European banks are now loaning money to Greek banks, who in turn use that money to pay the interest they owe back to the European banks that loaned them the money in the first place. That’s it. Shortest post ever… Read More ›
The Fed
2011 Economic Report: $5 gas, no jobs, no growth, more recession, falling home prices…and now, brace yourself for runaway inflation.
Sorry for the long post but I can’t explain it any shorter and I don’t want to break it into pieces…that said, this is important. It is the canary in the coal mine. On The Peter Schiff Show last week,… Read More ›
Angrywoodchuck's Blog 