Archive for the ‘Economics’ Category

What If the U.S. Treasury Defaults?

May 19 | Posted by mrossol | Economics, Socialism, US Debt

The Weekend Interview with Stanley Druckenmiller: What If the U.S. Treasury Defaults? – WSJ.com. Any bets on whether Obama or Bernanke or Geithner understand? By JAMES FREEMAN ‘A financial crisis is surely going to happen as big or bigger than the one we had in 2008 if we continue to behave the way we’re behaving,” says Stanley Druckenmiller, the legendary investor and onetime... Read more

The Hidden State Financial Crisis

May 19 | Posted by mrossol | Economics, Socialism, US Debt

Meredith Whitney: The Hidden State Financial Crisis – WSJ.com. Tips and icebergs… By MEREDITH WHITNEY Next month will be pivotal for most states, as it marks the fiscal year end and is when balanced budgets are due. The states have racked up over $1.8 trillion in taxpayer-supported obligations in large part by underfunding their pension and other post-employment benefits.... Read more

5 money moves one gold bug is making

May 13 | Posted by mrossol | Economics

5 money moves one gold bug is making now – MarketWatch. Buy inflation-proof stocks, buy bullion, bet against the US$, bet against US Treasuries, beware of BRIC markets…

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Why Apple is going to be worth $2 trillion

May 9 | Posted by mrossol | Economics, Technology

Why Apple is going to be worth $2 trillion Outside the Box – MarketWatch. What a company. What a ride!

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David Gratzer: Canada Makes a Right Turn – WSJ.com

May 6 | Posted by mrossol | American Thought, Economics, Socialism

David Gratzer: Canada Makes a Right Turn – WSJ.com. Where are all the analogies about the Canadian health system that we should be dying for? ========== By DAVID GRATZER In the winter of 1997, two Canadian conservatives wrote a stark essay arguing that conservative governance was an unlikely prospect for their country. The governing Liberal Party was the most electorally successful party ... Read more

Asian trio to study dollar alternative

May 4 | Posted by mrossol | Economics

They must feel that the USD is too stable? HONG KONG MarketWatch — Officials from China, Japan and South Korea agreed on Wednesday to study a proposal to use their own currencies for regional trade settlement instead of the U.S. dollar, according to a Dow Jones Newswires report.The report cited a joint communiqué issued in Hanoi.Finance officials from the three big... Read more

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