Broad Oak Magazine
*** FUTURE POSTS WILL ALSO APPEAR AT 'NOW AND NEXT' : https://rolfnorfolk.substack.com
Tuesday, August 14, 2007
Which one's rich?
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....................... Who's flying high now? Let's see how we're doing. America's reserve assets at April 2007 were $66...
Don't get mad
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Adrian Ash in the Daily Reckoning Australia today , passes on some facts about the drop in US mortgage underwriting standards: ...mortgage u...
Monday, August 13, 2007
Thirty donkeys and a boiled frog
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The Mogambo Guru (Richard Daughty) says that a modern US dollar buys what you could have got for about 2 cents in 1913. The same is true of...
More old news
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Thomas Nast: "The Comet of Chinese Labour" ( 1870 ) The use of cheap foreign labour to undercut unionised American workers and be...
Sunday, August 12, 2007
Dow predictions revisited
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I wondered recently about the growth of the Dow relative to the FTSE since 1987, and speculated that it could fall by anything up to 50%. D...
Not so funny money
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"By inflation you will burst - let well enough alone, and don't make it worse" ( Thomas Nast , 20 December 1873) Captions: (1...
Saturday, August 11, 2007
Doug Casey: sounding grim and clear
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A trenchant interview with Doug Casey in Financial Sense today. Some highlights: At some point there’s going to be a panic out of the dolla...
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