Posted on October 21st, 2008 by Zivanet
The Chinese Perspective: What Global Recession? by Tony Sagami You’ve probably never heard of the Canton Fair, but it is the largest trade fair in the world, where thousands of manufacturers, businessmen, and merchants gather to conduct business. The Canton Fair is co-hosted by the Ministry of Commerce of the People’s Republic of China and [...]
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Posted on October 17th, 2008 by Zivanet
Why Mortgage Rates Are Rising Despite Government Efforts! by Mike Larson The government is throwing everything … and I do mean EVERYTHING … at the credit and mortgage markets. It has taken over Fannie Mae and Freddie Mac. It has agreed to buy Mortgage Backed Securities (MBS) in the open market. It has pledged to [...]
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Posted on October 16th, 2008 by Zivanet
Dow Drops 733; Another Reason to Like Gold by Larry Edelson The credit collapse is not entirely over. Nor is its impact on Main Street. And as we saw yesterday, there will be more sell-offs, sharp ones that scare the dickens out of nearly everyone. That’s why I suggest sticking mainly with natural resource-based companies [...]
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Posted on October 13th, 2008 by Zivanet
Why Financial Collapses Are Unavoidable And Government Actions May Be Backfiring by Martin D. Weiss, Ph.D. 10-13-08 Open Letter to: Dominique Strauss-Kahn, Managing Director of The International Monetary Fund (IMF) From: Martin D. Weiss, Ph.D., Chairman, Sound Dollar Committee Dear IMF Managing Director Strauss-Kahn: This past Saturday, October 11, 2008 at a joint press conference [...]
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