The people who survived the Great Depression were the ones who had money to buy when everybody else was selling.” — My grandfather—–Very interesting post probably written by many grandfathers!Nouriel Roubini (chairman of RGE Monitor and professor of economics at New York University’s Stern School of Business. He’s also a former adviser to the U.S. [...]

Very Interesting article: We definitely live in interesting times, huh? I believe future historians will allocate Monday, September 29, 2008 as the start of the second Great Depression. That is not to say we may yet see exciting corrections and even occasionally a stronger US dollar. Still, the ultimate trend is down, down, down. Start [...]