The Real Estate Bust Is Far From Over
But no area of commercial property will be spared the bloodbath.
But no area of commercial property will be spared the bloodbath.
What a warped view of how the market economy works, to think that savings and foreign investment can cripple an economy.
Incessant creation of fiat money by government central banks will serve to engender more speculative booms to lure investors into financial ruin.
Since the heart of credit is real savings, it is obvious that no government schemes, such as cleansing banks' balance sheets, can increase fully backed credit.
Do we already have inflation in the pipeline? I think so.
As the president signs the trillion-dollar stimulus package into law, financial networks are abuzz with investment pundits speculating on what comp
By flooding the credit markets with money created out of thin air, the central banks of the world are interfering with humans' attempts to communicate with each other after the housing bubble popped.
In their zeal to oppose the lunacy of the so-called “stimulus” plan, many radio talk show hosts and other pundits have fallen into the
What permits real economic growth is an improvement in the investment infrastructure of the production process. What makes the improvement possible is real savings.
Just as "war is too important to be left to the generals," accounting is too vital for the economy and everyone's finances to have been left to the experts.