Mar 14, 2013
There are three major possible scenarios in dealing with Iran. (1) Iran is allowed to build a nuclear bomb, and is contained as a rogue nation, similar to North Korea. (2) The U.S.
Mar 10, 2013
The housing bubble which burst in 2008 was the biggest bubble of all time. However, some experts believe the derivatives market is more than a thousand trillion dollars, is backed by less collateral, and could be the biggest bubble.
Mar 05, 2013
Markets have become accustomed to the Fed’s monthly purchase of $85 billion in Treasuries and mortgage backed securities. What happens when the Fed stops buying and starts selling?
Mar 01, 2013
The implementation of the sequester will cut $85 billion from this year’s $3.6 trillion budget, and reduce government spending by 2.3 percent. The Federal Reserve is printing this much money every month.
Feb 28, 2013
Will German exit from the Euro and set the stage for Mediterranean Union? “Surely the Lord God does nothing unless he reveals his secret to his servants the prophets.” Amos 3:7-8
Jan 29, 2013
Some Church Patriarchs taught the world will come to an end in our lifetime. A poll shows 17 percent of Americans believe the end of the world will happened in their lifetime. 59 percent believe in the prophecies of the Book of Revelation.
Jan 24, 2013
Financial Armageddon is the anticipated climax and the end game of Keynesian economics and the implosion of the fiat money bubble which has created a bubble in world trade.
Dec 27, 2012
It is assumed fiscal cliff will be kicked down the road. However, if Iran closes the Strait of Hormuz, it will be difficult for the U.S. to keep the chokepoint open without boots on the ground.
Dec 17, 2012
The Fed has no practical exit strategy from quantitative easing. A 100 basis point increase in interest rates will cause the market value of Fed assets to fall by about 8 per cent. This would give the Fed a negative net worth.
Dec 06, 2012
The Obama administration believes it won the election and is playing hard ball. Not increasing tax rates on the rich is not an option. Democrats are willing to go over the cliff unless they get what they want.