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Category Archives: Out of The Past ~ The Archival Edition
The 8 Million Dollar Solution!
Don’t ever listen to your employees – just spend their retirement into oblivion! ~ Ed. A toothpaste factory had a problem: it sometimes shipped empty boxes without the tube inside. This was due to the way the production line was … Continue reading
Mauldin: The Cancer of Debt and Deficits
We are coming to the point in the United States when even the US government will no longer be able to borrow at very low long-term rates. That point is a few years off, and we have time to change … Continue reading
A Run on the United States Government
A run is a mass withdrawal of cash funds from a borrower. We are in the midst of a continuing worldwide credit crisis, punctuated by “runs” of varying prominence and publicity. These runs are rational, not panics and not due … Continue reading
1332 ~ The Life of Carlo Ponzi
Before young Carlo Ponzi pioneered in financial chicanery, he had already lead an interesting – and criminal, to anyone who should have bothered to check – life. September 11, 2003 ~ As the legend goes, the scheme that would make … Continue reading
Will Millenials Ever Be Able To Retire?
My oldest granddaughter (early 30’s) recently asked me that question. She and her husband have two children, a new home and are still paying off their college loans. I can still remember when we lived from paycheck to paycheck, questioning … Continue reading
WEIMAR: The Story of the Devastating Currency Collapse That Still Haunts Europe Today
Weimar Germany after World War One went through one of the worst hyperinflations in history, unleashing untold horrors on the German people and their economy. Memories of Weimar still haunt the eurozone today. The European Central Bank, widely considered to … Continue reading
