Dec 13 2008
Recessions: The Last 5 Recessions and Measuring how long we will have job losses. This will be the worst recession since World War II.
Forecasting is a tricky road to walk on in the investing world. That is why trying to predict future job losses is more of an educated guess. In fact, the National Bureau of Economic Research (NBER) only recently stated that we were in fact in a recession. I have put out an estimate that by [...]
Dec 12 2008
How to get out of Debt: Can it be the American Consumer is Contributing to Deflation by Paying off Debt?
The Federal Reserve flow of funds report was issued this week and for the first time since 1951, when records started being kept household debt has actually declined. The larger meaning of this? Many Americans simply cannot take on anymore debt. What it also means is that many Americans are more reluctant to take on [...]
