Category Archives: Collapse 2008

Commentary – history mystery – 2012 world end? – Oct 5, 2008

It’s been another week of tumult in both the financial and political worlds. This will be another longish article. If I appear to be rambling, please bear with me because I will eventually wrap it up.             I once had … Continue reading

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December 2008 Crash Update – Dec. 20, 2008

So much has happened lately that’s it’s difficult to know where to start. So much has happened lately that it’s difficult to keep up with all the news. There’s lots of news. Much of this will not be in the … Continue reading

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Financial news videos-more doom & gloom – Dec. 6, 2008

Here are some interesting financial news videos; stuff you won’t see on the evening news. The first is some more Peter Schiff Analogies. http://www.youtube.com/watch?v=vweLBpE4mso In this next one Meredith Whitney, executive director of equity research at Oppenheimer, discusses the credit … Continue reading

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LIBOR a joke – Nov. 11, 2008

Gotta love that crusty American Jim Sinclair! For most of this past year I have been skeptical of LIBOR rates (London InterBank Offered Rate – the rate that banks supposedly lend to one another,) that select British banks SELF-REPORT. Banks … Continue reading

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A credit crater too big to fill – Nov. 5, 2008

You can read the attached lengthy article from MSN Money based on input from Satyajit Das, a name you might remember from one of my own articles. Satyajit, a banking expert, wrote a 4,000 page text on derivatives (structured financial … Continue reading

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Farewell Capitalism – Oct. 21, 2008

With the recent nationalization of U.S. financial institutions, we’ve seen the death of capitalism. When will they have the funeral? It doesn’t take long for “rugged independence” to become pigs feeding at the public trough. See article below from WStreet … Continue reading

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More Financial Insanity – Oct. 21, 2008

So this weekend, the ECU and the EU and the IMF and SHIT and all the King’s Horses and all the King’s men got together and decided to use more Keynesian economics (spend lots more of the taxpayer’s money) to … Continue reading

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