Line U-6: A Sell Signal for Bulls and Bears [View article]
In theory the author is right however, as somebody else also pointed out, do not underestimate the power of all over the globe printing presses, churning out the paper currany. one thing is certain that we are heading into an extended phase of hyperinflation sooner or later.
The U.S. Credit Crisis: Major Paradigm Shift [View article]
Sorry I should have put the reference I got the US debt and obligations numbers (265 trillions from Dr. Weiss website (www.moneyandmarkets.co..., and www.moneyandmarkets.co...). According to Dr. Weiss of Weiss Research the total US debt and obligations is 265 trillions, 20 times the total economy of USA ($49 trillion in interest-bearing debts, according to the U.S. Federal Reserve Board, $50 trillion in federal contingency debts, according to the Government Accountability Office (GAO), and $164 trillion in derivatives, according to the U.S. Comptroller of the Currency (OCC).
Line U-6: A Sell Signal for Bulls and Bears [View article]
The Perfect Storm: Semi-Annual Economic Review [View article]
The U.S. Credit Crisis: Major Paradigm Shift [View article]