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Posts under ‘The Financial Media’

The True Origins Of The Global Credit Crisis Explained

The financial talking-heads and, therefore, the general public tend to believe that “sub-prime mortgages” are almost entirely to blame for the global financial crisis. To me, this is ridiculous on its face and is more of a cruel joke – bordering on class-sanctioned bigotry – than anything even remotely related to fact. Depending upon how […]

Credit Default Swaps: How Fleas Kill A Dog

I‘ve been on the lookout for an article with a concise description of the ongoing saga of the Credit Default Swaps (CDS) markets to pass along to readers and I have found a nice, simple one on the Guardian UK website. This article is written at a level any newbie can understand yet provides current […]

Doesn’t This Say It All?

QUOTE: “Feb. 9 (Bloomberg) — The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.” You can read the rest of this article here if you’re interested: U.S. Taxpayers Risk $9.7 […]

A Suggested Read: Plunder And Blunder by Dean Baker

I just spotted an interesting article written about a new book entitled “Plunder and Blunder: The Rise and Fall of the Bubble Economy” by Dean Baker, the co-director of the Center for Economic and Policy Research. First, read this excellent (and short) article: Plunder and Blunder; How the ‘Financial Experts’ Keep Screwing You Those of […]

Credit Tsunami Wave II: 2009 – 2012 (and beyond?)

Surf’s up! But this is one wave you may want to sit out “high-and-dry”, far up on the hillside. Watch CBS Videos Online Important Notice To Viewers: Beware the obligatory mainstream media “market cheerleading” toward the end of this video. Otherwise, it’s just confirming what we in the blogosphere have been talking about for 18 […]

FINANCIAL PLANNING: My Guess Or Yours? Why It’s Absurd And Doomed To Fail From The Very Start

Upon reading that title, I’m sure some of you are thinking that I must have completely lost my mind. Well, of course that’s not true. But, how could something as universally accepted, widely followed, and apparently “innocent and necessary” as financial planning be setting so many of those who unquestioningly apply it on a course […]

Here’s What Your World Looks Like When Your Nation’s Currency Fails You

I’ve been watching for an “on the street” report to bring to your attention what can happen to the citizens of a country whose currency is failing. As fate would have it, an exceptionally good story has finally shown up. We should all take this opportunity to learn from this chance insight into exactly what […]

Nearing Impact: A U.S. Debt Crash Course

Over the past decade or so, I have occasionally seen an article – or sometimes a chart – referencing the dollar amount of marginal or “extra” U.S. Gross Domestic Product (GDP) that is generated by adding each new dollar of government debt. In other words, with their unique brand of wisdom, the federal government tries […]

Jim Rogers Interview: Telling It Like It Is

Anyone who wants to weigh opinions of commentators on financial markets would be well-served to listen to people who have made millions and billions of their own and have ALSO managed their personal affairs in such a way as to break completely free from any constraints of obligation to a particular editorial stance, political party […]

Fixed Indexed Annuities: What They Are and How They Might Benefit You

Fixed indexed annuities – also known as equity indexed annuities – made their initial debut in the middle part of the 1990’s but have been gaining popularity at an especially rapid pace over the last five or six years due, primarily, to the extreme levels of volatility in the stock and bond markets. So why […]