Recent content by slamminshaun

That video link is great. But I'm not convinced you can learn Austrian economics on videos alone. If you're like me, you need at least some reading materials and books to go along with the lectures. Check out this 52-week home study course for Austrian economics, presented by the Mises...

They have budget surpluses, are a creditor nation, largest trade surplus on the planet, and a personal savings rate of between 20-30%. Like other nations, their government will "stimulate"...the difference being, their stimulus is paid with cash instead of borrowed money. It's like the...

Exactly. The only thing "guaranteed" is the nominal value of your account. Ironically, their guarantee is based on the Fed's ability to inflate if the FDIC runs out of money, which only guarantees the dollars you get are worth less. The dollar index has gone down almost 15% over the past 3...

YouTube - FDIC Public Service Announcement: "Shoebox" Closed Captioned

Turns out AIG was responsible for the phony profits.... http://zerohedge.blogspot.com/2009/03/exclusive-aig-was-responsible-for-banks.html

Maher can talk social issues all day...but when it comes to economics, he can only repeat the bumper sticker slogans people like Barney Frank and Nancy Pelosi come up with.

Here is the best explanation I've seen, from Mike Morgan.... Now consider this. Part 1 - The slick boys on Wall Street will buy bank and insurance company stock cheap. These are the banks and insurance companies that would have been forced out of business, if Tim the Tax Cheat (T3C) had not...

Fed isn't buying Treasuries until tomorrow. http://www.marketwatch.com/news/story/Fed-start-buying-Treasurys-Wednesday/story.aspx?guid={5B29573F-4A1A-4297-9334-8FB374F6D1E9} Interesting article to follow this up...

The only thing I can gather from that article is that Gregg thinks Obama is on the right course to save the economy by bankrupting it and making the country too expensive to live in. Talk about talking out both sides of your mouth....

How is bankrupting the country on the right path? I'm confused dude....I don't see anywhere in that article that Gregg supports Obama's economic policies. What am I missing?

LOL, the author says it like it's a good thing....

Why would you short bank stocks today of all days? Did you seriously believe the Geithner plan was going to send financials into the basement?

Considering the potential confiscation risk, why would anyone publicly announce where they're keeping it?

Remember the article by Merdith Whitney? She believes credit card limits will be cut this year. So, if you pay down your credit card, chances are you might see your limit ride your balance all the way down. This happened to HELOC borrowers, and anyone with a HELOC found out the hard way they...

Acura TL...you can get this for under $35,000. Honda Accord and Toyota Camry are well below $35,000.