Questions for 2009 (cont.) with Dr. Martin Weiss, PhD.
MORE HOUSEHOLD DEBT - U.S. households are in far great debt today with much less savings. In the 1930,s, mortgages were rarer and less onerous. For all practical purposes, second mortgages, home equity loans, creative financing, and credit cards didn't even exist. Today, they are everywhere in our society.
U.S. IS NOW A DEBTOR NATION - In the 1930's the U.S. had large surpluses of foreign reserves and was a creditor to the rest of the world. Now, it has minimal reserves and huge foreign debts. As a result, there's ultimately a limit to how much Washington can throw good money after bad to save the U.S. economy before foreign investors rebel, refusing to continue providing abundant credit.
DERIVITIVES - In the early 1930's, derivatives were virtually unknown - - a tiny niche of little consequence. Today there are nearly $600 TRILLION in notional value derivatives globally, according to the Bank of International Settlements. The forced liquidation of many of these derivatives could frustrate government efforts to revive credit markets, driving the global economy into a deeper decline than would normally be expected.
Tuesday, December 30, 2008
Monday, December 29, 2008
Urgent Questions for 2009
Dr. Martin Weiss of Money & Markets received a series of urgent questions about the massive crisis swirling all around us. So to help prepare for 2009 he is giving his best answers.
URGENT QUESTION: I see disturbing similarities between this crisis and the Great Depression. Both were triggered by the bursting of massive debt bubbles, for instance. But this time, the government is doing so much more to pump up the economy. So is it safe to assume that this crisis will be a lot less severe than the 1930's?
Answer: No, it's not safe to make that assumption. True, the government's massive intervention is a major factor. but there are also powerful factors that can offset or even overwhelm the government's impact.
*BROADER SPECULATIVE BUBBLES. In the years prior to the Crash of 1929, the bubbles were limited primarily to stock speculation and restricted to a minority of the population. This time, the speculation has engulfed not only stocks but also millions of homes, commercial properties, local governments, corporations, and entire nations.
Next time we will continue with Dr. Weiss and household debt, U.S. a debtor nation and derivatives.
URGENT QUESTION: I see disturbing similarities between this crisis and the Great Depression. Both were triggered by the bursting of massive debt bubbles, for instance. But this time, the government is doing so much more to pump up the economy. So is it safe to assume that this crisis will be a lot less severe than the 1930's?
Answer: No, it's not safe to make that assumption. True, the government's massive intervention is a major factor. but there are also powerful factors that can offset or even overwhelm the government's impact.
*BROADER SPECULATIVE BUBBLES. In the years prior to the Crash of 1929, the bubbles were limited primarily to stock speculation and restricted to a minority of the population. This time, the speculation has engulfed not only stocks but also millions of homes, commercial properties, local governments, corporations, and entire nations.
Next time we will continue with Dr. Weiss and household debt, U.S. a debtor nation and derivatives.
Sunday, December 28, 2008
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You can bypass spam filters and reach new audiences with email broadcasts and marketing campaigns. You can do power delivery of your newsletters, articles, and success stories, then follow up automatically. Monitor your WebProsperity progress with click-through sales, and revenue tracking.
Add sizzle to your website with live chat, streaming audio/video and podcasts. Create, store and share your photo galleries with visitors and your downline. Manage and publish your documents and media across multiple online channels.
Enter your login name and email address into this page:
dewein.webprosperity.com
Then do nothing . . . until January 6th when you wake up and realize tha you have a downline of hundreds or even thousands of people below you. The fact is that this is possible, and it will cost you nothing to find out.
When an opportunity like this launches, those who get in at the beginning can make a fortune with very little effort. Sometimes being in the right place at the right time and "taking action" is really all it takes.
Go to dewein.webprosperity.com, enter your details and let's both imagine this your lucky day!
Saturday, December 27, 2008
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I know it sounds like a fairy tale, but itjust became reality, with the launch ofJohn Merrick and Soren Jordansen's new "TweetMy Blog".
=> http://www.tweetmyblog.com/?rid=6345
Just by using the powerful free plugin, youwill be promoting your affiliate link on auto-pilot. In other words, you can earn commissions just for posting to your blog.
But that's just one of the many benefitsof using TweetMyBlog, visit the page tolearn more - and grab your free copy today.
=> http://www.tweetmyblog.com/?rid=6345
And... Even though they are giving this pluginaway for free, you should take a close look atthe special offer they have in store for youwhen join. I instantly grabbed my own copy, and I know it will skyrocket my marketing power when using Twitter and Wordpress.
=> http://www.tweetmyblog.com/?rid=6345
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P.S. I don't know if John and Soren are goingto keep this free forever, I certainly feelthey could start charging big bucks for it.
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Thursday, December 25, 2008
Christmas
It's a wonderful Christmas day here in Central Florida. It's been overcast with the sun appearing every now and then. It is warm, probably in the high 70's. I wish everyone a very Merry Christmas . We are getting ready to head to a nice restaurant for our Christmas supper. Blessings and Peace to all.
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