Wednesday, November 19th, 2008

Posts Tagged ‘ Consumer Debt ’

More Profit Taking

May 28th, 2008 | By Chuck Butler | Category: Politics & Economics

Yesterday, I left you with the thought that the London traders had been buying dollars since they arrived back from their three-day Holiday weekend. The U.S. traders did the same… And I believe profit taking was the order of the day.



At the Center of a Snowball of Debt

Apr 30th, 2008 | By Richard Daughty | Category: Politics & Economics

“Total debt everywhere, like Old Man River, just keeps rolling along, like a snowball rolling downhill, getting bigger and bigger, which is such a strange mix of metaphors that I realize that I am completely confused and frightened.”