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Economy - Economics USA

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Yahoo! News blog

“Bernanke is quite correct, it is theatrics,” Doug Casey tells The Daily Ticker. “The problem is the amount of debt itself. The problem is so big at this point, I think it’s very questionable whether this can be solved at all.”

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Some readers have said that they want good news from me and are tired of hearing about the country being broke and stealing money from the frugal and productive in a futile attempt to stop the fiscal bleeding. Okay, here are two items of good news:

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Are you a saver and thus someone who provides capital for investment, for job growth and for national prosperity? Then you're a fool. Like me. Shame on you. Shame on me. Read the following to see why.

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http://www.thedailybell.com, By Peter Schiff

The birth, and the apparent death, of the trillion dollar platinum coin idea may one day be recalled as a mere footnote in the current debt crisis drama.

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