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Staying One Step Ahead of Inflation |
Aug 19, 2008 |
Inflation is biting hard, and it will eat more and more as time wears on!
Overall, consumer prices (CPI) increased by 0.8 percent in July. It has risen at an extraordinary 10.6 percent rate over the last quarter, compared with a 5.6 percent rate over the last year.
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| CLICK HERE FOR THE FULL STORY |
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Who Pays for Bank Failures? You Do, of Course |
Aug 12, 2008 |
Bank failures are popping up across the map. Historically, it's a small number so far, but regulators already are preparing to raise the rates they charge banks to insure depositors.
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| CLICK HERE FOR THE FULL STORY |
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Taxpayers to Get Hit Hard by Fannie, Freddie |
Aug 08, 2008 |
Did you ever get the feeling that things are much, much worse than you are being told?
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| CLICK HERE FOR THE FULL STORY |
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Merrill Fire Sale Just Another Ponzi Scheme |
Jul 30, 2008 |
Media reports say that big global banks like Citigroup and UBS will be under renewed pressure to write down or sell billions of dollars in so-called toxic assets.
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| CLICK HERE FOR THE FULL STORY |
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Watch the Saudis for Dollar Direction |
Jul 15, 2008 |
Once the Saudi parliament, the Saudi Shura (Majlis as-Shura in Arabic), advises the King to revalue the riyal, the outlook for the U.S. dollar becomes seriously bearish.
That's because the question about de-pegging from the U.S. dollar is no more if, but when.
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| CLICK HERE FOR THE FULL STORY |
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