GSE preferred trashed (1); White Trash Planet (1).
naked capitalism Mon 2010-01-11 20:12 EST
Everyone knows that the too big to fails and their dishonest and footsy-playing regulators and politicians are largely responsible for trashing the economy. But the military-industrial complex shares much of the blame.
economy; Guest Post; Military-Industrial Compex; naked capitalism; ruins.
naked capitalism Wed 2009-11-25 11:37 EST
...cash is now trash with zero interest rates. So holding cash means underperforming. Bonds present an unfavourable risk/reward. Therefore, commodities and precious metals look attractive. One must also have equities exposure. Interestingly, he makes a fairly explicit statement in favour of peak oil from about 1:40 in the second video below. The world is adding less in oil reserves than it consumes. That necessarily means a tighter supply/demand dynamic, especially given the demand in emerging economies for oil.
000; 1; Marc Faber; naked capitalism; ounce probably; see gold; Think.
Tue 2008-09-23 00:00 EDT
Mon 2007-07-16 00:00 EDT
A Guide to the White Trash Planet for Urban Liberals; class in America; 2005-02-18
Joe Bageant; piss; Poor; White.
