Some simple truths from a video almost 70 years ago. My how attitudes have changed.
Tag archives for 70
Let the carnage begin (continue??). The hopes of small and large business were dashed with the re-election of Barack Obama. Many held off making hard decisions based on the hope of sanity returning to America. When that proved to be a false hope, they did what they had to do to protect themselves from the [...]
The US continues to decline economically relative to some parts of the world, most notably those in Asia. Yet we still lead in many areas. Unfortunately being number one is some categories is not a good thing. The level of debt is one of these areas. Our debt burden leads the world. The first chart [...]
In advance of the election and what increasingly appears to be a Romney victory, equity markets have sold off. As the new week begins, futures show the slide continuing. Pre-market futures from Bloomberg this morning show the Dow Futures trading below 13,000. Markets will be closed today and possibly tomorrow as a result of Hurricane [...]
Here is another sign the Fed will act sooner rather than later regarding its next desperate action to cover up the failing economy. This one comes from Zerohedge, via Bloomberg. The comments are from Stephen Roach: “The Fed is flailing and has been flailing for the better part of the last three years. We had [...]