Britain’s Queen Elizabeth II has canceled this year’s palace Christmas party because of the current economic climate, a spokesman said Thursday.
http://www.cnn.com/2010/WORLD/europe/10/14/england.queen.christmas.party/index.
html
The spokesman did no…
Point – Counterpoint
Default is positive! The children will be set free!
From Gary North:
“Americans can declare bankruptcy and start over. This is an important tradition. The Bible had this system (Deut. 15:1-2). That which Americans have retained…
Consumers paying off debt? Nah! We are not yet a nation of prudent
“What became patently obvious last week when the American Bankers Association released second-quarter data on the nation’s credit picture is that the “good credit behaviors” we…
As a Canuck living in Mexico, the strength of the Canadian loonie is music to my ears.
As an aside, Mexican cerveza is good….but it’s tough to beat Canadian beer!
The latest on the loonie…
Canadian dollar nears parity again, and this time it c…
Oct. 12, 2010, 12:35 p.m. EDT
Goldman ups 12-month gold price forecast to $1,650
SAN FRANCISCO (MarketWatch) — Goldman Sachs Group Inc. has raised its 12-month price target for gold to $1,650 an ounce, saying the return of quantitative easing is lik…
Some of the comments in the article below confirm the existence of and entry into a third bubble within the last decade. I couldn’t get past McFly and had to puke, so sorry. After reading this I know without a doubt, we will crash again. A gut wrenchin…
As he watches Bernanke keeping rates at zero and driving down the greenback, Hoenig is apparently mad as hell and won’t take it anymore…
(Reuters) – Kansas City Federal Reserve President Thomas Hoenig, who all year has steadfastly opposed the Fed’…
I don’t thing John Boner, I mean Boehner, would be very popular in France. (Boner wants to raise social security age to 70 in US).
Sarkosy not very popular with raising retirement age
Booyaa, skidaddy.
Sometimes being a pessimist is simply being a realist……..Here’s an excerpt from a Bloomberg article, followed by the link….
What optimism there is about the immediate future doesn’t carry over to the longer term. Pluralities of those polled s…
