An Economist’s View On The Bank Bailout

The Economy

It’s clear that for all of the money spent by the U.S. Government in trying to revitalize the U.S. economy (and hopefully by extension, the world economy) not much has actually been accomplished. We seem to be throwing money at anyone who will take it, but nothing good really seems to be happening from it. […]

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Fighting a Crisis of Confidence

The Economy

Many people have been comparing the current economic crisis that we’re facing to that of the Great Depression. While we are seeing some similarities between the Depression and the economic crisis of today, they are largely a different beast. In fact I’d like to argue that while the Great Depression seemed to have been largely […]

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Breaking News: Recession Since Dec 2007


It’s a shame that sarcasm is so difficult to convey over the web. Most of you have likely heard by now that it’s official: the U.S. has been in a recession since last December. My question now is, does this surprise anyone out there? I’ll admit that I’m actually a little surprised it’s already been […]

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Why Another Rate Cut Could Do More Harm Than Good

The Economy

It’s clear that the root cause of the financial difficulties that we’re facing in the United States is not related to credit being too expensive. It’s quite the opposite in fact – credit is cheap right now but many banks are actually cutting back on lending. So what gives? Why are we sliding into a […]

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Recession: A Self-Fulfilling Prophecy

Personal Finance

It’s no secret that to many around the world the sky seems to be falling.  There is even talk of a new depression – in fact a recent poll by CNN showed that 60% of Americans think we’re likely to end up in one.  A depression!  Can you imagine?  The great depression was a terrible […]

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The End of the World As We Know It: National Bankruptcy!


If you had to take a close look at the U.S. markets and the financial system and give an estimate on the absolute worst-case scenario for our economy, what would you predict? Martin Hennecke, senior manager of private clients at Tyche, has done just that and he has publicly declared that he believes that the […]

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Cash In On The Economy’s Problems


The most unintelligent thing that you can do with your money during an economic downturn like the one that we’ve been facing is to cash out, stand back and wait until the smoke clears.  It seems like an obvious thing to do to so many people.  But by doing so you are not only taking […]

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