Illusion of Prosperity

I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.

Tuesday, March 10, 2009

Jeremy Siegel Strikes Again!

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Inflation Isn't Inevitable For anyone who has studied monetary theory, those numbers sound ominous. There's no doubt that inflation ...
8 comments:

Why Did Madoff Do It?

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Motive in Madoff case murky as expected plea nears NEW YORK (Reuters) - The U.S. government has brought a massive case against Bernard Madof...

Pinning All of Our Hopes

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Street Celebrates Citi Profitability "It says something if we’re pinning all of our hopes on a one-dollar stock rising over 25 cents,...
Monday, March 9, 2009

2nd Half of Year Recovery Postponed Again

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Let's work our way through the 2nd half of year ponements to date. July 17, 2007 Who's Afraid Of China? A gradually weakening dolla...

$50 Trillion Lost

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'£35.7 trillion' lost by recession In a study commissioned by the Manila-based lender on the impact of the financial crisis on emerg...
1 comment:
Friday, March 6, 2009

Long-Term Unemployment Trends

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February Job Losses: Have We Hit Bottom? The 651,000 jobs lost in February was not as bad as some feared, but it turns out December and Janu...
4 comments:
Thursday, March 5, 2009

Crappiest Advice Ever

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Don't panic; get a financial adviser (Liz Pulliam Weston) Frightened Americans are making lots of stupid moves with their investments ri...
4 comments:

England's Monetary Printing Press

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What on earth does the Bank of England do now rates are near zero? Just as the Bank or Government always do when they buy assets, they fund ...
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