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John Hussman

Creating an American Latvia

The 14th Banker | Posted 05.25.2011 | Business
Read More: Banks, Ben Bernanke, John-Hussman, American Monetary Institute, Dr.Michael Hudson, Economic Recovery, Lending Practices, Lending, Investment Banks, Economic Crisis, FInancial Markets, S&P 500, Business News
The 14th Banker

While inefficient or ineffective government is a problem, it pales relative to the effects of the power structures dividing up the wealth in a way the average citizen cannot grasp.

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New Banks Needed

The 14th Banker | Posted 05.25.2011 | Business
Read More: Banks, John-Hussman, Creative-Destruction, Business News
The 14th Banker

The piddling cost of bank resolutions is nothing compared to the destruction of value in a squeezed economy. We should fund up the FDIC and let the big banks trickle towards failure.

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