Archive for the 'Economy' Category

You might find this of interest from the “domain king”. Interesting perhaps if you aren’t into following the domain market.

We are about to see a rash of retailers go under. Some very big ones. I think one of the the biggest will be Sears. They are already hanging on for dear life from [...]

Earlier in the week Charles had yet another brilliant Triage post.
One of the things that he mentioned is something that I’ve been trying to tell people lately when I hear things like – “see where Capitalism got us.”
I don’t see the implosion of the financial system as my kind of capitalism – which is not, [...]

Firstly
Charles Hugh Smith from OfTwoMinds doesn’t get linked enough here.
In a recent post on his expected “Obama Spring” Rally, I quote the type of lines that have me coming back for more:
But isn’t the stock market based on the fundamentals of the economy? Hahahaha, please don’t make me laugh this hard–I might hurt myself. As [...]

If you like to follow what’s going on with the economy, you will enjoy this video. Peter Schiff delivers the warnings couple of years before, yet is belittled by fellow talking heads.
I particularly enjoyed the “Biz Alerts” tickers showing Dow going up and closing over 13,000

Hey folks. Enjoying the financial markets deflating and busting?
Last week, September 11 actually, I celebrated my 17 years in the USA. It’s also my wife’s birthday (and my friend Rob’s birthday). It’s a good day. Used to beĀ an awesome day, untl 2001 when it became synonymous with the terror attacks, but I digress.
After 17 years [...]

I am going to paste this post from Umair Haque below. It’s just about full length, but it’s important to get the ideas out there:


Today’s corporate picture looks darker and bleaker than ever. And especially among those of us in our 20s and 30s, the feeling that business as usual cannot go on is growing.
But [...]

Consider this:

The price of oil jumped from $117 to $120 within the last 24 hours or so.
Home values around San Francisco Bay area have dropped by over 10% in the last year. In other parts of the country even much much more than that.
Japan ran out of butter, among other things coming up.
Sam’s Club, the [...]

The Daily Mail has a great recap of some points in a piece titled Why China is the REAL master of the universe.
Take off those pink tainted sunglasses and breathe that info in. Some excerpts:
The truth is that we are masters of the world no more.
The global power shift from the West to the [...]