Juli 29, 2008

NYSE birth chart & the national financial panic 1819

We had a look at the total Solar Eclipse which preceded the crash of 1819.
We did the same as a photographer does: he uses different kinds of wide-angle, normal lens and tele.
The total Solar Eclipse is one kind of „wide-angle“.
Now we use a strong „tele“. We use the 90° display of the birth chart of [...]

Juli 29, 2008

Banks Sharply Reduce Business Loans

Banks increasingly hesitant to lend money. (What happened during the Great Depression?)
New York Times.

Juli 29, 2008

Peter Schiff aka „Dr. Doom“: compared with what I see coming now, they should have then called me „Dr Sunshine“

Peter Schiff aka „Dr. Doom“, Asia Times:
„Treasure Secretary Henry Paulson’s Bazooka will be locked and loaded with enough fire power to blow what’s left of the US economy into the dustbin of history.
…the reality is that the solution is far worse than the problem.“

Juli 29, 2008

Banken geht das Geld aus

Das schrieb ich am 28.7.2008
„All das, verbunden mit den Tatsachen, daß Banken untereinander kaum noch Geld verleihen und daß die internationale Bankenvereinigung IIF nachträglich die Regeln der Bilanzierung ändern wollen (Stichwort “Ramschpapiere”), lässt in mir sich den Schluß aufdrängen: die Banken in Frankreich (nur in Frankreich?) haben selbst kaum noch Geld, das sie verleihen könnten.“
Heute [...]

Juli 29, 2008

The mother of all bailouts & the fate of the US-Dollar

Dr. Ron Paul:

http://youtube.com/watch?v=KC9q2tK06nE

Juli 29, 2008

How to save your money

Kathy M. Kristof on the Los Angeles Times:

„Knowing your insurance limits on bank accounts is key“

Inform yourself about the money the FDIC (Federal Deposit Insurance Corporation) has left! (Or: what if it is burning somewhere and the fire brigade has no water left? What then?)

You may have several accounts in the same bank, but the [...]