skip to Main Content

Change we can believe in

Recent events in Mumbai serve as a reminder, lest there was any doubt at this point, how fragile the world economy has become. The virtual center of globalization, Mumbai serves as call-center central for many of the world’s large companies. If stock traders are paying attention, I wouldn’t be surprised to see the major stock indices shed a quarter of their so-called “value” this week.

Read More..

Dodging the bullet

For those of you not paying attention to the news last week, here’s a quick summary: The United States economy nearly collapsed, taking the world economy with it. Only a quick infusion of cash by the Treasury Department prevented full-scale collapse. The problem: peak oil. The solution, such as it is: print money, sensu Weimer Republic. Ben “Helicopter” Bernanke is living up to his nickname, and he’s getting a loan from Henry Paulson.

Read More..
Back To Top