Posted on May 6, 2008 by MoneyBob
Go ahead and read those apocalyptic books on the economy if you like a good scare. But be sure you recognize fiction when you see it.
By Jim Jubak
If fairy tales express our deepest fears, then investors must be on the verge of a psychotic breakdown.
The current crop of financial gloom-and-doom books carry titles such [...]
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Posted on April 29, 2008 by MoneyBob
Why this crisis is still far from finished
By Mohamed El-Erian
Published: April 24 2008
During the past few weeks we have seen a growing number of market participants predict an end to the dislocations that erupted last summer and claimed victims throughout the financial system and beyond. While their predictions are understandable, they are premature. The dynamics [...]
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Posted on April 20, 2008 by MoneyBob
Read This - and get out of debt and start to save more cash
Filed under: Credit Crunch, Dooms Day, Economy, Gold, Inflation, Interest Rates, Market History, Retirement, Silver, The Fed, economics | Tagged: Dooms Day, economics, Economy, Gold, Personal, Personal Thoughts, Silver, US Dollar, Work | 1 Comment »
Posted on March 7, 2008 by MoneyBob
Rapid Deterioration
Housing in deepest decline since the Great Depression, economist says
By Steve Kerch, MarketWatch
Last update: 4:48 p.m. EST March 4, 2008
CHICAGO (MarketWatch) — Housing is in its “deepest, most rapid downswing since the Great Depression,” the chief economist for the National Association of Home Builders said Tuesday, and the downward momentum on housing prices appears [...]
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