Posts Tagged ‘IMF’

Poor Reports Send Shock Waves Through Economy

by Mike McCune –   The Dow Jones Industrial Average soared more than 200 points Friday led by the financial sector. But missing was a solid reason for the move. If anything the DJIA should have been flat at best because a host of key reports were pending within hours.   Any one of those [...]

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The Rant

Governments’ False Hopeby Mike McCune – The time-tested fundamentals taught in economics classes everywhere are missing to support the recent rises across the globe. Anyone who would have invested with the fundamentals so twisted would have been flunked by every professor I ever had. The cost per dividend is too high. The capital gains, unless [...]

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(This is the 5th installment of a series intended to explain why the global economic recession defies expert projections and continues on the path to collapse.)

Mike McCune     In George Orwell’s 1984, government had made it a crime not to think as it wanted you to. It had broken down the family by having individual members report on other members. So everyone was essentially alone in his or her private battle with authority and particularly the Thought Police.   [...]

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Marginally, Managed unemployment stats…

“They said that I would change my mind, that I’d settle down and do just fine…I’ve got a lot of crazy friends and they forgive me of my sins…Can’t take it with you when you’re gone, but I want enough to get there on…So I keep on rollin’ with the flow” From “Rollin’ with the [...]

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