Food for thought. A provactive write-up of what’s going on with our economy and where we are headed. Basically, make way for the Amero. In summary: Over time, a much lower US standard of living and a significantly devalued US dollar will make it much cheaper to manufacture in the US again, and 15-25 years…
Tag: Inflation
Bush knows best
Let’s see, Bush says the country is not head into a recession. Yet today, the market fell 315 pts on recession fears, oil pushed past $103 for the first time, the dollar hit another low against the euro, US Midwest manufacturing activity “plummeted” in February, consumer setiment slumped to a 16 year low. Yep, Bush…
Stagflation = Start Saving Your Money
Stagflation = Stagnation + Inflation. Which is where we are heading right now. It means, high prices for food and commodities, while at the same time, there’s no economic growth, no job growth. It also means, start saving. Hold off on big ticket items if they’re not necessary. Cut short the vacation, maybe start thinking…
Bernanke’s State of the Economy Speech
A bleak view of the state of our economy: Bernanke’s State of the Economy Speech: “You are all Dead Ducks”
The Next Great Depression
Although the author advocates Ron Paul for president, who I doubt will get the nomination, he explains here why we’re heading into the next Great Depression, why we may be heading into WWIII with Iran, how inflation is likely, and how we will no longer be the world’s superpower.