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Monthly Archives: August 2011
Why I don’t predict the future is one reason you should follow these blogs. If you listen to the media, you will hear from would-be economists that an economic collapse—worse then the Great Depression—is inevitable. Freddie Krueger from the movie … Continue reading
Americans are obsessed with a lot of things, but one of the most puzzling is their affinity for gloomy prognostications about the future. George Orwell’s 1984, Harry Figgie’s Bankruptcy 1995, and The Coming Economic Earthquake by ever-popular Christian financial author … Continue reading
Imagine yourself in 1979. The economy is in a deep recession. Because of the Carter Administration, interest rates are at an all-time high. Home financing is next to impossible. In fact, borrowing money for any purpose has ground to a … Continue reading
On Monday of this week, the New York stock market crashed, spiraling 600 points downward. August 8, 2011, was the sixth time in history the stock market has fallen that many points in a day. On August 9, 2011, the … Continue reading