January 2009
January 31, 2009 –
Instead of lending money to all the impaired financial institutions, why doesn't the government use 700 billion to create a new bank that has no bad assets and then hire all the layed off bankers to run the place. [more]
January 31, 2009 –
An open letter to the Western banking establishment
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as the final and total catastrophe of the currency system involved.” [more]
January 29, 2009 –
Anyone interested in a good platform for paper trading should go to Ninjatrader.com and download their software. It connects to a data feed from Yahoo! Finance so you don't need a brokerage account to use the software. It has a lot of great features (You can set up automated trading systems and bring up all kinds of charts/indicators). The software also connects with several online brokerage accounts allowing you to use it to trade through those accounts. [more]
January 23, 2009 –
In economics people are thought to have one of three attitudes towards risk: [more]
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