documentaryman

Economic Collapse Is Accelerating

Another way to look at it is that houses are worth zilch which allows even unemployed people to spend their money on other things than shelter. No one is talking about the fact that the post industrial economy is too efficient for any of the old economic models. All the predicted shortages of raw materials and such never materialized. Who needs a job when everything is free? Communism may be dead but so is Capitalism.

Will Obama's Plans to Pay for Deficit Government Spending Succeed?

At some point, the government debt obligations will equal the revenue coming in and then it's Chapter 11 for the great American Democracy experiment.

Let's Hear It for the U.S. Government's 0.006% Savings

A house of cards will fall, maybe later rather than sooner, but it will fall.

Laying the Foundations for a Post-Oil Age Economy

Sprawl is evil. It is well known that NYC is the most energy efficient city in this country. I believe the midsize city model, San Francisco, Boston, Paris, London make more sense and livability than super density but any of the above are better than suburbatropolis.

The Mother of All Central Banking Challenges

Accurate and insightful analysis with no solution. Perhaps the answer lies outside of monetary policy? If energy cost is the root of all inflation, then a comprehensive energy policy would do the most good locally and globally. Why aren't the governments of the world pushing for sustainable energy technology as a way to fight inflation and benefit the working man?

Bernanke Blames Saving Glut for Housing Bubble

Could it be that the Housing Bubble was caused by a combination of artificially low interest rates (the Fed) and the tax policy that virtually eliminated capital gains tax on residential housing sales (Washington) plus the sub-prime mortgages (Corporate Greed) that tried to ride these trends to mega-profits? When you say eliminate the Fed, don't you mean the whole Washington feeding trough?

The Current Economic Predicament: Lessons from the 1970s

Our free markets are hardly free. The rampage of greed brought about by misguided federal tax and stimulus policy can only be undone, as the article states, by conservative and recessionary, if not deflationary, fiscal policy. However, with the federal government in an election cycle and dead set on easing the pain of realistic decisions despite the cost in deficits and to the currency, we can only expect the downward spiral to continue until it comes crashing down on itself.