Monty Pelerin's World

Ann Barnhardt closed her brokerage firm and submitted a damning letter as to why. She has been interviewed by Jim Puplava and provided a “pull-no-punches interview. Here is an excerpt of [...]

It is easy to be branded a Cassandra when one has nothing but negative forecasts. So be it, it is what I see and believe. Both as a defensive measure [...]

John Rubino speculates on a world without Goldman Sachs and other TBTF financial institutions: If Goldman Sachs, JP Morgan Chase, Deutsche Bank, Crédit Lyonnais and five or six of their [...]

Goldman Sachs isn’t bullish on America. Indeed, they are warning about misplaced optimism. As explained by Zerohedge: The recent brief uptick in economic high frequency indicators got you up? Feeling [...]

Warren Buffett is, or at least was, considered an American original, an investing genius and a straight-shooting midwesterner with all the character and values that made America great. His foray [...]

Matt Taibbai stated the following in Rolling Stone Magazine Thanks to an extraordinary investigative effort by a Senate subcommittee that unilaterally decided to take up the burden the criminal justice [...]

The future is always unclear. It is very much so today as we are at an inflection point in history. I suspect that we will see all developed social welfare [...]

In an article entitled “The con of the century – Federal Reserve made $9 trillion in short-term loans to only 18 financial institutions. Since 2000 the US dollar has fallen [...]

A reasonable summary of our current situation from James Quinn: “The banking system is insolvent. The consumer is dead. The housing market is still crashing. Unemployment is going up. Consumer [...]

Below is a link to a wonderful collection of forecasts for the New Year from The Big Picture. It includes forecasts/commentary from Wall Street Banks, Hedge Funds, Investment Advisors, as [...]

FINANCIAL OLIGARCHY RUINING THE ECONOMY “… recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re [...]

Image via Wikipedia A similar view to the AIG-Geithner post made earlier where I stated: “It seems to be that Tim Geithner, with regard to this matter, was either incompetent [...]