Given that governments are reluctant to take their lumps now, what are the odds that they will do the right thing — outright default and debt restructuring — three years hence when the debt bubble is that much larger, the economy is in worse shape, and the pain of default and austerity is much higher than today's? The words "slim" and "none" come to mind. The world is firmly ensconced on the path to an inflationary depression. Words: 1119
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Dividend Growth and Sustainability Crucial in Any High-Yield Stock Selection (2K Views)
I like to hold stocks with different yield/dividend growth characteristics where yields are somewhere between 3% and 5% and dividend growth is in the upper single digits or in the double digits. Words: 671
Read More »"Forces of Fortune: The Rise of the New Muslim Middle Class" – A Book by Vali Nasr (+2K Views)
A sunny vision of that region's future that should interest anyone concerned with global business or politics. He argues that entrepreneurial, religiously conservative contingents in such countries as Turkey, Pakistan, and Iran can propel the Middle East into a democratic and prosperous 21st century. Words: 676
Read More »U.S. and Canada Are Global Warming Scapegoats (+2K Views)
Global warming is not a crisis created by man wantonly burning fossil fuels to the detriment of nature. Rather, global warming is a methodically fabricated issue cleverly designed and exploited by proponents of global governance under the tutelage of the United Nations. Words: 1839
Read More »"Wall Street Revalued: Imperfect Markets, Inept Central Bankers" – A Book by Andrew Smithers (+2K Views)
The book's crucial assumption is that “the market” does have a central value and that the world of stock markets is a “mean reverting” world. As a consequence, the market can be over-valued or under-valued but will, over time, return to its central value. Words: 1317
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