Wealth Wire Archives
Economy ArchivesThe Fed is Injecting High Grade Monetary Heroin into the System - 2010-11-05
Here is an absolutely must watch clip from David Stockman, director of the OMB under Ronald Reagan, in which he discusses the Fed and its policies aimed at appeasing Wall Street.
Real Estate Prices Have to Fall So That They Can Then Rise and Boost the Economy - 2010-11-05
"That seems to be the argument in a Washington Post column..."
The Housing Correction, Version 2.0 - 2010-11-04
"For the folks losing their homes, I'm not sure if 2011 is going to be their year..."
Schiff: How to Keep your Head above the Dollar - 2010-11-04
The "idea that the economy is weak because interest rates are too high is laughable," he says.
Fed's Quantitative Easing to Starve Middle Class Americans - 2010-11-04
Once again, the Fed announces that it will be using more money for quantitative easing to prop up the stock market, but this will simply put a hurt on the American middle class.
Bank Stupidity: Wells Fargo Repossesses Paid Off Car - 2010-11-03
First, a bank repossesses a paid off house, now this...
Fed Shock: What Could Go Wrong - 2010-11-03
On the anticipation alone, prices for food, oil, and other commodities have been surging. This move "sets up another more dangerous bubble."
We've Voted... Now What? - 2010-11-03
"These realities make it necessary for Washington to resist two years of gridlock and policy paralysis..."
Republican Victory May Keep the Bull Around Longer - 2010-11-03
Should block any plans to raise taxes and impose stricter regulations on businesses...
Obama Shock: White House in Talks to Cut Taxes - 2010-11-02
And it only took the idea of a Democrat routing to get here...
Three of the Most Terrifying Charts Ever Seen - 2010-11-02
The credit market debt in the United States is at unprecedented levels, and these charts prove how broke we really are.
Alarming: The PIIGS Crisis is Back - 2010-11-02
Despite the fact that we're on the verge of a new PIIGS crisis, the euro is totally unmoved. Something to think about as it's been moored to a $1.39-$1.40 range forever.
This will Mark the End of Dollar Hegemony... - 2010-11-02
This plan is like that of the Bank of Japan after its bubble burst...
Elections 2010: What the Economy Really Needs - 2010-11-01
"Modern American history suggests that this is the best of all worlds..."
What to Watch for Tuesday Night - 2010-11-01
"Not even their mothers expect Democrats to gain ground..."
Bond Nightmare: Goodbye, Great Bond Bull Market - 2010-11-01
"Check writing in the trillions is not a bondholder's friend..."
QE2 is Just Another Bank Bailout... - 2010-11-01
There is "no fundamental reason for stocks to move higher due to the program..."
The Worst Housing Indicator Ever? - 2010-11-01
It's "one of the most misleading of housing industry reports..."
Those who say things going poorly higher than 1994 or 2006... - 2010-11-01
"Voters appear poised to take it out on the Democrats on Tuesday..."
What if a U.S. State Defaults? - 2010-10-29
"A large US state can't come up with the cash to make a bond payment"
Shock: United States is in worse shape than Greece - 2010-10-29
"Would require an immediate and permanent doubling of our personal income taxes..."
U.S. Actually Grew in Q3 2010 - 2010-10-29
"The economy is recovering, but recovering at an anemic pace..."
Die and Get a Piece of a Billion Dollars? - 2010-10-29
$18 million in stimulus funds was sent to 71,688 dead people...
Five Dangers To Global Crops That Could Send Food Prices Screaming Higher - 2010-10-29
"They have been absolutely soaring... there are huge warning signs on the horizon."
French Protesters Call for December 7th Bank Run - 2010-10-29
French activists are calling for a run on banks, as more people are becoming fed up with the global economy. With already 7000 pledging their support, this shouldn't end well.