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13 hours ago“America is beginning to consider a new stimulus program,” said Irish television last night. It was a rainy day in the Emerald Isle yesterday.
1 day agoIreland is nearly broke. Its debt was downgraded a couple weeks ago. Unemployment is near 14%. Deflation is at 5.4% — the highest since the
4 days agoby Bill Bonner London, EnglandWe have spent the last few days holding back tears…Michael Jackson! Robert MacNamara!And now our heart goes out
4 days ago“In a fundamental shift, consumers are saving rather than spending,” notes the Los Angeles Times. This is the shift we’ve been talking about for months.
4 days ago“War Criminal says Sorry, Sobs,” was the headline in the Nation on February 9th, 2004. Robert McNamara had just done something extraordinary
4 days ago“In a fundamental shift, consumers are saving rather than spending,” notes the Los Angeles Times. This is the shift we’ve been talking about for months.
4 days agoby Addison Wiggin & Ian Mathias One table that says it all… the great shifts of 2009 Not all is well with China… exports plunge again, debt
5 days agoIt’s a Hard Life to be Rich. We have spent the last few days holding back tears… Michael Jackson! Robert MacNamara! And now our heart
8 days agoThere is little financial news today; markets in America were closed for the 4th of July weekend. So, we begin our week with a quote from our
8 days agoThere is little financial news today; markets in America were closed for the 4th of July weekend. So, we begin our week with a quote from
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