Entries in the ‘economy’ Category:

Congratulations America

Dear America,
Nicely done. You just bought yourselves a whole lot of bad debt! The big banks and international financiers thank you. But don’t worry about the debt, those Nice Government Men will take good care of your grandkids’ money. You just let your trusty banker handle your assets and leave it up to those Nice [...]

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Nutty Finances

What a crazy world we live in. Yesterday, gold staged it’s largest rise in history (11%). Gold rose as high as $920 USD per ounce. Then about 14:30 eastern time, gold crashed and stocks rallied. Stocks ended with a big up swing and the US dollar index rose 11 basis points to 78.24.
So what [...]

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Add Washington Mutual S&L to the List of Potential Corpses

The Comrades at the glorious “Soviet Central Bank”, wait, wait, I mean the “Federal Reserve” have decided that what we all need is to keep interest rates flat. What a glorious display of cowardice. Meanwhile add Washington Mutual S&L to the list of potential corpses, alongside Lehman Brothers, AIG, and Merrill Lynch.
Very slow delivery [...]

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How does foreign policy affect gas prices?

How does foreign policy affect gas prices? One important factor is that since 1973 all oil has primarily been bought and sold using US dollars. Only two leaders have gone against this arrangement - Saddam Hussein in 2000 and more recently Mahmoud Ahmadinejad. Another major factor is US military intervention in foreign affairs. International conflicts [...]

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Navigate The Falling Dollar

Navigate The Falling Dollar - Catherine Austin Fitts
This lecture, titled Safely Navigate the Falling US Dollar - Powerful Strategies for the Ethical Investor in Uncertain Economic Times was presented by Catherine Austin Fitts in Mill Valley, CA, December 15, 2004.
Catherine Austin Fitts served as managing director and member [...]

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