 The Claude Rains Recovery“No Recovery?” In the best Claude Rains fashion, “I am shocked, shocked!” There is no economic recovery, and there will be no economic recovery this year and probably not next. [...] |
 Unemployment 12 – 13% PLUSImage by Seattle Municipal Archives via Flickr David Rosenberg posts today on unemployment, estimating it going up to 12 – 13%, as measured by U3. It is currently 10.2%. Another [...] |
Friedrich Hayek
How Hyperinflation Occurs: Hyperinflation does not occur slowly. Nor is it preceded by a bell ringing or an article warning you...
The Economic Crisis is Only a Symptom: There are few economic problems that don’t originate in politics.
Originally, economics was known...
Faking Our Way to Sovereign Bankruptcy: As political events in Egypt play out, including likely contagion to other parts of Africa and the M...
Twenty-Nine Reasons to Be Angry And/Or Scared:
If you're not both angry and scared at the world's current situation, you're not paying attentio...
Retirement, For Whom?:
... your $200,000 ten years ago has been halved in terms of purchasing power. However, in terms of...
The Dems Little Bighorn: Custer's Last Stand
Democrats are in deep trouble. The November election results were devastating, ...
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