Cbs Moneywatchcom

Are We in Another Bubble?

Eric Schurenberg | Posted 11.11.2009 | Business


Eric Schurenberg

While Nouriel Roubini believes we're finally pulling out of the current financial crisis, he says the next Big One will strike in six to 12 months.

Economic Recovery? History Says No Way. Not Yet.

Eric Schurenberg | Posted 10.24.2009 | Business


Eric Schurenberg

Both the boom and its panicky finale fit neatly into a long, human tradition of greed, self-deception and financial folly. We're human. We can't help it. Sigh.

Now Time Magazine Blasts the 401(k)

Eric Schurenberg | Posted 10.13.2009 | Media


Eric Schurenberg

This week's Time Magazine cover story looks at the nation's de facto retirement program, the ubiquitous 401(k), and pronounces it inadequate. Welcome to the club.

Why China Is Dangerous for Your Money

Eric Schurenberg | Posted 08.21.2009 | Business


Eric Schurenberg

You don't quadruple loan volume during a recession by tightening lending standards. Loose lending leads to inflation or defaults or both. And if any country's banking system has too much of it, the end isn't pretty.