CHESSNOID

It is kind of funny to watch Peter Schiff debate the experts in 2006 when the housing and stock euphoria still existed.  Of course, back then Schiff was a minority in his views and since most people owned homes back then, people wanted to believe the “experts” because it benefited them.  His observations were dead [...]

There are many economists and analysts who think the economy will recover late this year or early next year.  That is definitely a possibility but I don’t agree with that assessment.
I think the economy’s recovery is tied into the housing market.  Once the housing market starts to recover then I think we will have the [...]

If you live in California like me this news of high unemployment is not a surprise. We are the level of literally seeing stores closing down everywhere you look. A sign of people not spending and clamping down on their budgets.
USA Today:
California’s unemployment rate has jumped to 9.3%, the highest in 15 years.
The [...]