quotable
"This is worse than the S&L crisis. This is the first time - this is the worst credit bubble we've ever had in American history. No - ever in American history have people been able to buy a house with no money down, never. That's never happened anytime in the world. So, we have the worst credit bubble. It's going to take a long time to work its way out. You don't cure a bubble in five or six months... It takes five or six years."
Jim Rogers, November 6, 2007 (Bloomberg interview with Kathleen Hays)
Commentary
Credit Bubble Bulletin
by Doug Noland | Mar 5
Stabilization of the Greek debt crisis fueled a big rally in U.S. and global equities.
Read moreThe Bear's Lair
by Martin Hutchinson | Mar 8
With the retirement of Fed Vice Chairman Donald Kohn, President Obama now has the right to appoint three Fed governors.
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by Gordon Ringoen | Mar 5
There are no silver bullets to solve our looming energy crisis, resource depletion, and environmental pollution.
Read moreGuest Commentary
by Dr. Donald Perry | Mar 3
The answer is not blowing in the wind
Enthusiasm for wind power blows over key issues confronting this alternative energy source.
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