Gary North: Which Flation will Get Us?

By Striker, on September 8th, 2009

WHICH FLATION WILL GET US? from garynorth.com

Date 9/8/2009

Issue 109

One of them will. That’s if things work out really well. Two or three will if things go according to the Austrian theory of the business cycle.

Americans have been living in the eye of the monetary hurricane. [...]

September 8th, 2009 | Tags: , , , , , , , , , , , , , , , | Category: Economy, Money-Banking | Leave a comment

Iceland expected to turn left in weekend election

By Dean Striker, on April 25th, 2009

Nobody wants to mention tax rises just ahead of the elections,” said Thorolfur Matthiasson, an economics professor at the University of Iceland. “But if the budget deficit is 10 percent of GDP and the official debt is approximately what the nation can produce in one year, then the politicians will have to raise tax and [...]

April 25th, 2009 | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Category: Economy, SocialSites | Leave a comment

The Collapse of the World Banking System

By John Galt, on July 14th, 2008

Recent events surrounding the failure of Indy-Mac banks have caused quite a stir in the financial markets. Of course our federal government has assured all of us that they will intervene and shore up the failing financial institution to the tune of approx. $10 billion dollars. The amount itself is staggering, and of course we [...]

July 14th, 2008 | Tags: , , , , , , , | Category: Money-Banking | Leave a comment