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Monthly Archives: February 2012
Ugly Debt Outcomes
John Mauldin, in a recent “Thoughts from the Front Line” newsletter, made some interesting and candid comments about the US Federal deficit and debt[1] (emphasis added): Further, I believe that dealing with the deficit crisis is the single most important … Continue reading
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Japan Has a Trade Deficit?
A “Bloomberg” article reported last week that Japan’s trade deficit reached record levels on a slowing demand for Japanese exports. This from the article[1] (emphasis added): Japan posted a record trade deficit in January as the yen’s strength and weaker … Continue reading
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Has Housing Bottomed?
An article in “Housing Predictor”, a publication dedicated to real estate news and forecasting, recently predicted that the housing market would bottom in 2014. To be fair, my original forecast of a housing market bottom (made 3 years ago) was … Continue reading
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Pennies and Nickels to Change?
One of the problems that occur when a currency is devalued is that it can actually cost more to make a coin than the coin is worth. This from CNN Money[1] (emphasis added): The U.S. Mint is facing a problem … Continue reading
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Out of Control
Many of us agree that government regulation is far too intrusive and overreaching. Some of us even feel like getting up on our soapbox once in awhile and talking about it. I’ve been feeling more like that lately given what’s … Continue reading
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