Bernanke: “Economic Prospects for the Long Run” This is a from commencement speech today by Fed Chairman Ben Bernanke: Economic Prospects for the Long Run Now here’s a question–in fact, a key question, I imagine, from your perspective. What does the future hold for the working lives of today’s graduates? The economic implications of the first...
Investing in Hot Macau – Chinaâs Version of Las Vegas George Leong writes: Gambling is akin to trading, but with much more risk of failure. Everyone knows Las Vegas as the gambling capital of the United States, but Macau is hot and growing. Macau is designated a special administrative region of China, which means...
What I Know for Certain Death and taxes! Fear and greed are powerful motivators. Individuals, businesses, and governments do what they think is beneficial for them. Businesses and governments protect their products and territory and resist competition and enemies. Concentrated wealth creates power and corruption. The greater the concentration of...
When Chris Matthews files for divorce from Barack Obama, you know the world is upside down. When the liberal online rag, Politico, features a clip of Matthews saying, “ obviously likes giving speeches more than he does running the executive branch,” we’re through the Looking Glass. The liberal jackals are stalking their own leader,...
U.S. Dollar Collapse and Japanâs Sham Currency War US$ dollars have been flooding the financial markets ever since Bernanke launched quantitative easing allegedly to turnaround the US economy. These huge amounts of US$ toilet paper are mainly in financial markets (and in central banks) outside of the United States. A huge chunk is represented...
Don’t Bet Against a Surging U.S. Dollar Ben Gersten writes: In the midst of a brewing currency war, Japan‘s out-of-control monetary policy has caused the yen to fall to an almost five-year low against the U.S. dollar. With an economy one-third the size of that of the United States, Japan has committed itself to...
When an opponent declares, “I will not come over to your side,” I calmly say, “Your child belongs to us already…What are you? You will pass on. Your descendants, however, now stand in the new camp. In a short time they will know nothing else but this new community.”…Mein Kampf An excerpt from a...
