This is an excellent debate between two very opposite perspectives on the economy. On one hand we have supply and demand. On the other we have manipulation and regulation. We’ll let you judge who won. For your prosperity, JK Johnson via Ron Paul vs. Paul Krugman on Bloomberg TV – April 30, 2012 – YouTube.
May 1, 2012
US Economy Should Brace for European Shockwaves
There was a time when any news that came from Europe was simply interesting. It might or might not affect us. And any affect was generally nothing to be overly concerned about (excluding a couple of very nasty wars). As the world shrinks our perspective must grow. No longer do we have the luxury of [...]
April 30, 2012
Inflation Adjusted GDP Belies Sick Economy
If you go to the doctor what do you want to hear? Of course, your desire is to find out that you’ll be fine. However, would you rather hear that you’ll be fine when you’re terminal, or hear the truth so you can adequately prepare? The answer, for most of us, is obvious. We don’t [...]
April 27, 2012
IBEX Defies Logic as Economy Struggles
Spain has been gaining more attention lately. It’s not the food, the breathtaking scenery, beautiful beaches, rich history or any other of the wonderful cultural and geographic reasons we love to visit. Instead, like so much of Europe, it’s the economy. The “S” in PIIGS has seen more of the spotlight as the euro debacle [...]
April 26, 2012
“Safe Haven” – Part XII – Why Precious Metals?
In closing this discussion on safe havens, we have some reasons that metals should be considered safe havens. Suppression of Metals’ Prices As we’ve discussed on several occasions, there are efforts afoot to keep metals prices suppressed. That doesn’t mean they won’t go up. It does mean that they’re not allowed to go up according [...]
April 25, 2012
“Safe Haven” – Part XI – Where We’ve Been
We’ve covered a lot of ground over the past two weeks. So, today we’ll do a sort of recap. Tomorrow we’ll close with some final discussion on precious metals themselves. If you’ll remember, our present study began with a consideration regarding what constituted a “safe haven.” Even if you didn’t follow our series, it’s very [...]
April 24, 2012
“Safe Haven” – Part X – Play Acting a Financial Storm
Let’s run through a possible economic storm scenario. Remember, as things grow worse, thinking through financial decisions will be difficult. We’d each be under a great deal of pressure because of the challenges we’d be facing. This isn’t an “end of the world” scenario. But it is an economic chaos one, in which understanding the [...]
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May 1, 2012