Money Talk

I like when there is hope. How about you? I like when there is energy. How about you? If you want to learn where we can see one and how we can develop it, read this from the following link. I respect Chris Farrell who narrated it this morning in a program called Marketplace on American Public Media. http://marketplace.publicradio.org/display/web/2011/09/23/mm-its-a-great-time-to-buy-a-house/

We are living in unusual times. A once in a century phase. A rarity. Call it whatever you think best fits the situation. The truth of the matter is its real and its here to stay. What I am referring to is the economic woes of the present times. I am more than convinced that the summary of the present times is leading to most certainly the worst decade of economic opportunity and wealth building. In turn deterioration of living standards. Not just for the middle class but every class from the rich to the poor, in all countries of the world. One could endlessly debate the causes, the strategies, the lessons from history, etc., but no policy maker or political leader or pundit is sure as to which one or combination of measures will work to help us dig out from the hole. Most would agree that if one thing needs to be present for the economy to look up, it is confidence. Consumer confidence! This is at its lowest ebb. Experts are arguing about the approach to raise the confidence. But we...

I was just shocked to read this powerful prediction aired in one of the popular financial website, Daily Ticker. Setting: St. Regis Hotel on Fifth Avenue, New York In Attendance: Financial luminaries and hedge fund managers, including Peter Schiff of EuroPacific Capital, John Tamny of RealClearMarkets, Dmitry Balyasny of Balyasny Asset Management and Scott Schweighauser of Aurora Investment Management Host: The Ayn Rand Institute Occasion: annual "Atlas Shrugged Revolution" dinner When: Thursday night, September 15, 2011 Stunning prediction: ARI president Yaron Brook tells ..... why Rand's devotees believe the global economy is "heading for collapse.....We can buy time but we can't change the outcome". The real problem: .....  is with the philosophical belief our society has that governments can solve problems and more rules and regulations are the answer to our economic ailments. Why: In a nutshell, Brook believes...