I'm couchsurfing Michigan and somebody posted one of my 15 presentations (so far) on YouTube. It's an updated version of my September 2011 presentation in Middleville, Michigan and I'm presenting here without further comment. ___________ A few recent interviews associated…
Three years and 185 essays into the blogosphere, I've decided it's time for a "greatest hits" essay. The best part, for you: It's only a line or two per essay, and I've selected from only a dozen essays. The best…
Not so long ago, $60 oil represented a dire threat to the U.S. (hence, world) economy. Now that we’ve seen a price spike and a rapid decline down to half the current price and one-fifth last summer’s peak, Wall Street cheers expensive oil because it profits the oil companies.
You gotta love the media, loving Wall Street for loving the oil companies.
Now that the Fed has cut interest rates as low as it dares and the economy is still in the tank, the Fed is going public with the strategy it’s been using for the last year: printing money. ‘Cause that worked so well for the Weimar Republic. The strategy led to Germany’s fall and Hitler’s rise. In the present case, it’ll probably delay a world economic collapse for a few weeks or months. But the long-term effects will be horrific. Not that any civilized government has ever cared about long-term effects.