I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???

Tuesday 27 July 2010

Aussie house bubble next to pop ?

The Broyhill Letter (Q2-10)

------------------------Check out the rest of this blog here.

Friday 16 July 2010

Milton Friedman 1980 Documentary: Free to Choose

Free To Choose was an award winning PBS television series featuring the Nobel Prize-winning economist Milton Friedman. 10 films make up the series, each featuring a short documentary where Milton Friedman presents his views on a given topic followed by a discussion and debate with various participants including politicians, academics, business people, et al.

In general the views expressed are contrary to the status quo of government involvement in daily life. In fact at the time the series was first aired it was given poor time slots by station managers that did not want it broadcast, and the program was even banned in France. Despite this suppression, the series went on to become a smash success leading to the best selling non-fiction book of 1980 and a follow-up series in 1990



































------------------------Check out the rest of this blog here.

Monday 12 July 2010

Saturday 3 July 2010

Derivatives make BP too big to fail



In fact, there isn’t that much of a difference between BP and Lehman Brothers – both have been among the major players in the unregulated $615 trillion OTC derivative market. If BP is forced to file for bankruptcy, it will probably have an even greater negative impact on the financial markets than the Lehman failure caused.

http://econotwist.wordpress.com/2010/07/02/so-you-thought-bp-was-an-oil-company/

http://usawatchdog.com/pedro%E2%80%99s-nightmare-bp-scenario/


------------------------Check out the rest of this blog here.

Scariest job chart ever




------------------------Check out the rest of this blog here.

Warren Buffett Watch

Amazon UK Picks