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Monthly Archives: December 2007
The inconvenient truth about American consumption
“The western world has embarked on a speculative journey for which all the historical precedents are ominous.” —Peter Warburton Although many are now having to acknowledge the worldwide impact of the sub-prime crisis, some are still singing optimistic tones that … Continue reading
This morning's BNN appearance, Mon Dec 17 at 9:20 am
For those who are interested, here is a link to my BNN interview Business News Network (BNN) this morning Dec 17 at 9:20, on Market Lookahead.
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Homeless shelters strain to absorb the real fallout from the sub-prime crisis
Pain and suffering created by the greed and reckless lending of this business cycle will plague us for some time to come. Social service agencies say homeless rates are on the rise not only as families lose their own homes … Continue reading
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