Market Analysts are wrong

thanks to toothpaste for dinner for this This may be news to some of you, but the market itself is full of it. The analysts who track the bulls and bears are full of it. And the folks who gamble their savings on a fictional index of movers and shakers? Well they are full of it too. One of my favorite sources for not-so-LOLZ Doom and Gloom, Bank-Implode.com, had an interesting article yesterday on just how full of it the scheme is: Even now, with the recession deepening and markets on edge, W Tags: ,

Economic Serfdom

America is facing a 1929 style depression and it did not happen simply because the stock market crashed, the grossly inflated real estate market imploded and financial industry fell into the credit market black hole it had created for itself. The signs had been there for a long time... Tags: ,