by Mac Slavo | Jan 15, 2009 | Headline News
With retailers posting abysmal numbers, thousands being laid off from the retail sector, and mall operators and strip malls being close to defaulting on loan obligations, I postulated in Retail Bankruptcies Soar – Another Bubble Bursts that the commercial real...
by Mac Slavo | Jan 11, 2009 | Headline News
I’m sure many of us saw this coming last year, some saw it even before that. Struggling retailers across the country have already closed, are preparing to close their doors or are at a significant risk of defaulting on loans. Some of the more recent retailers...
by Mac Slavo | Jan 11, 2009 | Headline News
While I am no fan of Dennis Kucinich’s big-government style politics, his recent address on the floor of the House of Representatives surprised me. Congressman Kucinich starts with a brief discussion of our current economic problems, including our skyrocketing...
by Mac Slavo | Jan 10, 2009 | Headline News, Peter Schiff
Peter Schiff on CNN January 8, 2009. What will President-Elect Obama’s stimulus plan do for job creation and the economy.
by Mac Slavo | Jan 9, 2009 | Headline News, Precious Metals
Gary Dugan, the chief investment officer for the US bank, said there has been a remarkable change in sentiment. “People are genuinely worried about what the world is going to look like in 2009. It is amazing how many clients want physical gold, not...
by Mac Slavo | Jan 9, 2009 | Headline News
The Labor department is reporting that 2008 was the worst year for job losses since 1945, with 2.6 million people out of work. That is a 12 for 12 consecutive loss for the last 12 months. Generally when the new unemployment numbers come out, I take a look at...
