Archive for December, 2011
Tuesday, December 13th, 2011
Confidence in a currency determines its future. If people believe in the currency, they will store the generated value of their life’s work in terms of that currency. They will place the money received for their labor into a bank for future consumption. They expect the “value” to be protected ...
Posted in Biblical Economics & Money | Comments Off on The Future of Euro
Sunday, December 11th, 2011
Real Wealth is land, mineral resources, productive plants, durable goods, and human production creating the productive capacity of a nation. Titles and stock certificates represent direct ownership of real wealth and is equivalent to real wealth. Money (paper) wealth is debt which includes are forms of contracts which includes ...
Posted in Biblical Economics & Money | Comments Off on Real Wealth versus Derivative Wealth
Saturday, December 10th, 2011
The world system is in dire straits from an economic point of view. Right now, the Euro is the focus. Financial institutions have embedded time bombs of derivatives in their balance sheets. MF Global was a fine example of how quickly fortunes can reverse. Once the dominoes fall in Europe, ...
Posted in Uncategorized | Comments Off on Prepare for a different lifestyle
Friday, December 9th, 2011
Maturing Bonds need to be refinanced and the bond auctions are coming soon for European countries shown below. If no buyers show up, the yields will skyrocket or the central banks will create more money to buy the bonds with. This will further mortgage our future into chaos. Can the ...
Posted in Biblical Economics & Money | Comments Off on Time Bombs
Tuesday, December 6th, 2011
With regards to statistical reporting, I have never found a delay to result in better than expected news. With Christmas season in full swing, it would appear that the powers that be will try to protect the season of increased consumer consumption and prevent an emotional response to the delayed ...
Posted in Biblical Economics & Money | Comments Off on Delays in Government Reporting of U.S. Financial Condition
Sunday, December 4th, 2011
For the past four years I have been writing on the impending challenges ahead for mankind. Energy depletion, chaos in the financial markets, and population-based resource shortages. The following video encapsulates those views in a one hour and eleven minute video. Set aside this time and view the presentation. When ...
Posted in Biblical Economics & Money | Comments Off on Unfixable: a critical 1:11
Thursday, December 1st, 2011
The coordinated action of six major central banks to stimulate the global financial system this week warns us of how fragile the system is: China is in the midst of a huge investment bubble that has propped up raw materials (base commodities) markets around the world. If it bursts, ...
Posted in Biblical Economics & Money | Comments Off on Is Economic Marshal Law Coming in 2012?