Tag Archives: Recession

GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

From a week burgeoning with news, help yourself: A man beset by bedbugs set his apartment on fire. (That should fix the bedbugs …) China is facing its version of the 1929 Great Depression. A never used, now demolished skyscraper … Continue reading

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When You Wish Upon A Fed…

Our economy is recovering, right? The stock market has risen, real estate prices likewise and the government says things are improving. Thank Obama! Of course, the numbers of people employed haven’t changed much and folks are still facing layoffs. New … Continue reading

Posted in Banks, Competition, Domestic Policy, Economics, Finance, Home Ownership, Inflation, Investing, Politics, Recession | Tagged , , , , , , | Leave a comment

Test Question (Pick One): We are in RECOVERY or in RECESSION or in DEPRESSION

Beauty, they say, is in the eye of the beholder. Do you know whether we are in recovery (Dems) or stuck in recession (GOP)? The White House clearly states that things are getting better; we’re in recovery. Of course, they’ve been … Continue reading

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Fixing Figure Skating: (Part Two: Finance)

Figure skating before television (BT) was an adult social activity of ballroom dancing on skates and a sport for daughters of the well-to-do in competition. The skaters often switched to tennis in the summer. The cost of ice and instruction … Continue reading

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How Many Soldiers Must You See To Decide There Must Be a War?

We’ve been writing recently of the inexorable steps toward financial collapse as they have occurred. First was the Argentine government freezing supermarket prices in response to inflation coupled with Venezuela’s 46% currency devaluation. (World oil market). Our next milestone toward … Continue reading

Posted in Bank Failure, Debt, Depression, Domestic Policy, Europe, Fiscal/Financial Responsibility, Inflation, Overspending, Uncategorized | Tagged , , , , , , | 2 Comments

The Sound of a Second Shoe, Dropping…

We recently noted two South American markers (with some surprise) as the onset of the next phase of the world’s economic collapse. We expected some time to pass before the next one turned up. We were optimists… Last time, we … Continue reading

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