Archive for the ‘Biblical Economics & Money’ Category
Friday, March 7th, 2008
I posted a writing on December 23rd, 2007 on "Fraud and Deception..." http://www.servias.org/?p=28. We are starting to see the sharks circling their prey in the derivative insurance arena of collateralized debt obligations (CDO's) contracts : Johnson & Perkinson Announces Commencement of Class Action Litigation Naming Ambac Financial ...
Posted in Biblical Economics & Money | Comments Off on The Sharks are moving in
Saturday, March 1st, 2008
A recent article in Harper's Magazine suggested that the next bubble would be "alternative energy" also known as "going green". I would suggest that there has been a mother of all bubbles forming. This bubble has a different set of rules. This is the commodity bubble. Commodities differ from other ...
Posted in Biblical Economics & Money | Comments Off on Next? The Ultimate Bubble: Commodities
Monday, February 18th, 2008
The International Energy Agency is projecting global oil demand at 116 million barrels per day by 2030. Currently the global demand is approximately 88 million barrels per day. China and India will continue to increase their demand for oil. India is now manufacturing at $2,500 car. As its exports grow, ...
Posted in Biblical Economics & Money | Comments Off on The Coming Energy Crisis from a Mathematical Perspective
Saturday, February 9th, 2008
The basic economic cycle is divided into four parts: boom, recession, depression, and recovery. There is no absolute, firm definition in today's environment of exactly what quantifies each aspect of the business cycle. Economists continually increase the complexity of their trade by adding new formulas and statistics in an attempt ...
Posted in Biblical Economics & Money | Comments Off on The Clouds of Depression: Cluster of Errors
Sunday, February 3rd, 2008
I was recently asked what to do with funds contributed to a retirement plan. This is difficult to say since I do not have the balance sheet/income statement of the individual. However I can provide a plan that I believe will help a family weather the uncertain future economic reality. ...
Posted in Biblical Economics & Money | Comments Off on Personal Economic Defense Plan
Saturday, February 2nd, 2008
The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any visitor. This site is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or ...
Posted in Biblical Economics & Money | Comments Off on DISCLAIMER
Saturday, January 26th, 2008
The television show mentioned above takes place in New York City. NYC is a vibrant, never sleeping city known as the financial center of the universe. The waters around the city are shark-infested. No, not those from the Animal Kingdom Phylum Class Order Family Genus Species, Animalia Chordata Chondrichthyes, this ...
Posted in Biblical Economics & Money | Comments Off on Law and Order: Criminal Intent (Fraud, Part II)
Wednesday, January 23rd, 2008
When I was a Chief Financial Officer (CFO) our growth was dictated by a formula known as the "sustainable growth rate" formula. Basically our growth was restricted by the amount of profit that was added to the retained earnings at the end of the year. Retained earnings is a category ...
Posted in Biblical Economics & Money | Comments Off on The Accelerator Factor
Monday, January 21st, 2008
The underlying economic issues I've been writing about are gaining publicity. The following article from The Economist explains the latest problems: All fall down? Jan 18th 2008 | NEW YORK From Economist.com Huge new problems in the capital markets? Shutterstock AMERICA’S big bond ...
Posted in Biblical Economics & Money | Comments Off on Brace yourself…
Wednesday, January 9th, 2008
I sincerely believe... that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale. -- Thomas Jefferson This is a lengthy and somewhat technical ...
Posted in Biblical Economics & Money | Comments Off on The Depression Clouds are gathering