Recession, Depression, Deflation, Inflation, Collapse or Recovery? [View article]
Bob Chapman's storyline just does not make sense . . . the banks have not been openly lending money to main street businesses for quite some time now . . . how and why would the Federal Reserve place conditions on TARP funded banks to be more restrictive . . . so much so that would almost guarantee a negative event being triggered which could cascade out of control?
On the other hand, it didn't make sense when two close friends told me that their bank issued credit cards had raised their annualized interest rates to 30% with no forewarning and no grace period on the existing personal debt incurred.
Presenting an economic environment as ' a recession unlike any previous recession ' allows an individual the opportunity to claim 15 minutes of fame and possibly maneuver into a profitable position . . . at the expense of others yet to preform due diligence to research.
Recession, Depression, Deflation, Inflation, Collapse or Recovery? [View article]
On the other hand, it didn't make sense when two close friends told me that their bank issued credit cards had raised their annualized interest rates to 30% with no forewarning and no grace period on the existing personal debt incurred.
CPR for the Dollar? Try DNR [View article]
1990 All Over Again? [View article]