Mike Ruppert’s new documentary “Collapse” and his book “Confronting Collapse: The Crisis of Energy and Money in a Post Peak Oil World” are getting a lot of attention around... »
11-year-old spends $44 million on Dubai homes
Sometime early last year, an 11-year-old boy from Azerbaijan became the owner of nine waterfront mansions in Dubai. I don’t even think I could afford the front door of... »
Andy Xie: A Change of Mindset
As many have said before him, Andy Xie argues the stimulus packages have simply pushed true economic reform into the future. Post bubble economies need time to heal –... »
An Asteroid Killed the Dinos After-all
After careful review, a single 10km wide asteroid impact near the Yucatan remains the best explanation for the mass extinction that occurred 65 million years ago. The impact spewed rock... »
UK Politics Intensifies Budget Crisis
“If you really want a fiscal problem, look at the U.K.,” said Mark Schofield, a fixed-income strategist at Citigroup. “In Europe, the average deficit is about 6 percent of... »
Bill Gross Discusses Jobs Report
The bond king discusses the surprisingly good jobs report. »
CBO Ups Deficit Estimates –> 90% of GDP by 2020
Guess what…what was once a terrible forecast that included a decade of deficits is now officially worse. The CBO ups its deficit forecast, raising the US debt estimates from... »
The Wise Investor
An interesting little newsletter featuring multiple views by BNP Paribas. The Wise Investor March 2010 Sundaram BNP Paribas Asset Management »
Saving $$: The Latte Factor
This is a simple concept, but sometimes I need to remind myself of this simple way to save $$$. Let’s say I spend $5/day on lattes every day. That equates... »
Rogoff: Japan’s Slow-Motion Crisis
Ken Rogoff, who recently wrote a book on financial crises and recoveries (This Time is Different: Eight Centuries of Financial Folly), published an article on the never-ending Japanese recession. Nobody... »
New Jersey Gov. Christie on State Budget
New Jersey governor, Chris Christie, gave a well-received speech to about 200 mayors from across the state. Christie presents a plain view of the budget crises facing many states... »
22 Questions for Wilbur Ross
A great first question for all the budding entrepreneurs out there: What’s the biggest business blunder you’ve ever made, and what did you learn from it? Waiting until I was older... »
Life Lessons from an Ad Man
Advertising adds value to a product by changing our perception, rather than the product itself. »
Classic Forecast Fail. From Argentina to Russia
Debt crisis after debt crisis we see the same thing. Reassuring words followed by collapse. Lesson: take what the ‘experts’ say with a grain of salt. »
Shell & Peak Oil
Shell CEO Peter Voser, addressing an audience at The Wall Street Journal’s ECO:nomics conference in Santa Barbara, Calif., answered a question about peak oil: …despite developments in technologies such as... »
Threat Finance
“What strikes me now is how nothing has changed;no lessons were applied. Even though the lessons were obvious, in 1998.” The general council of LTCM speaks: Rickards Interview – »
Economists: Another Financial Crisis on the Way
We’ve put humpty back together again. See! He looks great, sitting on the wall…you can’t see the tape and glue underneath his flashy new clothes. All we had to do... »
Guest: Back at par
Guest Post by: Bulls, Bears & Pigs The market is now essentially back to break even for the year. I continue to believe we will see sideways action for at least... »
We’re all PIGS now
The financial crisis of 2008 stemmed from cheap money, but was pushed over a cliff by expensive energy. Rising gas and food costs were the catalysts that squeezed consumers who... »
The Morning Paper
1. Tomorrow’s Wars 2. Is China trying to “lock up” natural resources around the world? 3. Detroit homes sell for $1 4. The Retirement Lottery »
20 Fastest-Growing Jobs
As reported by the US Department of Labor, these are the top 20 fastest-growing jobs from 2008-2018. Table 1. Occupations with the fastest growth Occupations Percent change Number of new jobs (in thousands) Wages (May 2008... »
Last Economic Expansion Only Benefited the Rich
Here’s yet another piece of evidence supporting the theory that the US is turning into a banana republic: during the last economic expansion 2/3 of income gains went to... »
7 Deadly Sins of Fund Management
Re-visiting a report by Dresdner Kleinwort Wasserstein that tore the fund management business a new one back in 2005. This report explores the common behavioral mistakes made by investment fund... »
Anatomy of a Debt Crisis
With Greece announcing cuts that will reduce its budget deficit by 2% of GDP, it is important to step back to see how the country got here. Greece’s austerity... »
State-by-state figures on who could lose unemployment benefits
US Labor Department releases state-by-state figures on number of Americans who stand to lose unemployment benefits without congressional extension of program Press release by US Labor Department WASHINGTON — The U.S.... »
Beige Book Summary
Full Report Plan B’s Summary of the Summary Mixed results. Moderately positive in some areas. Fed’s Summary Prepared at the Federal Reserve Bank of Kansas City and based on information collected on or... »
[Dirty] Coal Demand to Remain Strong
Turn off your TV for a second. Cut out the noise from the marketers out there trying to position their products and companies as environmentally friendly (eco-this and green-that).... »

