Recession Generation Opts to Rent Not Buy Houses to Cars By Caroline Fairchild, from Bloomberg The day Michael Anselmo signed a lease on his first apartment in New York City, he lost his job at Buck Consultants LLC. He spent about 10 months struggling to pay rent with unemployment benefits. Two years later he’s still hesitant [...]
Investors are at a loss as to which vehicle to invest in. The equity markets are crashing everywhere. The bond markets are paying zilch. The precious metals are in the stratosphere. What does one do with that small or large pile of money placed aside for retirement? BUY AGRICULTURAL LAND! The population continues to expand [...]
Fed Will Buy $600 Billion in Debt, Hoping to Spur Growth By DAVID E. SANGER and SEWELL CHAN, published November 3, 2010 WASHINGTON – The Federal Reserve, getting ahead of the battles that will dominate national politics over the next two years, moved Wednesday to jolt the economy into recovery with a bold but risky [...]
