Governments Fail to Do the Hard Thing Every Time

When I was trading the markets I read many books on the subject. One theme came through apart from the big one – always use stop losses. It was that you should always try to do the hard thing. For instance the hard thing when trading is to sell a stock and take a loss. […]

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The Coming Inflation Crisis in America

Today I heard on cable there is a rush to inflation fighting ETFs and Bonds. It looks like the smart money is moving in early to park their wealth until the inflation or the fear of it is over. Now I’m about to make a statement that is a cut off your nose to spite […]

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Mr Obama should be made a Living Saint

I can only cry wolf so many times before people cease to listen. Isn’t that what happened when several rational economists kept telling the financial world and governments that the sub prime mortgages would destroy the world’s economy? Weren’t they ridiculed and laughed off the economic stage? I am just staggered at the nonsense economics […]

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Are You “C” – The Forgotten Man?

Sumner’s The Forgotten Man, As soon as A observes which seems to him to be wrong, from which X is suffering, A talks it over with B and they propose to get a law passed to remedy the evil and help X.  Their law always proposes to determine what C shall do for X or […]

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Economics in One Short Lesson for Baby Boomers

I expect this is where you all fall asleep. The mere mention of economics is enough to do this to most people. But give me a few moments here please. Do you feel uneasy about what your government is doing to get us out of this financial mess? Do you want some answers? Then read […]

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Taking the Investment Road Less Travelled

Over the last few months it has been a revelation to me to see how many politicians openly lie and defy reality to defend their party ideology. It’s more important to be faithful to the party than to face economic reality. So I am in a serious review of where to go from here. There […]

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IMF creates SDR to Redistribute the Wealth

If you have been following the financial press of late you will have read the IMF may be making a comeback to center stage. It seems the G20 may well agree to make them a world bank of sorts with their own currency called the SDR – Special Drawing Rights. The US can stop this […]

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The New Economic Order – G20 is the De Facto World Bank

The G20 summit at Pittsburgh will likely be the meeting where the 20 leaders of the “advanced” nations cement their commitment to maintain their financial hold on their respective economies. This will be done to ensure there is not a double dip recession which would be catastrophic for world economies but more importantly, their re-election. […]

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