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Oct
07
PRN: Vol. 1, Num. 6 | October 7, 2011

Approaching an Event Horizon?

The cover of today's The Economist (Britain's respected 170-year-old news weekly) shows a swirling black hole sucking in the words "Be Afraid." The insinuation is we're nearing an event horizon, the devastating boundary at the mouth of a black hole beyond which nothing can escape, not even light. The past few week... read more »

Keywords: Arab Spring, BRIC, Change, Congress, Economics, Egypt, Gold, Greece, Healthcare, History, Italy, PIIGS, Progress, Putin, Recession, Russia, Shaken, Stock Markets, Timothy Geithner, Unemployment

Jul
26
PRN: Vol. 1, Num. 4 | July 26, 2011

The US Economy: When Gradual Becomes Sudden

Hemingway was once asked "How did you go bankrupt?" He said "First gradually, then suddenly."

Well, we're a long way down this road now, and we've just about run out of gradually. See that cliff ahead? That's the beginning of suddenly.

Suddenly is like one September morning in ... read more »

Keywords: Baby Boomers, China, Congress, Construction, Debt, Default, Employment, Entitlements, GDP, Jobs, Medicare, Paul Ryan, Ratings agencies, Real Estate, Recession, Social Security, Timothy Geithner, Treasury, Unemployment