Posted on July 1, 2010 by MoneyBob
The U.S. economy is in shambles and Americans will continue to see high unemployment and lower living standards in the years to come, Howard Davidowitz tells Henry and Aaron in the accompanying clip. Davidowitz lays much of the blame for the economy’s woes at the feet of the Obama administration, which he calls “the worst [...]
Filed under: Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, Foreclosure, Howard Davidowitz, Life, Obama, Personal, Retirement, Robert Prechter, Robert Shiller, Stagflation, Unemployment Rate, Work, economics | Tagged: Recession, Economy, economics, Deflation, Depression, Obama, Howard Davidowitz, Barrack Obama, Unemployment | Leave a Comment »
Posted on June 20, 2010 by MoneyBob
Double-Dip Recession The economy still hasn’t escaped the possibility of a double-dip recession, says Yale economist Robert Shiller, who predicted the housing bust. “We just went through a Great Depression scare,” he told Bloomberg. “The Fed and the government took on extraordinary measures to prevent that,” he said. “But I think our confidence is still [...]
Filed under: Deflation, Depression, Dooms Day, Economy, Robert Shiller, Saving, Stagflation, economics | Tagged: Deflation, double dip, Double Dip Recession, Recession, Robert Shiller | 1 Comment »
Posted on June 17, 2010 by MoneyBob
A year ago, house prices finally stopped collapsing after two years of brutal declines. Over the following few quarters, moreover, they actually rose. This led many observers to conclude that the housing bottom had been reached and that we were headed for a v-shaped bounce.Not Gary Shilling.Gary Shilling, head of economic research firm A. Gary [...]
Filed under: Credit Crunch, Credit Freeze, Deflation, Depression, Dooms Day, Economy, Foreclosure, Gary Shilling, Housing, MoneyBob Postings, economics | Tagged: Recession, Deflation, housing bubble, Depression, Gary Shilling, Housing, double dip, Double Dip Recession, housing market | Leave a Comment »
Posted on May 25, 2010 by MoneyBob
MoneyBob NEW YORK (AP) — The Dow Jones industrials plunged below 10,000 Tuesday after traders dumped stocks on worries about the global economy and tensions between North and South Korea. The Dow fell about 190 points in late morning trading. It has fallen 1,346 points, or more than 12 percent, from its recent high of [...]
Filed under: Credit Crunch, Credit Freeze, Deflation, Depression, Dooms Day, Economy, Gold, Investing, MoneyBob Postings, Robert Prechter, Stagflation, Stock Market, Treasury Bills, economics | Tagged: Deflation, Depression, Recession, Robert Prechter | Leave a Comment »
Posted on March 17, 2010 by MoneyBob
Americans’ Mistrust of Govt. Is Rational and Warranted, But Also Dangerous” The United States invariably does the right thing, after having exhausted every other alternative,” Winston Churchill once said.The problem is “we’re in the process of exhausting all the alternatives pretty quickly,” says William Galston, a senior fellow at the Brookings Institution.A recent CBS/NY Times [...]
Filed under: Bankruptcy, Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, Gary Shilling, Inflation, economics | Tagged: Economy, economics, Deflation, Depression, government, William Galston, Brookings Institution, Winston Churchill | Leave a Comment »
Posted on March 14, 2010 by MoneyBob
more about “Deflation is Coming“, posted with vodpod
Filed under: Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, MoneyBob Postings, Robert Prechter, economics | Tagged: Deflation, Depression, economics, Economy, Robert Prechter | Leave a Comment »
Posted on March 14, 2010 by MoneyBob
Which is the greater threat, inflation or deflation?In Marc Faber and Michael “Mish” Shedlock, we found two market watchers ready (and able) to champion both sides of this great debate.Shedlock, an investment advisor with SitkaPacific Capital and author of the economics blog, MISH’S Global Economic Trend Analysis, made the case for deflation: Credit is contracting, [...]
Filed under: Credit Crunch, Credit Freeze, Deflation, Depression, Dooms Day, Economy, Foreclosure, Gold, Inflation Protected, Investing, economics | Tagged: Deflation, Depression, economics, Economy, Inflation, Investing, Stock Market | Leave a Comment »
Posted on March 5, 2010 by MoneyBob
U.S. Growth Outlook: Still Anemic and U-Shaped but Risks of a Double-Dip Recession Are Rising by Nouriel Roubini A slew of poor economic data over the past two weeks suggests that the U.S. economy in 2010 is headed for – at best – a U-shaped recovery. The macro news, including data on consumer confidence, home [...]
Filed under: Deflation, Dooms Day, Economy, Nouriel Roubini, Retirement, Stagflation, Thoughts, Work, economics | Tagged: Deflation, double dip, economics, Economy, L shaped, Nouriel Roubini, recovery, rge, u-shaped | Leave a Comment »
Posted on February 11, 2010 by MoneyBob
Last summer, our guest Gary Shilling of A. Gary Shilling & Co. predicted that stocks would fall 30%. That hasn’t happened yet, but the extraordinary bull run that made idiots out of many of Wall Street’s greatest gurus last year has now finally reversed, and Gary is sticking by his bearish guns. At Dow 10,000, [...]
Filed under: Credit Crunch, Deflation, Depression, Dooms Day, Economy, Gary Shilling, Investing, Stock Market, Treasury Bonds, economics | Tagged: stocks, Deflation, Depression, Gary Shilling | Leave a Comment »
Posted on November 26, 2009 by MoneyBob
WASHINGTON — The United States government is financing its more than trillion-dollar-a-year borrowing with i.o.u.’s on terms that seem too good to be true. But that happy situation, aided by ultralow interest rates, may not last much longer. Treasury officials now face a trifecta of headaches: a mountain of new debt, a balloon of short-term [...]
Filed under: Bill Gross, PIMCO | Tagged: Bill Gross, Credit Crunch, Debt, Defcit, Deflation, Depression, Dollar, economics, Economy, Gold, Life, NY, NY Times, PIMCO, Stock Market, Thoughts, Work | Leave a Comment »
