Archive for the ‘Biblical Economics & Money’ Category
Friday, September 17th, 2010
One in seven Americans is living at poverty levels which equates 43.6 million people. This number does not account for the underground cash economy. Some of these people are not reporting cash payments and are evading the tax system. By doing this, they do not contribute their share of social ...
Posted in Biblical Economics & Money | Comments Off on The Hidden Depression
Sunday, September 12th, 2010
The following describes the downward spiral of the commercial real estate contraction: 1. Less consumer traffic forces marginal retailers to close once they have liquidated their merchandise at distressed prices. 2. Distressed prices redirect consumers away from the stronger retailers moving them toward marginal business levels. 3. ...
Posted in Biblical Economics & Money | Comments Off on Commercial Real Estate Deterioration
Sunday, September 12th, 2010
The next five years (2011-2016) have a high probability of a national if not a global crisis. The globe is headed towards an economic cliff and the challenge is that no one knows “when” we will arrive. Those in power simply do not know how to fix the economic problems ...
Posted in Biblical Economics & Money | Comments Off on Crisis Window
Friday, September 10th, 2010
The baby boomer generation has fueled the use of credit for the last 40 years and that is now changing. The prime means of increasing wealth was through the use of leverage: borrow as much as possible to buy the biggest house because it will increase in value. The problem ...
Posted in Biblical Economics & Money | Comments Off on The Collapse of Credit
Thursday, September 2nd, 2010
My near-term target for gold has been $1,600 for some time. Now, the mainstream press is hopping on board with widely read stories: http://www.bloomberg.com/news/2010-08-30/gold-rallying-to-1-500-for-analysts-as-soros-s-bubble-inflates.html Ben Bernanke has assured us that the Fed will print more money to deal with any potential deflation. That provides plenty of steam for ...
Posted in Biblical Economics & Money | Comments Off on Gold moving toward $1,600
Wednesday, August 25th, 2010
What we don’t know may come back and bite us. Cash is king… still! The U.S. consumer has once again painfully learned that lesson. 401-K’s are being tapped for emergency cash thus people are once again mortgaging their future to maintain their current paradigm, not unlike the ...
Posted in Biblical Economics & Money | Comments Off on Dangerous Waters
Tuesday, August 24th, 2010
When politicians use the “labeling” game to classify future obligations of the nation, bad things will happen… maybe not today or tomorrow, but sooner than later. According to Laurence J. Kotlikoff, professor of economics at Boston University, if you look behind the curtain of the U.S. Balance Sheet and analyze ...
Posted in Biblical Economics & Money | Comments Off on $202 Trillion in Debt
Monday, August 23rd, 2010
In the world of Economics these opposing forces are observed and analyzed on a moment by moment basis. Financial analysis programs on super computers are attempting to predict which of these two views will prevail in the markets around the world every minute of every day. It’s like watching a ...
Posted in Biblical Economics & Money | Comments Off on Confidence versus Uncertainty
Wednesday, August 11th, 2010
Professor Black makes a compelling case against asset valuation issues contained in the banks’ balance sheets:
Posted in Biblical Economics & Money | Comments Off on Equity = Assets minus Liabilities, normally
Wednesday, August 11th, 2010
Revelations 18:10 Standing afar off for the fear of her torment, saying, Alas, alas, that great city Babylon, that mighty city! for in one hour is thy judgment come. KJV Until recently, this Scripture seemed more allegorical than literal. Not any more! Let’s assume that Mystery Babylon consists of ...
Posted in Biblical Economics & Money | Comments Off on The Speed of Collapse (Part 4)