Recent content by joash99

Oh yeah! It's different this time. We've heard that one before...

I have a better plan 1. Small government 2. Lower taxes 3. Free markets

Here's a [boring] video for those who doesn't believe in peak oil and are clueless about what's an exponential function. http://www.youtube.com/watch?v=F-QA2rkpBSY

You would make a great risk manager...

I don't know how accurate it is, but here's an estimation of the M3 money supply: http://www.nowandfutures.com/key_stats.html

invest in QQQQ daytrade QLD

I disagree. A wrong monetary policy led to a weaker dollar, which is one of the main reason why oil increased so much in price during the lasts few years.

Furthermore, the reintroduction of a cheap-credit policy at this stage could only hinder the necessary liquidation of unprofitable investments and company reconversion. It could even wind up prolonging the recession indefinitely, as occurred in the Japanese economy, which, after all possible...

Financial Crisis and Recession Daily Article by Jesus Huerta de Soto | Posted on 10/6/2008 The severe financial crisis and resulting worldwide economic recession we have been forecasting for years are finally unleashing their fury. In fact, the reckless policy of artificial credit...

http://www.financialpost.com/news/story.html?id=870688

How far this will extend must at present be a matter of conjecture. A great deal must in any case depend upon the situation of the banks. The one influence that could throne back the full brunt of the speculative collapse upon industry and produce a real depression throughout the country would...

Here's an article that have been published in The Economist not too long after the begin of the financial turmoil of 1929 that will ultimately lead to the great depression. This article could almost have been written yesterday. Enjoy! From the archive Reactions of the Wall Street slump...

Fears emerge over Russia’s oil output By Carola Hoyos and Javier Blas in London Published: April 14 2008 22:10 | Last updated: April 14 2008 22:10 Russian oil production has peaked and may never return to current levels, one of the country’s top energy executives has warned, fuelling...