Monty Pelerin's World

The following represents a comment received on the post The Wealthy Beg. I thought it important enough to deserve a post. It provides an explanation of SIPC and how it [...]

Image via Wikipedia Washington is cleaning up the airline industry with more regulation. NOT! This latest example of Washington intervention is more patently absurd than others. All are absurd; this [...]

A Wall Street Journal article reported: “The Treasury said it will borrow $200 billion and leave the cash proceeds on deposit with the Federal Reserve, reviving a program that will [...]

Some humor received via an email. As in most humor, it works because of the element of truth contained within. Sad but true: Stimulus Checks Explained Sometime this year, we [...]

For investors or just curiosity-seekers, how we escape from the economic mess is of interest. Jim Puplava at FinancialSense.com stated: “I believe that getting the inflation/deflation story right is the [...]

Image via Wikipedia Image via Wikipedia Obama announced his new budget, which exceeded most people’s expectations regarding spending. The deficit is likely to be worse than projected because of rosy [...]

I sure would like to know the rationale behind this “deal” as reported in an article in the WSJ. The U.S. is going to lend billions of dollars to Brazil’s [...]

The strains on the International monetary system are increasing. This system was never sustainable. It replaced a system that had broken down. And that system had replaced another phony international [...]

Here is a good collection of articles from Chris Martenson’s site. These articles show no green shoots, and in no way are consistent with what the government wants you to [...]

Image via Wikipedia Rosenberg is Right-On. Here is his daily email with links to the full piece. The only part that I might take issue with is his contrarian play [...]

Any Econ 101 student would flunk the course if he showed the aptitude of this Administration regarding basic economics. It is likely most Americans have never taken an economics course, [...]

David Rosenberg’s morning post is always worthwhile. I particularly liked this reminder/warning: “there is still so much debt that is still being supported by questionable collateral.” And this comment: “we [...]