The U.S. economy will soon experience a strange period of inflation deflation. Commodity prices such as food and fuel will be rising, while asset prices such as housing and stocks will be declining. It is a double squeeze on the economy that will create a double dip recession.
When I accurately predicted the stock market and […]
Entries from February 2010
Inflation Deflation Double Dip Recession
August 26th, 2009 · No Comments
Tags: News
No Social Security COLA Increase
August 23rd, 2009 · No Comments
Retired seniors collecting Social Security will not be receiving a COLA increase, or Cost of Living Adjustment, in their 2010 and 2011 monthly Social Security checks. In fact, millions of Seniors who are enrolled in the Medicare prescription drug program, and who have their premiums deducted from their Social Security checks, will for the first […]
Tags: News
My Five Favorite Economists
August 7th, 2009 · No Comments
Economists are finally cool. Yes, even sexy. If you’re a young man who wants to pick-up chicks, see the photo above of Dr. Nouriel Roubini, study to become an economist. Economists are hip. Everyone wants to be able to say - “My friend is an economist. And he says that the economy […]
Tags: Investing
Retirement Lock Out
August 1st, 2009 · No Comments
Seven retirees aged 55 to 87, were arrested by Los Angeles police after they staged a six hour sit-in at Sen. Dianne Feinstein’s West Los Angeles office, demanding to speak to the Senator about health care reform. According to the AP article, “Los Angeles police Sergeant Rich Brunson said Thursday that police lured the group […]
Tags: News
