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 April 2010
Greece Just Tip of Debt Crisis Iceberg: Roubini
The sovereign debt crisis will get worse and bond vigilantes could move on to even bigger economies like the United States and Japan when they are done sweeping through vulnerable European nations, according to economist Nouriel Roubini.
With government debt across the world soaring, the man who predicted the credit crunch is predicting a reckoning.
more ...
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Central Banks Aim To Reinflate Bubbles
Central banks have puffed hard to reinflate the bubbles that got us into so much trouble last time. Except the next time they burst, there'll be even less monetary and fiscal ammunition to deal with the mess. How do you cut interest rates with double digit inflation ??? How do you increase borrowing when you can't pay the interest on the current debt ???
Jeremy Grantham:
http://www.tradersnarrative.com/jeremy-grantham-on-existing-developing-bubbles-3912.html
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Jeremy Grantham:
http://www.tradersnarrative.com/jeremy-grantham-on-existing-developing-bubbles-3912.html
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Saturday, 24 April 2010
Monday, 12 April 2010
Soviet Subversion of the Free World Press - 1984
Yuri Bezmenov, a Russian born, KGB trained subverter tells about the influence of the Soviet Union on Western media and describes the stages of communist takeovers. This interview was conducted by G. Edward Griffin in 1984
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Saturday, 10 April 2010
Hayek's 'The Road to Serfdom' (1944) in Five Minutes
http://en.wikipedia.org/wiki/The_Road_to_Serfdom
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