, many years. But its been postponed and postponed. Because the US dollar is the world’s...
THE ECONOMY Written Monday, May 5th, 2008: Regular Weekly Overview: Numerous economists are now saying the possibility of an US recession has passed. I think this change of viewpoint began about a week plus back when the Durable Goods Orders–Ex Transports for March rose +1.5%, better than the ...