CHESSNOID

I was reading a Fortune article that was trying to answer the question “Did FDR’s New Deal prolong the Great Depression, as some critics of Obama’s ‘new New Deal’ argue” and the author attempts to give a balanced argument that it was both good and bad.  After reading her article :  The truth about [...]

There are certain financial experts that I agree with in regards to how to help the economy.  Of course, none of these people think the new plans will work but explain why.
These people had the foresight to see the bubble while we were still in it and why it was about to burst.  At that [...]

If you haven’t noticed the current economy has become dramatically worse.  A year ago, most of the experts said this was not a recession.  I said it was and knew it at that time. So a month ago, the experts decided to make it official and say we have been in a recession since December [...]

I read a couple of articles from Japanese publications and this is what a few of them coined this era.  These are people who have the lost decade and live the lives of the working poor. The US seems to be following in the same mistakes Japan has already made.
I am against any more bailouts [...]