All Posts Tagged With: "credit"
Why trust Paulson and Bernanke to run an insurance company
New York Times 9/17/08
The central bank has also transformed itself almost overnight into the Fed Inc. by essentially taking over American International Group after already taking on hundreds of billions of dollars in mortgage securities to help ailing financial institutions.
Instead…
19Sep2008 | The Real Deal | 0 comments | ContinuedEND OF AN ERA?
There is no doubt in my mind that since the early 1970’s the global economic boom has been largely financed by an ever-expanding quantity of money and credit. Once gold was removed from the monetary system in 1971, central banks…
13Aug2008 | Daily Reckoning | 0 comments | ContinuedLovable, Moronic Capitalists
We’re still here, listening to presentations by various financial analysts…trying to make sense out of things…and reporting to you directly from the floor of the Vancouver investing conference.
Up on stage, our old friend Paul van Eeden is explaining why the…
27Jul2008 | Daily Reckoning | 0 comments | ContinuedTHE BIGGEST TRANSFER OF WEALTH IN HISTORY continued…
This week began with alarm bells. First Bridgewater Associates broke the glass and pulled the handle; it said the conflagration in the credit markets might lead to losses four times higher than previous estimates - at $1.6 trillion. A lot…
12Jul2008 | Daily Reckoning | 0 comments | ContinuedThe U.S. Economy’s Uncertainty Brings Opportunity for Investors in the Months to Come
With a wheezing economy that’s struggling with housing and credit problems - as well as a weak dollar - it’s clear the United States won’t be in the investment spotlight this year.
But don’t despair. Because a trend that has long…
7Jun2008 | Money Morning | 0 comments | Continued

















































