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Monthly Archives: September 2008
Deregulation
I have been watching the markets for a while. Having left financials a long time ago and not advocated them, I saw this company for a while. Having lived through the dotcom bubble, I knew the signs and this has … Continue reading
Jim Rogers, The US is a Socialist Country
Jim Rogers, a regular on business news programs, commented on CNBC that the US is now a socialist country for the wealthy. I don’t always agree with Jim but he is correct on this analysis, we have gone very socialist … Continue reading
Fannie and Freddie
The Feds over the weekend announced they were “helping” Fannie and Freddie. I believe they announced the Bear Sterns deal over the weekend too when that came out. As Schumpeter wrote, this could be a sign of the end of … Continue reading
Donuts and the Economy
I admit it, I love raspberry bismarks. I don’t really care for any other donut, just that, with its ice topping and raspberriness center. So yesterday I bought one and noticed the price had gone up again! The local shop … Continue reading