Deflation, not inflation, is in the dice.
To think a U.S. implosion won't cripple every other country in the world is naivete at its finest.
China has survived so far by blowing 1/3 of the surplus nut to subsidize domestic consumption, as their exports to the U.S. have dropped 40% due to...
U.S. Debt Crisis May Cause âFall of Romeâ Scenario, Duncan Says
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http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJ6jnKWHrQgI
By Patrick Rial
Sept. 23 (Bloomberg) -- U.S. budget deficits will continue to pile up in the next decade, eventually...
The fact that anyone would rate this less than 5 stars proves there are Wall Street slimebags here who are afraid for the future of their firms and their jobs.
Wall Street douchebags.
Luxury Hotels in U.S. Risk Default as $850 Rooms Remain Empty
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http://www.bloomberg.com/apps/news?pid=20601109&sid=a63JiZ2hVDwA
By Nadja Brandt
Sept. 24 (Bloomberg) -- Luxury hotel owners risk defaulting on their debt as the recession cuts occupancies...
That's awesome. I love this guy. He's 100% right.
Two things are killing the U.S.: Joblessness and debt.
Debt is the dirtiest four letter word in the English vocabulary.
Is that really you in the backseat of the taxi?
Idiots.
This is proof positive we're going to have another crash.
The government is desperate.
By "crash," I mean massive economic crash, with the banks at risk again, because they never really recognized their losses.
Swig is close to bankruptcy
By JENNIFER GOULD KEIL
Last Updated: 2:36 AM, September 24, 2009
http://www.nypost.com/p/news/business/swig_is_close_to_bankruptcy_0cLY6oKfN29irBsKRglpxN
Developer Kent Swig is close to filing personal bankruptcy because he can't afford to pay a recent $28...
I'm saying he was cheerleading for McCain all through the campaign, and after literally comparing Obama to Stalin & Pol Pot, it's pretty incredulous for Beck to now say he prefers having Obama as POTUS vs McCain.
I'm saying he's either mentally ill or unfathomably disingenuous.
Beck can't even keep right wing extremists on his side for very long, he's so frickin' delusional.
Without commenting on the merits of his statements, does anyone else legitimately think that Beck isn't just saying what he's saying for ratings, and that he might be mentally ill, either with...
FDIC Is Broke, Taxpayers at Risk, Bair Muses: Jonathan Weil
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by Jonathan Weil
http://www.bloomberg.com/apps/news?pid=20601039&sid=aEKc7Yh8ogXw
Sept. 24 (Bloomberg) -- The FDICâs insurance fund is going broke, and Sheila Bair is wondering aloud about how...
Faber is right.
Bernanke is a criminal leading a criminal enterprise.
The Federal Reserve Bank should be sacked like Rome was, and burnt to the ground; the members and backers should be tried in a court of law for criminal conspiracy and racketeering.
U.S. Stocks, Commodities Retreat, Dollar, Bonds Gain After Fed
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By Rita Nazareth
Sept. 23 (Bloomberg) -- U.S. stocks fell, led by commodity producers, as the Federal Reserve failed to boost confidence that the economy has begun to strengthen. Treasuries rose...
Unless you work inside a high level department of government and have access to information few others do, can't you say the same about yourself?
I believe that those who claim Bernanke has gone way too far with his quantitative easing, and that he's merely postponing the medicine, thereby...