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If this not just propaganda (which it is), and they really believe what they say (very unlikely), the Iranians are miscalculating. America can easily fire a few missiles and drop a few bombs causing great damage at relatively little cost. No need to get any ground forces involved. Also, by...

So the US should not care if the rest of the world is conquered by the nazis, commies or other maniacs? It never should have joined NATO, UN or any other international alliance / political organization? Sorry, this just doesn't work in real life. It's naive to believe "if we don't threaten...

Where to find info... 1) Which stocks are most affected by this meltdown? Which liquid, publicly-traded companies are most dependent on the lending business? So far I have gathered this list: AHM AHR CFC CHC COF DRL FNM FRE IMH LEND LUM MBI NEW NFI 2) How have these junk bonds been...

Just amazing how fast this subprime junk can fall. So credit-default swaps have widened already 1000 bps. Who can afford to take a loan at 15%+?? Bloomberg reports that Peter Schiff says the subprimes are going to zero...

Ron sounds very promising indeed. But what is his foreign policy? That there is no foreign policy? Will he let the mullahs build nukes? And anyone else too? What is the libertarian solution to evil states and mad dictators?

Check these prices & charts out. http://www.markit.com/information/affiliations/abx When the market has crashed like this, 20% or more, it's safe to say that the real estate loan market is closed. The refinance game is over. No more debt, Americans.

I believe the Dow/Gold ratio will return to one, as it was at the previous gold price peak. Or at a minimum, below 2. That would mean a 10-fold (or more) rise in gold vs the stock market.

Seems you only hear what you want to hear. You're way too early with your predictions about the end of the gold rally. Almost nobody is buying gold now, and a full mania will still take years to develop.

Was wrong about the breakout, so might as well predict the opposite now: Copper will soon fall below 2.50.

This is a buying opportunity. That central bank order will have no meaningful effect on the stock market. Why should it have?

You are obviously not aware that employment is a lagging, not leading indicator. So employment figures are the last to show any recession. Instead look at these three leading indicators: 1) Yield curve 2) Building permits 3) New car sales Each of them has an accuracy of 80-100%, and...

Exactly. I'm just wondering who really wants all that money. The Fed has allowed the money supply to grow, but there has to be someone who is taking out the loans, who? Businesses are not investing much anymore, and the housing market has cooled down, so who are the borrowers? Anyone have...

The only way money can stay in "some illiquid part of the financial sector" is if someone wants to hoard more and more cash. Perhaps the drug business and the rest of the underground economy is growing all the time, but I doubt that they are keeping any significant fraction of the growth of the...

Paul Kasriel, the excellent economist of Northern Trust, thinks the appropriate rate of money growth in a central banking system equals population growth. Of course not. They are liars just like the politicians they serve. Central bankers only prentend to care about inflation, but really...

How is THAT possible? Lose on a house in the greatest bubble market of all time? Haven't house prices in SF on average at least doubled in five years?

A paper tiger indeed. Trying to conceal their weakness with angry words. The only trouble they can cause is by sponsoring Hezbollah and other terrorists. But that is relatively little. Now that would be interesting... a western provocation. What could that possibly be? My imagination is not...

Nukes are an extreme defensive weapon. I don't think Iran or any other regime there can even threaten using them in any other situation than desperate self-defense. So I don't see an Inranian nuke as an offensive threat to anyone. But if the Israelis feel threatened, they surely are able to...

I don't think war with Iran will be such a big deal. Unlike with Iraq, there is no need to invade the country. Just a series of bombing raids and missile strikes at their nuclear sites is enough. It could all be over in one night. Since everyone needs the oil, oil fields will not be bombed...

Isn't that just what the market's supposed to do? And that email sure sounds scary. Financial weapons of mass destruction...

Good question. I don't know why VIX was so low in 93-95. Or is it "normal", and the high volatility of 97-02 an exception perhaps related to the bubble?