montross515

How the U.S. Government Is Footing the Stimulus Bill

The logic of this article is widely used by other writers, and if true, we are all going to face some tough times. What is tough? Well, revolutions have started over tough times. The USA has over 250 million handguns and a real unemployment rate of probably 13% or more right now. Double that percentage and we might begin to see what is tough.

The Deflation Debate Continues

Inflation doesn't have to be produced by consumers. The water heater I bought at Home Depo three months ago was $214 and yesterday as I bought another was $269. I don't think a lot of water heaters were in demand, it's just the cost of production working into the system. Things won't sell for less than costs, and costs in China are going up.

Has the Dollar Bottomed?

One bankrupt to his wife, "We are actually pretty well off; that guy over there owes his creditors ten million and we are only under water by $250,000."

Broke is broke.

If you think the USA is going to walk tall out of a situation where we produce very little of value and consume twice our income, please sell me your gold, or better yet, your silver. Little metal coins can't be important like a big roll of $100s.