L’s Word


Death of ‘Soul of Capitalism’: Bogle, Faber, Moore

20 reasons America has lost its soul and collapse is inevitable

By Paul B. Farrell, MarketWatch

ARROYO GRANDE, Calif. (MarketWatch) — Jack Bogle published “The Battle for the Soul of Capitalism” four years ago. The battle’s over. The sequel should be titled: “Capitalism Died a Lost Soul.” Worse, we’ve lost “America’s Soul.” And, worldwide, the consequences will be catastrophic. (more…)



Marc Faber On Inflation and Intel Bloomberg 10 13 09
October 16, 2009, 2:49 pm
Filed under: inflation, Stock Market, Wall Street


Jim Rogers on King World News October 2, 2009

A second Great Depression is still possible

October 11, 2009 4:37pm

By Thomas Palley

Over the past year the global economy has experienced a massive contraction, the deepest since the Great Depression of the 1930s. But this spring, economists started talking of “green shoots” of recovery and that optimistic assessment quickly spread to Wall Street. More recently, on the anniversary of the Lehman Brothers crash, Ben Bernanke, Federal Reserve chairman, officially blessed this consensus by declaring the recession is “very likely over”. (more…)




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