rdr4

Defining a Depression

a recession is when your neighbor loses his job
a depression is when you lose your job

Defining a Depression

Stocks last forever?
Strange, it would seem that a valueless stock or a stock from an entity that has failed would not count as lasting forever.
Perhaps you are trying to sell me something.....

What the Russian-Georgian War Means for the Euro

Russia wouldn't last a week? Afganistan and Iran lasted much longer without nukes. VietNam lasted years. The US has not proven capable of finishing a war with super-lightweights or of providing a level economic environment stateside, do you actually think our government could engage a heavyweight to our benefit?
Maybe the Dalai Lama will lend us some of the $15,000 a month he has gotten from the CIA for the last 40+ years.
Maybe the US will free Hawaii. Maybe the war with Russia would last only a week without dealing a crippling blow to the world economy.
Horsefeathers!