Marc Faber the Swiss fund manager and Gloom Boom & Doom editor said the market will eventually perceive the easing moves, announced by Fed Chairman Ben Bernanke last Friday, as being inflationary and that the next five years could be a possibe disaster for Treasury bonds investors.
Archive for the 'Economy and the Christian' Category
Federal Reserve Chairman Ben S. Bernanke delivered a much-anticipated speech on Friday, August 27, 2010. There was no reason to think this talk would be more or less important than his other talks except for the degree of hysteria whipped up by the media in advance.
Bernanke was addressing an audience of fellow central bankers and their camp followers at an annual gathering in Jackson Hole, Wyoming. There have… Keep reading
With massive deficits and Congress proposing another “stimulus” world central bankers are getting nervous. They are losing confidence in the dollars future and are pushing for another currency.
What does this mean to
clipped from… Keep reading
Are groceries going up in price or is the dollar losing more of its purchasing power? I believe the dollar is in serious trouble in River City. It looks like those pesky old bankers are going to allow the dollar to lose more and more of its value.
In FORT LAUDERDALE, FLORIDA November 19th-22nd, 2009.
This is our annual gathering of fired-up believers that are making a difference with their lives. We will have over 20 apostolic and prophetic workshops including:
1. Discerning Your Spiritual Enemies
2. Developing Spiritual Authority
In April, receipts were down 34% from last year. Individual income tax receipts fell 44% and corporate income taxes down 65%.
No smoke and mirrors will help hide this. Tax revenue in April was the first shortfall in 26 years. Can the government manage a budget during contracting economic conditions? Not without a cut in spending. Who