Eveyone seems to be completely focused on the terrorism activity and potential for more coming from various sources and conditions. While everyone has their eye on that ball, and with justification, the financial situation has definitely taken a turn for the worse today!
A decent sized junk bond fund froze redemptions today. This is a […]
While I might disagree with Richard on the exact levels and timing of the ‘downturn’ I really can’t disagree with his end game scenario. If you haven’t been paying attention to the world finance game, it might be time to start! The powers that be are running hard and are trying to throttle Greece. I […]
Some bond funds are beginning to accumulate cash, some as high as 10% of assets, which doesn’t sound like much but when you are talking billions, it adds up! These money managers are starting to get ‘defensive’ in light of the FED’s talk of raising interest rates which will cut the value of bonds…Of course, […]
This is just enough to make one sick! First the TPP fast track was ‘defeated’ by a nice margin then passed by the same margin! It only took just over a million dollars to get that done! All the money spread around the senate to convince the esteemed members to change their minds! Folks this […]
The saga continues, illegal immigration leading to more births to more ‘U.S. Citizen’ with loyalty to their own ethnic group. Added on top a bunch of buffoons that are loyal to big corporate interests and/or money and you get what we have today-a complete mess, to put it simply. Read more on illegal immigrant births […]
Great article on where you might put your money to avoid confiscation etc. Read here
It is now official I suppose, finance and money are now weapons of mass destruction. You can see it in the price of oil directed at the destruction of the Russian economy and I am sure that the intelligence community tracks money flows to and from ‘terrorist’ groups. If this is true, then we could […]
I haven’t been posting too much over the past several months as things in our country continue to deteriorate at the usual pace, fast and un challenged!
The economy is fragile and the ‘medicine’ that Ben Bernanke is giving the ‘system’ will soon become the poison–it is inevitable. This is not just me spouting […]
As the can tumbles down the road, we are now hearing that the Euro is showing signs of some deeper issues developing. At first the Euros flowed from the troubled nations to the core now the capital flows are outward, from the Euro to outside currency havens.
The Euro has lost 8% against the […]
Check out the five states with the most homes in foreclosure: […]