Trade deficit

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Iceland vs. USA Economic Analysis

Iceland is in the midst of a crisis and raised interest rates today from 12% to 18%. The Iceland currency, the Krona, which has already lost half its value since January, and has been closed to trading, opened trading today and according to CNBC lost half its current value “boom, just like that.”
But if [...]

28Oct2008 | Doug Digger Eberhardt | View Comments | Continued
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We’re Winning The War On Terror!

Things are going real well in the war on terror, just take a look at this list;
Stock market is falling apart…
Dollar has fallen 40% since the war began…
World food crisis because of rising food prices…
More people IN THE U.S. getting food from local food banks…who are low on supplies…
Real inflation rate in double digits (you [...]

1Jul2008 | Doug Digger Eberhardt | View Comments | Continued
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Which Would You Prefer, Higher Taxes or Higher Inflation?

Which Would You Prefer, Higher Taxes or Higher Inflation?
Guess what folks? You’re getting both…and it’s not going to get better anytime soon!
Journalist Melissa Lee was on the “Today” show on 2/27/08 telling “everyone” that they should be 75% in stocks and 25% in bonds because “that is the only way to beat inflation.” [...]

28Feb2008 | Doug Digger Eberhardt | View Comments | Continued