The Wizards of Wall Street
Occupy Wall Street's Agenda: Hurt a Horse and Poop on a Cop Car? (external link)
PJTV, 20 October 2011
What do the Wall Street protesters want?They attacked a police horse, and one guy reportedly defecated while leaning against a police car.
Peter Schiff: QE2 is the Reason for Recession (external link)
The Daily Bell / Russia Today, 2 September 2011
The Federal Reserve is believed to step in again with more quantitative easing, but is this really the solution to the US' economic problems?
Growing the economy for dummies (external link)
Richard Rahn, 30 August 2011
The surprising thing is not that the richest pay most of the taxes but that the U.S. has nearly the most progressive tax system in the world.
World's Biggest Financial Fraudsters (external link)
Richard Rahn, 9 May 2011
Financial fraud is one or more intentional acts designed to deceive other people and cause them financial loss. Who is the world’s greatest financial fraudster? Bernie Madoff? Not even close.
The responsible, the timid and the ugly on inflation (external link)
Richard W. Rahn, 4 April 2011
A three-way donnybrook will determine our economic future.
How Rudd Blows Your Billions (external link)
Andrew Bolt, 12 April 2010
Think you must now have heard the worst of Kevin Rudd’s colossal waste of your billions? Think again.
The Real Story of the Wizards of Wall Street (external link)
Bill Moyers, William K. Black, 12 April 2010
Required viewing/reading to understand the depth of the problem and the underlying causes of the Financial Crisis.
Great Myths of the Great Depression (external link)
Lawrence W. Reed, 12 March 2010
Lawrence W. Reed discusses the latest edition of his primer, "Great Myths of the Great Depression." Recorded at the annual Austrian Scholars Conference, Ludwig von Mises Institute.
The Deathbed of Keynesian Economics (PDF, 70 KB)
Matthew Lynn, 23 February 2010
Despite the UK government's following of Keynesian policy prescriptions, Matthew Lynn laments the results, wondering whether the UK will be the deathbed of Keynesian economics. Lynn argues instead that "what's needed is a total change of direction."
The Great Reckoning Begins (external link)
Alan Kohler, 12 February 2010
GFC Update... Governments again achieve the opposite of their intent!
Stimulus II: A Sequel America Can't Afford (external link)
Richard Rahn, 25 January 2010
Labor Department numbers show that the Obama Administration's $787 billion "stimulus" was a flop. Instead of holding the unemployment rate at 8 percent or below, the jobless rate soared to 10 percent.
Economics 101: Moral Hazard (external link)
Richard Rahn, 11 January 2010
This CF&P Foundation's Economics 101 video discusses the concept of "Moral Hazard," which occurs when bad choices are subsidized. This often happens when government intervention lets people take risks while having little or no "skin in the game."
Stimulation or Emulation? (PDF, 37 KB)
Ronald Kitching, 30 November 2009
"Our illustrious leaders and Opposition ought to study these policies and apply the nation building recipes here."
Alan Grayson, 14 October 2009
A must watch video of Senator Alan Grayson questioning Federal Reserve Inspector General Elizabeth Coleman. Watch as she struggles to account for trillions of dollars in off balance sheet transactions.
J, 5 August 2009
The Austrian economist covers the US government's economic depredations, police state enactments, and wars of aggression
A Business Model for the United States (PDF, 28 KB)
Anonymous, 3 August 2009
A very funny and clever example of the way in which the United States is doing business in the current economic climate.
YouTube - Hitler Misses the Bull Market (PDF, 25 KB)
www.sharespropertymoney.com, 3 August 2009
Watch this very funny YouTube Clip of
Golden Rule: Don't Mess with the Taxman (PDF, 35 KB)
John Humphreys, 12 June 2009
In a bizarre American tax trial, businessman Robert Kahre is being charged with intentionally paying his employees with legal tender.
Debt Clock-Countdown USA (external link)
, 25 May 2009
Watch as the debt dollars are stacked up on this great website!
Q and A: Eric Sprott: First, 'fix the economy' (external link)
Brian Milner, 7 May 2009
When it comes to a bearish view of the markets, veteran money manager Eric Sprott takes a back seat to no one. So it's not surprising that his firm, Sprott Asset Management, would organize an event, called A Night with the Bears.
100 Trillion Deleveraging Indicated (external link)
ASB Weather, 21 April 2009
A look at the mounting debt following the financial crisis.
The Road To Zimbabwe (PDF, 33 KB)
Ron Kitching, 2 April 2009
Not only Australia, but the world, is on the road to a Zimbabwe like inflation.
Lessons for the G-20 Summit (PDF, 33 KB)
Alvaro Vargas Llosa, 30 March 2009
"When the world's treasury secretaries and central bankers convene later this week at the Group of Twenty summit in London, they should address head on the primary source of instability in international financial markets: U.S. government policy"
Government's grasp going global (external link)
Mark Steyn, 27 March 2009
In their first two months, Obama and Geithner have done nothing but vaporize your wealth, and your children's future. What began as an economic crisis is now principally a political usurpation.
Davos Capitalism: Adam Smith's Nightmare (PDF, 43 KB)
Michael Miller, 25 March 2009
"In The Wealth of Nations, Adam Smith warned, "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."
It Ain (PDF, 31 KB)
Jack Wheeler, 13 March 2009
A great poem about the reckless spending by our politicians. Although written in America, we in Australia can also relate.
Niall Ferguson (PDF, 72 KB)
Lateline - ABC, 26 February 2009
World renowned Scottish historian Niall Ferguson joins Lateline to discuss the unpredictable patterns of financial markets throughout history and the lessons that can be learnt from the past.
What Now? (PDF, 41 KB)
John Hyde, 25 February 2009
"Those with the most relevant skills have advocated fiscal stimulus financed by public borrowing. For good or ill, much has been done to shore up aggregate demand, guarantee banking liquidity and even to rescue a few ailing companies"
Gerard Jackson, 23 February 2009
The global economic crisis that the reckless monetary policies of the world's central banks visited upon us has led to many mislabelling the situation as on of "classic Keynesianism".
A Better Way to Solve This Crisis (external link)
Ron Paul, 20 February 2009
Have you had enough yet? Tired of running down the road to socialism? Help us turn the tide, and return the power to the people.
Lita Epstein, 19 February 2009
Rick Santelli incited the traders on the Chicago trading floor on February 19th, calling for a referendum to see if we want to "subsidize losers mortgages".
Outrage over Obama (PDF, 29 KB)
Jason Roney, 19 February 2009
CNBC's Rick Santelli and the traders on the floor of the CME Group express outrage over the notion they may have to pay their neighbour's mortgage.
Center for Freedom and Prosperity Foundation, 17 February 2009
Entitled "Free Markets and Small Government Promote Prosperity," this video shows policy makers solutions that actually work, unlike the so-called stimulus bill that increased the burden of government spending.
Hazard Ahead (PDF, 12 KB)
Mac Nichols, 15 February 2009
Our PM turns his back on the foundation of our prosperity. The best actions this pest can do are to deliver us honest money, a productive job in private enterprise and enforce our laws. That is all. The rest of life is up to us.
Robert Higgs on The Economic Stimulus Package (PDF, 72 KB)
The Independent Institute, 13 February 2009
Robert Higgs, Independent Institute Senior Fellow and economist, appeared on Fox Business on February 13, 2009 to discuss the economic stimulus package. Hear what he had to say.
Judy Shelton, 11 February 2009
The same values that will help America regain its economic footing and get back on the path to productive growth -- honesty, reliability, accountability -- should be reflected in our money.
A Comment on the Obama Era! (PDF, 15 KB)
RussiaToday, 10 February 2009
Can the Feds Uncrunch Credit? (PDF, 495 KB)
Nicole Gelinas, 10 February 2009
Rudd on a dangerous, ill-informed crusade (PDF, 27 KB)
Michael Costa, 6 February 2009
In the middle of what he describes as the worst economic crisis since the Depression, Rudd has decided to launch a divisive personal crusade against so-called "neo-liberalism". Rather than economic solutions, Rudd is seeking ideological retribution.
The Great Depression and the Free Market (PDF, 15 KB)
Ronald Kitching, 5 February 2009
The PM assures us that he is concerned about jobs. If he and his advisers knew anything about how real jobs are created and maintained he would not now be acting out the most incredibly destructive fiasco in Australian history.
The American Option (PDF, 45 KB)
Senator Jim DeMint, 5 February 2009
Just substitute Australia, Labor and Liberal and this sounds familiar.
Rudd throws out the baby (PDF, 19 KB)
Julie Novak, 4 February 2009
The PM has developed an intellectual straw man of free market "fundamentalism" to divert attention from his failed interventions and create a climate for more of the same. This is not the approach befitting a once self-avowed economic conservative.
Neo-Socialism Down Under (PDF, 45 KB)
Opinion Asia, The Wall Street Journal, 3 February 2009
Kevin Rudd reinvents a philosophy to justify bigger government.
Act Now Says the PM (PDF, 13 KB)
Ronald Kitching, 3 February 2009
Any opposition to Rudd's new propositions by any state governments will be met with zero tolerance.
Lack of regulation not the problem (PDF, 36 KB)
Don Brash, 2 February 2009
Bryan Gould argues that the world must learn many lessons from the current international economic crisis ("Global crisis shows need for revision of economics"). Alas, most of the "lessons" he proposes we learn are absolutely the wrong lessons.
The U. S. in a Nutshell (PDF, 16 KB)
Ty Andros, 2 February 2009
People are taught that they can rely on government for health care, food and welfare. They do not realize that government is invested in making them dependants rather than independent.
Depression is the Healing Process (PDF, 14 KB)
Ronald Kitching, 30 January 2009
The highly important point for politicians and others to grasp is that the depression is far from being an evil scourge. It is the necessary healing process, it is the recovery process.
Fiscal Reality (PDF, 25 KB)
Cato Institute, 29 January 2009
President Obama says that "economists from across the political spectrum agree" on the need for massive government spending to stimulate the economy. In fact, many economists disagree.
Ostrichus Americanus (GMO) (PDF, 97 KB)
Rusty McDougal, 28 January 2009
Those that believe 2008 was a horrible year but there will be smooth sailing from now on are a special breed: Ostrichus Americanus (GMO).
Fred on the Economy (PDF, 18 KB)
Fred Thompson, 28 January 2009
In this video Fred explains how the financial crisis was brought about by irresponsible spending by the U.S. Government who proposes to fix the problem by encouraging more irresponsible spending!
Center for Freedom and Prosperity Foundation, 28 January 2009
The video explains why Obama's dramatic expansion of the burden of government spending, based on the discredited Keynesian theory of economics, will not be successful.
Rudd and Turnbull Advocate More Inflation (PDF, 14 KB)
Ronald Kitching, 25 January 2009
Rudd advocates the model of monetary manipulation which has brought the world financial system to its knees.
The End of Capitalism (PDF, 23 KB)
Michael Miller, 21 January 2009
Who would have imagined 20 years ago
The New President (PDF, 37 KB)
Bill Bonner, 21 January 2009
Tomorrow, Everything Changes
Bailout Will Destroy Gobal Economy: (PDF, 18 KB)
Ron Paul, 20 January 2009
Ron Paul is a Republican United States Congressman from Texas and a former 2008 U.S. presidential candidate. See the link included here which takes you to a YouTube clip of Ron Paul
Lawrence Williams, 15 January 2009
Study this Mineweb item and more importantly the contained link to Stewart Thomson.
Herbert Grubel, 14 January 2009
Labour unions are demanding higher wages and are finding political support for their demands as a cure for the present economic crisis.
Indiana -- State Senator Greg Walker, 14 January 2009
Senate Bill 453, The Indiana Honest Money Act: Indiana Picks Up Where New Hampshire Left Off!
The Graph of the Century (PDF, 24 KB)
Joanne Nova, 14 January 2009
Here's an astonishing graph from the US Federal Reserve.
Terrible Credit Crunch of 2008 (PDF, 48 KB)
Robert Higgs, 6 January 2009
The beauty of the Great Hoax of 2008, from the perspective of the ruling class, is that it was also a Great Scare, and such scares serve as the pretexts for the rulers' most audacious assaults on the peasants' lives, liberties, and purses.
Darryl Robert Schoon, 5 January 2009
The American Revolution was an extraordinary event. The idea that freedom was an inherent right, that tyranny could be successfully opposed, that government could serve the people, not the few, was truly revolutionary in 1776
The Fate of the Two U.S. Auto Centers (PDF, 49 KB)
Sangho Kim, 2 January 2009
Detroit and Georgetown. One is prospering while the other is on the brink of collapse. What made such a difference between the two auto cities?
Fact and Fiction (PDF, 15 KB)
Ronald Kitching, 2 January 2009
National and international commentators are making statements regarding the credit collapse that are wrong.
Angela Goes Cold on Global Warming (PDF, 16 KB)
Ronald Kitching, 1 January 2009
Angela Merkel: German Chancellor, intelligent and powerful woman .... knows nothing whatsoever about sound Monetary Theory.
The Most Distrusted Institution in America (PDF, 35 KB)
Dan Gerstein, 31 December 2008
For my last column of the year, let me offer three provocative political predictions that I see as mortal
Avoidable Disasters (PDF, 88 KB)
Richard W. Rahn, 31 December 2008
This was the year that proved Reagan's old adage, "The government is not the solution; it is the problem." As we enter the New Year, the question is again, "Will those in charge do what is necessary to avoid the obvious new economic wrecks coming?
Be of Good Cheer (PDF, 40 KB)
Sean Gabb, 25 December 2008
A Christmas Greeting from the Director of the Libertarian Alliance
The State Neglects its Real Duties (PDF, 15 KB)
Ronald Kitching, 24 December 2008
The only rational need for giving a body of men/women a monopoly of coercion, that is a government, is to protect us from internal and external thugs.
Stanley White and Shigeki Nozawa, 24 December 2008
Japan should write-off its holdings of Treasuries because the U.S. government will struggle to finance increasing debt levels needed to dig the economy out of recession, said Akio Mikuni, president of credit ratings agency Mikuni & Co.
US Government Introduces New Auto Model (external link)
Youtube, 23 December 2008
The car of your future!
The Sound Money and Free Markets Solution (PDF, 19 KB)
Ronald Kithcing, 23 December 2008
Classical liberal policies are the answer to today
Big Business Should be Allowed to Fail (PDF, 19 KB)
Julie Novak, 23 December 2008
The sooner governments abstain from bailing out firms, the sooner we can all get on with the next phase of growth and prosperity.
Fred Thompson Video on Keynesian Economics: (PDF, 16 KB)
Gary North, 20 December 2008
Thompson does a number on the bailouts and Keynesian economics.
The Road to Serfdom (PDF, 18 KB)
Ronald Kitching, 16 December 2008
Center for Freedom and Prosperity Foundation, 15 December 2008
New video explains why Keynesian spending is wrong prescription for ailing economy.
Fiscal Collapse and Reality (PDF, 15 KB)
Ronald Kitching, 15 December 2008
The remnants of malinvestments, as a result of the inflation, should be allowed to return to reality, that is, a price the market can support.
Bernie Madoff on the modern stock market (external link)
Youtube, 13 December 2008
Bernard Madoff, former NASDAQ chaiman now implicated in a $50 billion Ponzi scheme, at a 2007 roundtable discussion with Justin Fox, Ailsa Roell, Robert A. Schwartz, Muriel Seibert, and Josh Stampfli.
Update from the Independent Institute (PDF, 80 KB)
David J. Theroux, Founder and President of The Independent Institute, 12 December 2008
In the battle of ideas, does good overcome bad? We certainly think so, but first the good ideas have to be heard. That's why we're asking your help in making us resonate louder and farther with your year-end support.
Policy Uncertainty in 1937 and 2008 (PDF, 24 KB)
Robert Higgs, 6 December 2008
In a 1997 article Higgs advanced the idea of regime uncertainty in an attempt to advance our understanding of the Great Depression's extraordinary duration & the highly successful postwar transition to a genuinely prosperous market-oriented economy.
What is Economic Stimulus? The Key Question. (PDF, 28 KB)
Richard W. Rahn, 3 December 2008
How much should the U.S. government spend on an economic stimulus program? If you have trouble answering the question, it is because it is the wrong question.
Wall Street Lays Another Egg (PDF, 303 KB)
Niall Ferguson, 1 December 2008
Not long ago the dollar stood for a sum of gold & bankers knew who they lent to. The author charts the emergence of an abstract world
The Fed: Solution or Problem? (PDF, 28 KB)
Richard W. Rahn, 26 November 2008
Given that the Fed, the Treasury and the Congress are obviously confused about what to do in the current situation, history indicates that perhaps the least harmful course of action is for them to do nothing.
The Global Financial Crisis (PDF, 16 KB)
Gary North, 26 November 2008
An excellent assessment of the current global financial crisis.
US Debt Clock (PDF, 16 KB)
Gary North, 26 November 2008
Watch the federal debt rise, moment by moment. This is the on-budget debt. The off-budget debt is vastly worse. Also check out the interview with David Walker, the then Comptroller General of the US. He retired one month after this interview.
The Great Deflation (PDF, 43 KB)
William (Bill) Buckler, 24 November 2008
$US32T has been erased from the value of global equity markets (twice the size of annual US GDP). That is the carnage in only one area. Add the global deflations in real estate & the worldwide crash in commodity prices and the figure is $US50T!
Momentary Honesty from Porkmaster Congressman...he believes it's his money not the taxpayers (PDF, 23 KB)
Gary North, 22 November 2008
Congressman Joe Knollenberg says what congress believes about taxpayer
Ludwig Erhard on Taxation (PDF, 17 KB)
Ronald Kitching, 17 November 2008
Dr. Ken Henry needs to look at the results achieved by one of the most successful Finance Ministers of all time Ludwig Erhard of West Germany.
How Not to Solve a Crisis (PDF, 286 KB)
Bill Stacey and Julian Morris, 15 November 2008
Government Intervention Counterproductive; Economic Crisis calls for New Thinking on Managing Risk, Stimulating Economies
Hail market process for outing the truth (PDF, 24 KB)
Terry McCrann, 13 November 2008
THIS extraordinary year is most unlikely to be widely hailed in quite this way, but 2008 really did demonstrate the benefit of market process.
Update on the Crisis by International Policy Network (PDF, 16 KB)
International Policy Network, 12 November 2008
Last month, the IPN circulated Eamonn Butler
The Market Order and Interventionism (PDF, 16 KB)
Ronald Kitching, 6 November 2008
History shows that as far as a population is concerned, those who rule least, rule best.
Interventionism and Corruption (PDF, 16 KB)
Ronald Kitching, 3 November 2008
The great Austrian social scientist, historian and economist, Ludwig von Mises has pointed out in his 1940 book titled
Opportunities Created by the Crisis! (PDF, 140 KB)
Christopher B. Wright, 30 October 2008
See this amusing comic which looks at the "opportunties" which have arisen as a result of the recent financial crisis.
Government Failure (PDF, 11 KB)
Justin Jefferson, 28 October 2008
People blaming the current financial crisis on the
Stranger Than Fiction (PDF, 28 KB)
Brendan O, 27 October 2008
Global Crisis? What Governments can do to Your Money! (PDF, 138 KB)
wildcherry, 26 October 2008
Triumph of the Redistributionist Left (PDF, 23 KB)
YouTube, 26 October 2008
Another cause for the US Crisis! That's where the money goes!
Obituary of The U.S. Dollar. (PDF, 17 KB)
Ronald Kitching, 26 October 2008
Another installment of Ron Kitching's "Letter to the Editor" which discusses an advanced obituary for the U.S. dollar.
Hitler Gets a Margin Call (PDF, 19 KB)
YouTube, 24 October 2008
See the YouTube clip of
The Big Debate - Markets Win (PDF, 24 KB)
Leon Louw, 24 October 2008
Markets Win Every Time (if allowed to perform)!
Sounds Like Insider Trading To Me! (PDF, 19 KB)
YouTube Clip, 23 October 2008
View the YouTube clip of Representative Marcy Kaptur
Global Financial Crisis: Freemarkets not Guilty (PDF, 44 KB)
Eustace Davie, 22 October 2008
Governments will have to relinquish their money monopolies to allow fully accountable private banks to provide citizens of the world with competitive private currencies
Business News Network, Canada, 21 October 2008
Here's a video clip that's well worth watching. Sprott Asset Management's chief investment strategist, John Embry, was interviewed by Amanda Lang and discussed among other things, the suppression of the gold price on the NY Commodities Exchange.
Interview with David Hale (PDF, 47 KB)
Tony Jones, 20 October 2008
Lateline - 20/10/2008: Interview with David Hale - Chicago Economist on the Financial Crisis.
Bill Clinton a prime suspect for starting meltdown (PDF, 25 KB)
Andrew Main, 20 October 2008
Among the prime suspects behind the recent financial crisis is former president Bill Clinton's decision in 1999 to put pressure on lenders to widen the pool of home borrowers in the US.
Marx Would Have Been Proud (PDF, 28 KB)
Henry Thornton, 16 October 2008
HENRY has been trying to make sense of the bailout.
Governments, free markets, and the financial crisis (PDF, 27 KB)
Eustace Davie, 16 October 2008
Mr Rudd, you've got it wrong! Even the South Africans know this.
What About a Refund! (PDF, 11 KB)
Ronald Kitching, 16 October 2008
Here, the writer highlights the hypocritical nature of Mr Rudd's latest plan to apply some new rules to commerce and looks at what it would mean if we applied some commercial rules to politics.
Various, 15 October 2008
Many intellectuals & experts don't share the unfortunately widely spread idea that this crisis is the crisis of capitalism. This analysis goes to the core of the problem rather than follow the poulist line that we are getting from Washington & London
Georgia (PDF, 25 KB)
Richard W. Rahn, 15 October 2008
Why is Georgia dealing with the Financial Crisis better than the U.S.?
More Inflation, Then Price Controls (PDF, 13 KB)
Ronald Kitching, 15 October 2008
In this letter Ron Kitching expresses concern over the plan of administrations around the world to deal with the current economic conditions by further encouraging inflation.
Eamonn Butler, 13 October 2008
With turmoil in the world
Peter Schiff (PDF, 17 KB)
Mannkal, 13 October 2008
Here we provide links to two YouTube clips showing broadcasts of Peter Schiff giving sound advise about the US financial system.
Chris Berg, 12 October 2008
There are serious discussions going on about what regulations caused or failed to prevent the crisis. But trying to compress the world's economic problems to a cheap morality play helps no one.
Credit and Other Cuts (PDF, 12 KB)
Ronald Kitching, 12 October 2008
In this "Letter to the Editor", Ron Kitching expresses his opinion about the idea of a credit boom.
Letter to the Editor (PDF, 9 KB)
Paul Rackemann, 10 October 2008
This excellent letter made the box in today's local press. Here Paul notes that all this chaos, is a result not of
Super Destruction (PDF, 13 KB)
Mac Nichols, 10 October 2008
A letter to the editor style article looking, in a simplistic way, at the how the individual's wealth is affected by the superannuation system.
Fin Lit Survey Highlights Deficit (PDF, 17 KB)
Michael Hobbs, 9 October 2008
ANZ is set to launch a number of adult financial literacy programs after a survey revealed Australians with low levels of financial literacy make riskier investment decisions and probably won't seek professional financial advice.
All About Financial Success (PDF, 14 KB)
Ronald Kitching, 7 October 2008
Here is a story about how one man qietly managed financial success by reading the markets accurately - not surprisingly he sold everything except the home he lives in before Christmas in 1996 because he said that the entire market was overvalued.
Vincent Gioia, 6 October 2008
When deciding who to vote for as President of the USA, why would you vote for the man who hired the people who abused the trust of the American people and walked away with millions of dollars instead of receiving the jail terms they deserved?
Comment by Thomas Sowell on the US Financial Crisis (PDF, 23 KB)
Thomas Sowell, 6 October 2008
The current financial bailout crisis has propelled Obama back into a substantial lead over McCain- which is astonishing in view of which man & which party has had the most to do with bringing on this crisis.It raises the question: Do facts matter?
Don (PDF, 24 KB)
Eamonn Butler, 6 October 2008
With turmoil in the world's markets, politicians and commentators have been demanding more regulation and control of the financial sector. Their reaction is entirely predictable--but entirely wrong.
Anatomy of a Train Wreck (PDF, 931 KB)
Stan J. Liebowitz, 3 October 2008
Causes of the Mortgage Meltdown
Perth Mint booms amid financial meltdown (PDF, 19 KB)
Louise Bourke, 2 October 2008
Perth Mint has hired more staff and added a third shift to its factory roster to keep up with the demand for gold coins as volatile markets send investors scrambling to buy into the perceived safe haven.
Bailout Raises Libertarians' Market Value (PDF, 25 KB)
David Montgomery, 25 September 2008
The specter of the most titanic intervention in the markets since Franklin Roosevelt started sewing the safety net has folks at the Cato Institute reaching for something strong.
Nigerian Billionaire to Aid US Banks (PDF, 23 KB)
JDZ, 24 September 2008
Nigerian philanthropic billionaire Esenam Ayele said that he would make $80b available to US banks from his accounts in Nigeria. All he needed to transfer the funds was a trusted associate at the bank.
Ron Paul on the Economic Collapse! (PDF, 18 KB)
http://goldsilver.com, 4 February 2008
If anyone is in a position to know what our country has in store financially, it is this man.
This is the End (PDF, 26 KB)
Bill Bonner, 31 July 2006
When a credit bubble expands, the lenders make a lot of money. But when it contracts, the loan business goes sour.
The Monetary Crisis (PDF, 32 KB)
Doug Casey, 9 May 2006
The ultimate consequence of the world abandoning its reserve currency is anybody's guess. We are truly in terra incognita. For the time being, the only safe bet is to rig for a weak dollar and rising long-term rates.
Ben Bernanke Gets His Comeuppance (PDF, 19 KB)
Gary North, 26 April 2006
The Every Breath You Take Music Video