Daily Archives: November 7, 2011

We hear so much horse dung today about what kind of “solutions can be orchestrated to resolve the debt crisis”.  It is dead simple: we let the bad loans go bust, we let the investors who made bad bets take losses, and we start … Continue reading →

Right here this U.S. economy is dipping into a recession and nothing that has transpired changes a forecast for a recession, says Lakshman Achuthan, Economic Cycle Research co-founder/chief operations office, who adds that highly negative growth rate is still being … Continue reading →

Over the past few centuries, Western cultures have been very good at creating general prosperity for themselves. Historian Niall Ferguson asks: Why the West, and less so the rest? He suggests half a dozen big ideas from Western culture — … Continue reading →