The Approaching Winter: The Next Great Depression

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Sunday, February 26, 2006

Vice President Cheney's Take on Economics

It's really amazing the number of unqualified leaders we have in the White House. Case in point. What is Vice President Cheney thinking when he talks about making the Bush tax cuts permanent? He states, "Yet the tax relief is set to expire in the next several years. So if we do nothing, Americans... Sign in to see full entry.

Thursday, February 23, 2006

Record Debt is President's Bush and Vice President's Cheney Best Friend

The U.S. federal government is running out of money again; Dollars we don't even have. In fact, since we've become the largest debtor nation in the history of the world, more and more foreign nations own US. The Federal debt is approaching $8.18 trillion. That's $8,180,000,000,000.00 Why are we... Sign in to see full entry.

Saturday, January 21, 2006

Has the Bear Market Returned to the Dow?

Stock brokers and economists both agree a bear market is defined as a 20% dropped in indices prices from their most recent tops. With yesterday's woeful day on Wall Street, the Dow Jones was ambushed as it lost nearly 2%. This attack came as the result of very few buyers coming to the floor. Prices... Sign in to see full entry.

Thursday, January 19, 2006

Housing Bubble's Pop

The U.S housing bubble is the largest on record and the bigger this bubble becomes the worse the pop will be. Below are reasons for this extremely hard landing that will usher in the next great depression. * Increase in foreclosures. Up 13.5% nationwide in Dec 2005. * Rising rates throughout 2006.... Sign in to see full entry.

Monday, January 9, 2006

America's Consumer is Running out of Money

" Show me the money." became a popular phrase from the movie Jerry Macquire. Unfortunately, over the next few months the obvious reality for the ever spending consumer will be, " I ain't got no money ". Of course I'm talking about the middle-class and poor of America. Most of those that are rich... Sign in to see full entry.

Saturday, December 31, 2005

Inverted Yield Curve

Could this be the first real sign of a pending recession? On Tuesday of this week, short term interest rates became a better deal than long-term rates. In other words, purchasing a 2yr note or lets say a CD at your local bank is much more desirable than purchasing a 10yr note that would tie up your... Sign in to see full entry.

Saturday, December 24, 2005

Reasons for the Housing Boom

Reasons for the housing boom There are several reasons, but only one that’s at the central point of all the others. The herding/crowding effect. First, many home owners are banking on the idea that with the economic expansion we’ve had over the last 12 years, despite a mini recession in 2001, we... Sign in to see full entry.

Monday, December 19, 2005

The Approaching Winter

This entry is in response to the following commits received from my first entry. "Your patterns are self styled - The War of 1812 was a huge event in our history but depression didn't hit until the 1830's. What about the bust and boom of the 1890's with no major war? Then we had the Great War which... Sign in to see full entry.

Wednesday, December 14, 2005

The Approaching Winter: The Next Great Depression

Why is America repeating history once again? Have we forgotten our past and the lessons that history beckons to teach us? Is America doomed to repeat a time in history that has happened only three times before? A time that makes grown men cry. Many of us have forgotten that since we won our... Sign in to see full entry.

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