Recent content by poborsky

5 year bond auction fails. Its already happening. http://seekingalpha.com/article/152523-u-s-5-year-bond-auction-effectively-fails

Historical data tells us that increasing money supply causes inflation. No country will be leaving EMU. There is nowhere else to go. Countries are trying to join EMU not leave it. When economists talk about withdrawing money from circulation they mean raising interest rates. This takes...

I couldnt have put it better.

The abuse has been going on since 1913. Do you think a change may be due?

Excellent analysis, and the mail reason why banks got the bailout money and the second lot and the third lot...... Insolvent companies should be allowed to go out of business. The people who run them are not capable of doing so and will ruin them again and again. 10 trillion dollars...