Category Archives: Uncategorized

Maria asked, “Do you think the price of oil is about to spike higher because Israel and the U.S. will soon attack Iran to stop it from making a nuclear bomb? If so, do you recommend that I buy oil company stocks, or an oil ETF?” No to the first question and, thus, no to […]

I’m hearing lots of rumors about Japan’s economy teetering on the brink of implosion — again. This comes up on a fairly regular schedule. The cycle began 20 years ago when the bubble popped, Japan nationalized most bank debt so that the bad assets never went away but instead became public liabilities, and its economic […]

If you’d like to hear my discussion from last night’s Rants, Raves & Rock ‘n Roll radio show, details in the post directly below, let me know and I’ll send you the clip. The length is 28:38 and the file is 14MB, so I had to remove the play link from this post to avoid […]

I’ll be joining Nancy and Lisa, plus special guest co-hosts Eddie Maldonado and Johnny Mastro, on Rants, Raves & Rock ‘n Roll radio tonight at 7:20 p.m. ET. I’ll discuss how the government/banking collusion has made it more profitable for banks to stall foreclosure for as long as possible and then force a short sale […]

While the residential real estate bubble collapse has used up all the oxygen in the economic room, economists and real estate analysts have been telling us for more than a year that the impending commercial real estate foreclosure wave will add to the damage. They’re still telling us that, and their voices are getting louder. […]