Tag: US economy

economics financial crisis The Corporation the future US economy
January 4, 2009

US in Depression

The Economist magazine has diagnosed that the US economy is in a depression , not a recession. While the throngs of journalists, publicists, politicians and other folks are loathe to confess that North America has entered the greatest recession on record, I commend the Economist for having the balls to finally show it like it is, even if they’re still very indirect about it. Now […]

corruption disaster capitalism economics excited delirium financial crisis The Corporation US economy
November 14, 2008

Sinking Bear Stearns: An Exercise in Manipulation

For those interested in the history and roots of today’s financial crisis, this article offers some insights you may appreciate. I found the conclusion, following some discussion of the real reason why Eliot Spitzer was hung out to dry, particularly important: Like the Panic of 1907 that justified a “bankers’ bank” to prevent future runs, the collapse of Bear Stearns has been used to justify […]

economics tax issues US economy
November 14, 2008

Signs of What’s to Come?

This story was a little chilly in that it offered a glimpse of what may come in the US and possibly Canada as well. Now, the reality is that during the 30s and 40s, very few people were paying the top tax rate, but if it’s happened before, can the basics happen again? You tell me …

disaster capitalism economics financial crisis shock US economy
November 14, 2008

US to Lose AAA Rating?

Please note that any opinions related to this or other articles on this blog do not constitute financial advice. Any action that you take should be done so only with the advice and support of a financial planner or registered advisor. The US is about to lose its AAA financial rating . The thought ‘no shit’ is the first to come to mind.  These people […]

corruption disaster capitalism economics US economy
October 28, 2008

JP Morgan Responsible for Financial Crisis?

Please note that any of these blog posts or opinions do not reflect investment advice and any action that you choose to take related to investing should be done so after discussing your ideas with a professional investment advisor. Original link This piece is pretty deep in its accusations concerning the financial crisis that we have had no choice but to become obsessed with.  I […]