Worth a read: Carlyle Dunbar, The Globe and Mail Excerpt: I recall a 1974 New Yorker cartoon caption saying, “What do you suppose happens when
readWhile profiting this month quite nicely on the short side, I’m getting tired and very scared by stock market situation. (Not to mention, the upside
readAll of these sound very familiar… Great Depression Controversies and Facts “Each crash was followed by a sharp partial recovery as shorts covered and new
read“Word on the street” is that some big companies are reducing work hours so that the employees quit (in retail, if you’re employed under 40
readSOCIALISM You have two cows. You give one to your neighbour. COMMUNISM You have two cows. The State takes both and gives you some milk.
readTHE REAL REASON WHY THE DEPRESSION OCCURRED 1. DEBT AND TARIFFS Debt – check! Tariffs – ?? 2. THE COLLAPSE OF CREDIT MARKETS Check 3.
readSomeone talked about “Plan B – Moving to Canada”. It’s a mixed bag: Business lending tightens across Canada September employment soars unexpectedly: Canadian employers create
readVery painful to watch the markets. Sorry for the people who had invested many years ago and are flat or losing money now. Though there
readTimely newsletter as I was lost! It’s long but helpful if you want to understand the problem. Source: SmallCapNetwork The What Spread? …The TED spread
readSource: NYT Treasury Dept. Would Hope to Spur Lending By EDMUND L. ANDREWS and MARK LANDLER 2 minutes ago The Treasury Department is considering taking
readSource: CNN NEW YORK (CNNMoney.com) — Nearly six out of ten Americans believe another economic depression is likely, according to a poll released Monday. They’re
readView More