It really isn’t difficult to find things to write about!  Especially when the economics of a once great nation have been emaciated, plundered, and bankrupted.  Do you realize that every man, woman, and child in America, as of today, has as a personal part of the national debt, close to $117,000?  Do you realize […]

  In the 1980’s, Japan had a spectacular bubble.  Everything was roaring, and the Nikkei went to just a hair shy of 40,000.  It’s less than a fifth of that now, some 29 years later.  When the bubble burst, real estate prices dropped 80%.  The Japanese government did everything they could to arrest the bubble […]

  Twenty of the top most economists met last weekend, to try to figure out what to do to fix the world wide depression, which has just gotten started.  The “G-20” people, I am certain, had all expenses paid and spent the weekend in posh luxury, which of course, is what all government representatives should […]

  I really believe that all bubbles must burst.  Bubbles are highly unstable!  This one had to pop eventually, and of course it did.  Most will blame it on greed, but that’s like blaming plane crashes on gravity.  There were several causes of the current depression, but the main one is that there is no […]

  (Before I get into today’s harassment, I’d like to inform you readers of a certain situation.  A year and a half ago, this business was so good, that it was taking far more energy and time than I wanted to put into it, so I decided to retire for the third time. It wasn’t […]

  There is another type of capital, which can make or break a nation, and for that matter, a civilization.  That would be human capital.  Let’s start with a quote from Dr. Adrian Rogers, who lived from 1931 to 2005. “You cannot legislate the poor into freedom by legislating the wealthy out of freedom.  What […]

  The Dictionary gives several definitions of “Capital” as regards money, but they all boil down to “wealth.”  If one dissipates one’s capital, one becomes broke.  Make sense?  If a person spends more than they take in, they are losing capital.  What creates capital?  Capital is created by making a profit on an endeavor such […]

  First of all, I really believe that we have another FDR on our hands.  Obama is a superb orator.  With those teleprompters at hand, he is an absolute master.  He has a deep, resonant voice, is extremely intelligent, and can read those speeches with total ease and composure.  His speech Tuesday night was masterful […]

  As everyone rejoices at $1,000 gold, please remember that in 1980, gold was also at $1,000.  In 1980, with gold at $1,000, things then were a bit different as far as economics are concerned.  As an example, in 1980. the average annual income was $17,710.  In 1980, a stamp was fifteen cents, eggs ninety […]

  As everyone rejoices at $1,000 gold, please remember that in 1980, gold was also at $1,000.  In 1980, with gold at $1,000, things then were a bit different as far as economics are concerned.  As an example, in 1980. the average annual income was $17,710.  In 1980, a stamp was fifteen cents, eggs ninety […]