Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on November 14, 2011
With 9% unemployment, there is little hope for getting a job for those who have been out of work over a year. They are losing skills and losing hope. Now the government checks have stopped for over 50% of them. With an election year coming, Congress may cough up another $45 billion to make payments. […]
Continue reading →Written by Gary North on November 14, 2011
The Establishment economists do not see this, nor did they see gold at $1,700 in 2001. But occasionally one of them changes his mind. Dr. Peter Morici did. He thinks that the turmoil in Europe’s economy will push gold higher. He thinks the problems in Europe will not be solved. I agree with him on […]
Continue reading →Written by Gary North on November 2, 2011
Because the eurozone is staggering. The euro is the only competitor to the U.S. dollar internationally today. It is the 700-lb gorilla, and it is going to go back up to 800 lbs. The euro is threatened by the default of Greece, Spain, and Italy. The banks of Europe are at risk. The only solution […]
Continue reading →Written by Gary North on November 2, 2011
Because it was designed to fail. If the Congress had wanted to get the debt problem solved, it would have voted for “failure sanctions” with sharp teeth. What are the negative sanctions for failing to come to an agreement? Few people remember. Do you? Here is what will take place if the supercommittee fails to […]
Continue reading →Written by Gary North on November 1, 2011
Yesterday’s intervention by six central banks indicates how close to the edge of a financial crisis the world now is. A hard-hitting article in Britain’s Guardian reveals how close to a breakdown banks are in. The stunning move by six central banks to announce emergency measures to push more dollars into the financial system shows […]
Continue reading →Written by Gary North on January 2, 2011
Written by Gary North on January 2, 2011
Did you know that the USA exports almost 3 million barrels of refined fuels — gasoline and diesel — every day? Most Americans are unaware of this. U.S. refineries exported a record amount of refined fuels in 2011 to markets in South America, Central America and Europe. It was one reason why Americans spent a […]
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