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Tag: bailout money

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What To Expect On The Inflation Front

Posted by andrabr9 on April 5th, 2009

One reads the papers and all are claiming Inflation is non existent. Well, maybe for the short run it might be. Looking back at the Great Depression of 1929 there are many similarities and inflation could rise it’s ugly head.

The Greatest Recession of Our Lives

Posted by andrabr9 on April 1st, 2009

There seems to be tug of war between those who ” Predict” this harsh Recession will be over this quarter or next year and those that react to the economic situation. Truthfully no one knows how long this Recession will last or when it will be over. The fact is those more money has been lost recently trying to call a bottom.

The FED and the TARP program has lent or guaranteed almost $12.8 trillion if you add it all up. Putting this into perspective this massive sum is virtually approaching the total GDP or everything produced in the US last year.

China New Super Currency

Posted by andrabr9 on March 25th, 2009

The question is are we just hearing political banter or should we believe the Chinese? Several weeks ago Premier Wen Jiabao called on March 13 for the U.S. “to guarantee the safety of China’s assets. The fact that even buying and holding US Treasuries the Chinese are losing money as their currency the Yuan has appreciated versus the US Dollar.

The innocence and knowledge of a child is sometimes much more clearer than our insights. My young daughter asked me what comes after a Trillion dollars. My son answered a Zillion. I had to interject and add that does not exist ( yet). Maybe U.S. Treasury Secretary Timothy Geithner will invent a new number the way he is going.

Tax Payers Dollars At Work

Posted by andrabr9 on February 26th, 2009

Should I ruin your day. Should I not tell you what the banks did with some of the US Taxpayers bailout money?

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