Time Magazine, Are You Insane?
Time magazine has declared the “great banking crisis of 2008 is over.”
There are a number of critical reasons to be sceptical of Time’s logic in doing so, however.
First, let us consider the reasons Time gives for its bold declaration.
Number one among them is the reported $3 billion in [...]

The Obama Depression:
Pandering and Cronyism Destroy Prosperity
Last Thursday was a truly amazing day.
The Financial Accounting Standards Board (FASB) approved a partial set aside of mark-to-market accounting rules that force banks to value their assets at market prices.
Jettisoning these rules will allow banks to substitute their own whimsical projections for market prices in [...]

How U.S. Government Spending Can Make You Rich
I want you to ask yourself two questions:

How did we get into this economic crisis?
Is what Washington is doing going to get us out of this mess?

If you get the answers to these questions right, you will have ample opportunity to profit [...]

Dear Friend,
James Dale Davidson is attending a conference in London.
Instead of your weekly Abundance essay, James’s research team has assembled some important crisis alerts to keep you informed as the global meltdown continues.
These alerts outline three of the most important – and bankable - market trends to be aware of in 2009.
James will continue to [...]

History Catches Up
There comes an inflexion point in every life when you recognize that your potential lies more in the past than in the future. Perhaps that is what is generally meant by “maturity”? Until that time, if you have an ambitious and expansive personality, you tend to see life the way “Youth” did [...]

Depressions and Depression
Listening to Barack Obama’s televised speech to Congress, I couldn’t help but get the impression that the president must have scored 800 on his verbal SAT. But he must have got scored no more than 200 on the math section. His sentences parse. But his sums do not.
As I sat marveling at Obama’s [...]

Want to Get a Bank Loan? You Better Learn to Speak Canadian
Canada has shown itself to be a pretty good manager of the financial system in ways we haven’t always been in the U.S.
- President Obama, February 19
In the February issue of Crisis Strategy Alert I explored the dirty little secret of [...]

Coming to a Neighborhood Near You – Cheap Chic
Be warned.
The fact that President Obama’s latest bank bailout plan was greeted by the steepest market sell-off during his administration tells a tale.
As I analyze in the latest issue of Crisis Strategy Alert , it is a complicated story with a simple conclusion: You can’t pour [...]

ALL STARS STRIKE OUT
The Strange Link between Mortgage Fraud, Baseball’s Steroid Scandal and the Unemployment of Manny Ramirez
"I used to console myself that baseball was recession-proof, but … this is something different from what we’ve ever gone through."

Bud Selig, Commissioner of Baseball

Unemployment is surging in the United States.
Indeed, the deluge [...]

If You’re So Rich, Why Aren’t You Smart?
The New York Daily News recently reported that Yankee’s superstar third baseman, Alex Rodriguez, was poised to spend $80 million on a 5,200-sq-ft penthouse at 15 Central Park West in Manhattan.
Allegedly, an important motivation for Rodriguez’s decision to buy this Taj Mahal in the [...]