Number Two is back and hosting Take My Stock and looking for revenge after yesterdays disastrous interview with Maria Bartotonytromo. The two stars move into the studio and the sides are switched. Watch Number Two interview Maria and see what unfolds…
We can only cut debt by borrowing
“Let us approach the issue of de-leveraging – or debt reduction – analytically”, argues The Financial Times’ columnist Martin Wolf:
Between 1994 and 2007, total US non-financial private debt rose from 118 per …
Longtime readers here may remember that I bought AIG bonds in November of 2008, right after the government bailout, at 59.
Just sold them today – at 100.60 (103, including accrued interest) If you include the 2years worth of interest, it was almost …
Its the savers who are to blame.
My link
“So why hasn’t it worked just when we need it most? My theory is that the Keynesian apparatchik in both Japan and the US welcome economic and financial crises as great opportunities to grab power. So they come to our rescue with massive spending prog…
http://quotes.ino.com/chart/?s=FOREX_XAUUSDO
Just saying
Weak October- strong November- ?
Link to hour interview
Hugh does not lack self-confidence, but he handles this interviewer quite well, IMO.
Not left vs. right, but rather corporations vs. individuals
I remember wondering why he endorsed Ben’s stimulus. Now he does too…
“I apologise to readers around the world for having defended the emergency stimulus policies of the US Federal Reserve, and for arguing like an imbecile naif that the Fed would no…