Posted on July 1, 2010 by MoneyBob
Howard Davidowitz is a bear on America. If you’ve watched any of the recent clips, you know he’s negative on stocks, the economy and the political system. (If you haven’t seen them, check the links below.)Much of Davidowitz’s frustrations stem from the bailout of our financial system. “If a bank is bad, you let it [...]
Filed under: Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, Elizabeth Warren, FDIC, Foreclosure, Housing, Howard Davidowitz, MoneyBob Postings, economics | Tagged: Recession, Economy, economics, Banks, Depression, Obama, Howard Davidowitz, Bailouts, bad banks, citibank, citi | Leave a Comment »
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 28, 2010 by MoneyBob
For the last several months, Princeton professor Paul Krugman has become increasingly agitated about what he feels is a disastrous mistake in the making — a sudden global obsession with “austerity” that will lead to spending cuts in many nations in Europe and, possibly, the United States.Krugman believes that this is exactly the same mistake [...]
Filed under: Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Dooms Day, Economy, Gold, MoneyBob Postings, Paul Krugman, Stagflation, US Dollar, economics | Tagged: Depression, double dip, economics, Housing, Money, Paul Krugman, Recession, save, Savings | Leave a Comment »
Posted on June 28, 2010 by MoneyBob
Monday’s weak consumer spending data is the latest in a string of reports that has many Americans worried about a “double-dip” recession.Then again, considering the unemployment rate has remained elevated, many Americans would be forgiven for thinking the recession that began in December 2007 still hasn’t ended. Notably, that’s the view of the National Bureau [...]
Filed under: Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Dooms Day, Economy, MoneyBob Postings, economics | Tagged: Depression, double dip, economics, Economy, Recession | Leave a Comment »
Posted on June 20, 2010 by MoneyBob
Slow Growth – Double Dip Recession may be coming – Odds are over 50% – We are in the process of De-Leveraging our Debt and this trend will continue for years. If it happened all at once, we really would have a depression! Unemployment rate will rise 1% per year for the next few years [...]
Filed under: Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Economy, MoneyBob Postings, economics | Tagged: consumer confidence, Debt, Depression, double dip, Double Dip Recession, Money, Recession | Leave a 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 June 16, 2010 by MoneyBob
Bloomberg checked in on the state of Fannie Mae and Freddie Mac, the two once-quasi-private mortgage subsidy companies that are now almost wholly owned by taxpayers. Bloomberg found that Fannie and Freddie have already drawn down $145 billion in their unlimited line of taxpayer credit, and that their losses could ultimately be as high as [...]
Filed under: MoneyBob Postings | Tagged: Debt, Depression, Fannie Mae, Freddie Mac, Housing, Mortgage | Leave a Comment »
Posted on June 7, 2010 by MoneyBob
As the rest of the world works itself into a panic over debt and deficits, Princeton professor and New York Times columnist Paul Krugman continues to argue that acting on this fear will quickly make things far worse:What’s the greatest threat to our still-fragile economic recovery? Dangers abound, of course. But what I currently find [...]
Filed under: MoneyBob Postings | Tagged: Depression, Paul Krugman, Recession | 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 April 13, 2010 by MoneyBob
more about "davidowitz wall st. d.c. bigwigs “bur…", posted with vodpod
Filed under: Credit Crunch, Deflation, Depression, Dooms Day, Economy, Howard Davidowitz, MoneyBob Postings, economics | Tagged: Depression, economics, Economy, Howard Davidowitz, Recession | Leave a Comment »
