Krugman’s Fantasy World

This is what passes for great thinking these days.  In this article in the Guardian, Paul Krugman essentially says “Hey, we’re all broke and deep in debt. What should we do?” He answers by saying (again, I’m paraphrasing) “Print more money and spend it! Give it away! Go ahead, it won’t hurt a thing! Free […]

2009 Shock and Awe

I read this a few minutes ago from yesterday’s DailyReckoning.com.  It’s an excellent article by Doug Casey. I’m going to quote a few paragraphs from his article (linked above) and highlight a few items which tie into my diatribe about savings yesterday. “The things they’re doing are not only unproductive, they’re the exact opposite of […]