Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “economy”

17 May 2013

Why You Can’t Find a Job

Are you a college graduate fed up with the uncertainty and stress of the job hunt? Have you been sitting in Starbucks for days, sipping lattes and hopelessly sending out job application after job application? You’re certainly not alone. There are 11.7 million unemployed people struggling to find a job in America. Prof. Carrie Kerekes presents three reasons finding a job in today’s market is so difficult: a mismatch of skills, government regulations and uncertainty in the market.

 

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09 May 2013

Economic Bubble Will Burst

Pundit Dick Morris says the euphoric stock market bubble is destined to burst owing to the underlying drag in the economy, including stagnant property values and sluggish job creation. He warns to beware of an iceberg ahead.

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22 Apr 2013

Messy US Collapse Predicted

The Dollar Vigilante’s Jeff Berwick is back chatting about a myriad of economic and stock market-related issues with Cambridge House Live’s anchor Bridgitte Anderson. He predicts a messy collapse of the US economy a few years from  now, but says Japan could experience a massive upheaval even sooner. He recommends avoiding US investments, while otherwise diversifying, especially in precious metals.

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20 Apr 2013

Wisdom of My Butcher Father

Wayne Allyn Root’s father, David, was a blue-collar butcher. But Root says his father “was wise beyond his economic status in life. His wisdom of 40 years ago is still timely and points to the reasons for our economic crisis and decline today.”

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19 Apr 2013

European Union Doomed to Fail

“The European Union as we know it will not exist in 10 years, believe me,” says Barbara Kolm, president of the Austrian Economics Center in Vienna, Austria. While countries like Sweden have instituted successful reforms, according the Kolm, the high taxation, powerful unions and bloated bureaucracies in most European countries will lead to the collapse of the EU’s economy. Kolm’s advice to policy makers in the US? “Don’t become Europe.”

Kolm stopped by Reason’s LA studio to talk about the economic situation in Europe, the fate of the Euro and why America should not look to the Old World for financial advice.

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16 Apr 2013

Why the Debt is a Huge Drain

“Politicians are like criminals in Batman comics. They’re a superstitious, cowardly lot. And the minute that they know they’re going to lose elections because they’re spending too much money, they will find their inner cheapskate and start [spending less],” said Reason’s Nick Gillespie during his speech at the Reason Weekend event in Las Vegas.

In “5 Unacknowledged, Unexpected, and Unavoidable Facts about Government Spending and the Economy,” Gillespie says politicians such as President Obama and John Boehner are in denial. Influential economists like Paul Krugman and Lawrence Summers correctly diagnose debt as a problem even as they prescribe more debt as the cure.

Posted in Economizing and tagged , , , | Leave a Comment
16 Apr 2013

Obama’s War on Retirees

The Obama Administration’s policies have effectively stripped retirees of their life savings and nest-eggs. Clamping down on interest rates benefits the debt-ridden government, but not the citizenry, whose investments are now producing meager or negligible earnings. Pundit Dick Morris explains.

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14 Apr 2013

What’s a Bitcoin?

Bitcoin is attracting the attention as a wildly volatile, all-digital currency. How does it work? How are criminals taking advantage of it? How risky an investment is it? The Wall Street Journal‘s Jason Bellini has “The Short Answer,” explaining the dynamics underlying the bitcoin market.

Posted in Economizing and tagged , , , | Leave a Comment
13 Apr 2013

The Fiscal Doomsday Machine

David Stockman, former Reagan budget director, explains why he believes the machinery of government is massively failing, in an interview with the Wall Street Journal‘s Jerry Seib.

Posted in Economizing and tagged , , , , , | Leave a Comment
10 Apr 2013

Europe’s New Refugees

Waves of immigration have always been a source of political tension in Europe. Now, Europe is facing up to an unusual new migration worry: floods of migrants fleeing from the continent’s faltering economies.

Posted in On the Front Lines and tagged , , , , | Leave a Comment

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