Mr Obama, Please Don’t Read This
US Companies Build Massive Cash Reserves Based on Economic Worries
Wall Street Journal - U.S. companies are holding more cash in the bank than at any point on record, underscoring persistent worries about financial markets and [...]
California’s Crash Omen of Nation’s Future
Borrow and Spend = Crash and Burn
California has always been the trend setter for the nation but never more so than today as it totters on the edge of insolvency. The theory that States or Nations cannot [...]
America’s Triple A Credit Rating - At The Precipice?
Black Swan Events Becoming Routine
Our Nation has avoided the decline into the abyss that many have been predicting during the economic crisis. At the cost of approximately $13 trillion in government bailouts and guarantees the system has [...]
Chinese Likely To Halt Purchases Of US Treasury Debt
Nervous Times In China
The Chinese are learning the hard way about an old American banking story. The man who owes the bank $50,000 dollars on a secured loan may lay awake at night worrying about how [...]
Notable Links
Straight Talking Common Sense
Obama Must Destroy Detroit, So America Can Live - Evan Newmark
Dear President Obama,
Who said life was fair?
You’re in office less than a month and the markets already hate your presidency, your Treasury secretary and [...]
Government Bond Buyers Demand Higher Yields
Massive Government Borrowing Raises Repayment Doubts
As governments worldwide attempt to sell massive amounts of debt, investors are beginning to question whether they are being properly compensated for default risk. The assumption that government debt is risk free [...]
