Silver as an investment

Category Archives: James Galbraith

Do Wars Help or HURT the Economy?

Does Defense Spending Stimulate the Economy and Create Jobs … Or Is It BAD for the Economy? Preface: Trump wants to drastically increase military spending.  At the same time, France, China, Japan and other countries are ramping up their military spending. An understanding of the effect on the economy is therefore timely. A number of […]

ZeroHedge: Economists DESTROY the Myth that War Is Good for the Economy

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Debunking the Stubborn Myth that War Is Good for the Economy About.com notes: One of the more enduring myths in Western society is that wars are somehow good for the economy. It is vital for policy-makers, economists and the public to […]

No, Bernanke … Defense Spending Does NOT Help the Economy!

  Image courtesy of Steve Hess Debunking a Widely-Held Myth Preface: Many Americans – including influential economists and talking heads – still wrongly assume that war is good for the economy. For example, former Federal Reserve boss Ben Bernanke just claimed that cutting defense spending would harm the economy. And extremely influential economists like Paul […]

Greece Isn’t Fixed… By A Long Way

Submitted by Clive Hale from View from the Bridge Don’t take my word for it. Here are four opinions that come to the same conclusion; the euronauts are living in cloud cuckoo land. ‘It seems to us that the plan rests on initial forecasts for the economy and public finances which are little short of […]

Frontrunning: August 3

Deadline Draws Near for Puerto Rico (WSJ) U.S. to defend Syrian rebels with airpower, including from Assad (Reuters) Alpha Natural Resources to Seek Chapter 11 (WSJ) Iran’s Rouhani Says Nuclear Deal ‘More Than What Was Imagined’ (BBG) Cables Show Hillary Clinton’s State Department Deeply Involved in Trans-Pacific Partnership (IBTimes) Win or Lose, U.S. Stocks Get […]

Today’s Financial Thermopylae Beckons – But Don’t Count On The Greeks

Submitted by David Stockman via Contra Corner blog, The global financial system desperately needs a big, bloody sovereign default—-a profoundly disruptive financial event capable of shattering the current rotten regime of bank bailouts and central bank financial repression. Needless to say, Greece is just the ticket: A default on its crushing debt and exit from the Euro […]

ZeroHedge: Nobel Prize Winning Economists, Federal Reserve Chair and Other Top Experts: War Is BAD for the Economy

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. (Preface: True conservatives are anti-war.  And – as Ron Paul observes – so are the teachings of Jesus. Liberals said they were going to "study war no more," and atheists pledged not to fight senseless wars over dogma. But this […]

ZeroHedge: War Makes Us Poor

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.   Image courtesy of Steve Hess Top Economists Say War Is Bad for the Economy Preface: Many Americans – including influential economists and talking heads – still wrongly assume that war is good for the economy. Many congressmen assume that […]

ZeroHedge: 5 Things To Ponder Over Thanksgiving

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Lance Roberts of STA Wealth Management, With the "inmates in charge of the asylum" during this holiday shortened trading week it seemed to be an apropriate opportunity to share a virtual cornucopia of topics to consider while enjoying the […]

ZeroHedge: Why Do Progressive Liberals Fall for “Humanitarian War”?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Anthony Freda: www.AnthonyFreda.com. “Humanitarian” War Contradicts 200 Years of Liberal Thought The Founding Fathers – the basis for American values – warned against standing armies and foreign entanglements, saying that overgrown military establishments destroy our liberty. Liberal economists – such […]