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Tag Archives: gold
Gold Price Plunge: Gold Theory and Gold Reality
Right wing “gold bugs” take note. Maybe Glenn Beck is wrong. The New York Times reports today that gold bug theory and gold reality have been diverging of late: The price of the metal has been undergoing extraordinary reversal from a decade-long rally. … Continue reading
Max Keiser on the “Blind Cult of America”
Max Keiser’s money program is uneven in quality and alarmist catnip for gold bugs, but this recent episode is mildly entertaining (though I don’t like his anti-intellectual populist posturing against Nobel Prize winning economist Paul Krugman). Max Keiser presents himself as a truth-teller bravely … Continue reading
Posted in Uncategorized
Tagged America, cults, depression 2.0, economics, gold, max keiser, money, Paul Krugman, social psychology, the economy
1 Comment
California is Spain: A Debt Crisis Looms for the Golden State
This is front page news in the New York Times today, and, as a California resident, it’s alarming: [M]any state and local governments have so much debt — several trillion dollars’ worth, with much of it off the books and largely … Continue reading
Posted in Uncategorized
Tagged America, California, debt, debt crisis, economics, economy, gold, Great Depression 2.0, illinois, jerry brown, new jersey, Sarah Palin
3 Comments
While you were sleeping, Europe’s Greece crisis was deepening
This at the UK’s Guardian: “The crisis in Greece could pose as big a risk to the global economy and financial markets as the collapse of Lehman Brothers did in September 2008”, said Julian Jessop, of Capital Economics. He added: … Continue reading
Posted in Uncategorized
Tagged debt, economics, global economy, gold, Great Depression 2.0, niall ferguson, panic, recession, silver
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