The results of a poll released today reveals that more than half of all Germans have absolutely no confidence in the euro and want to bring back their national currency, the Deutschmark.
Read more on Germany Prepares to Exit Euro as Sovereign Debt Crisis Grows…
Filed under The Economy by on Oct 7th, 2011. Comment. 
What is money?
Economist Mike Shedlock defines money through the eyes of Austrian economist Murray N. Rothbard as “a commodity used as a medium of exchange.”
“Like all commodities, it has an existing stock, it faces demands by people to buy and hold it. Like all commodities, its price in terms of other goods is determined by the interaction of its total supply, or stock, and the total demand by people to buy and hold it. People buy money by selling their goods and services for it, just as they sell money when they buy goods and services.”
Filed under Financial Planning, The Economy by on Sep 27th, 2011. Comment.
The debauching of currencies worldwide goes on with great abandon, and of course, leading the pack in the US, UK and Europe. What these countries and others are doing is awakening the hidden forces of inflation and destroying the value of their currencies.
Read more on Fearing An Even Worse Inflationary Depression Ahead…
Filed under About Your Money, The Economy by on Sep 2nd, 2011. Comment.
The so-called debt ceiling crisis has nothing to do with the government running out of money. It is about the creation of a super committee, a council of thirteen, designed to circumvent Congress and ignore the will of the American people.
Filed under Taxes, The Economy by on Aug 19th, 2011. Comment.
If you own your own business, you have no doubt begun to be affected by the recession. You just have to wither out the storm because this is the only way your business will stay afloat. If you don’t take the appropriate steps, you may have to eventually file for bankruptcy and close. Fortunately, there are things you can do to prevent this from happening.
Filed under Home Business, The Economy by on Aug 11th, 2011. Comment.
Major factors that can have a huge economic impact, short-term and long-term, are the implementation of government policies, along with the actions of the Federal Reserve. Naturally, there are many elements, main and minor, that will impact an economy. It might be a natural disaster, a war, trade policies, unemployment, availability of natural resources, and so on.
Filed under About Your Money, Stock Market, The Economy by on Aug 1st, 2011. Comment.
Construction spending lagged seriously behind the rest of the economy in the last quarter. Weakness in the construction market has yet to abate. In February, construction spending fell to levels not seen since the fall of 1999. Foreclosures and short sales are the primary culprit, as they stifle new home construction, the traditional driver for the entire industry. Post resource – Construction sector continues to hold back more robust recovery by MoneyBlogNewz.
Filed under The Economy by on May 20th, 2011. Comment.
Earlier this year, Lindsey Williams told Alex Jones the globalists would devalue the dollar and jack up the price of oil.
Both are now happening.
On Thursday, in response to the Federal Reserve’s announcement that it plans to monetize the debt and increase the money supply, economists and market strategists warned that the sickly U.S. dollar is now at risk of crashing and consumers will soon be hammered with higher prices.
Read more on Dollar Begins Crash in Response to QE2 as Gold Scores New High…
Filed under Commodities, The Economy by on Nov 7th, 2010. Comment.
There is one individual whose words about the economy carry a lot of weight. That person is Warren Buffett who has created and estimate fortune of $37 billion managing Berkshire Hathaway Company. He is the world's second-richest man, according to the "Forbes Richlist 2009".
Read more on Higher Interest Rates And Inflation Could Be Around The Corner…
Filed under The Economy by on Oct 21st, 2010. Comment.
This past week has been pretty wild on Wall Street. Thursday saw the Dow drop 1,000 points only to sharply recover. I don't believe these events are totally unpredictable when you understand the market manipulation being foisted upon us.
Filed under About Your Money, Stock Market, The Economy by on May 11th, 2010. Comment.
Gerald Celente is not your garden variety doom-and-gloom crackpot. Celente, director of Trends Research Institute, forecasted the subprime mortgage financial crisis and the decline of the dollar a year ago and gold’s current rise in May. He also predicted the 1997 Asian Currency Crisis and the fall of the Soviet Union. “We are going to see economic times the likes of which no living person has seen,” he told United Press International.
Filed under The Economy by on Mar 12th, 2010. 1 Comment.
There was yet another shock for the UK banking sector on Friday with the Lloyds Banking group making a statement stating that their losses are likely to be in the region on ten billion, yes ten billion! I keep reading that there is a good chance that the top brass of the banking sector workers are still going to receive their bonus. So how can this be? Talk about rewarding failure. So is this acceptable? In this article
I will be giving my opinion on this much debated topic.
Read more on Do the Bankers Deserve to Receive Yet More Bonuses?…
Filed under Banking, The Economy by on Feb 18th, 2010. Comment.
NEVER before in recent history have people NEEDED a product like MyWorldPLUS (MWP)as desperately as they do RIGHT NOW. With the economy struggling, people are searching for ways to save extra money each month. There is NO better way than MWP.
Filed under Saving Money, The Economy by on Dec 8th, 2009. Comment.
Why is our economy weakening?
Why is the dollar weakening?
Why are we buying so many things from overseas rather than making them?
Why are so many losing their jobs?
This full length movie explains it.
Filed under About Your Money, Banking, The Economy by on Nov 2nd, 2009. Comment.
The US economy is lurching towards crisis with long-term interest rates on course to double, crippling the country’s ability to pay its debts and potentially plunging it into another recession, according to a study by the US’ s own central bank.
Filed under The Economy by on Jul 9th, 2009. Comment.
Commentary written by By Howard Katz
Jun 29 2009
Well people, we are here. I am here. Gold is here.
But the question, dear reader, is are you here?
Gold is going to turn and punch through the $1000 barrier like it was not there. The U.S. dollar is going to drop like a stone. And yet, the vast majority of people are walking around in a daze. When I talk to ordinary Americans, they tell me that things are bad. This is their way of agreeing with the consensus media position of last fall which confuses falling prices with economic bad and buys the whole media line of that time.
Filed under The Economy by on Jul 1st, 2009. Comment.
If you listen to economists, a term they sometimes use is "quantitative easing." For most of us, we haven't got a clue what that means and as a result we really haven't got a clue about what that economist has just said.
Filed under The Economy by on Jun 2nd, 2009. Comment.
What is inflation?
Inflation is the increase in the supply of money; inevitably, it leads to higher prices. Most people are under the impression that it is increased prices that are inflation.
The blame for inflation is often — and it's miraculous that people believe it — pegged to greed, and to foreign economies. The truth is that prices rise for three possible reasons, assuming all other factors remain constant: a) an increase in the money supply, i.e. inflation; b) a decrease in the supply of the particular product; or c) an increase in demand.
Filed under The Economy by on Jun 1st, 2009. Comment.
While the mainstream media keeps our attention on $160 million in bonuses given to American International Group (AIG) executives, there are even bigger payouts being made that we don' t hear much abou
t. Consider where are the trillions in TARP, TALC and Federal Reserve Bank bailout funds going…
Read more on Keeping us Distracted from what's really happening…
Filed under The Economy by on May 13th, 2009. Comment.
General Motors was the world’s most successful automobile company – until it wasn’t. The fearful world is buying Treasuries, but not because the tax revenues of the American state are so reliable; they’re buying Treasuries because the United States is the only substantial debtor in the world that can make good on its debts with money of its own making.
Filed under The Economy by on Apr 8th, 2009. 2 Comments.
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