Tuesday, December 22, 2009

LewRockwell Roundup: December 22nd

1. Faber and Rogers Are Bullish on Ag
Because the Fed-created disaster is looming, and people will be hungry.
According to Rogers, governments have not addressed the underlying problems which triggered the crisis, but instead have "flooded the world with money." He argues that trying to solve the problem of too much consumption and too much debt with more consumption "defies belief," and will result in epic failure.
2. The Recession Is Over
The depression has just begun. Article by Edward Harrison.
So where are we, then? We are in a fake recovery that could last as long as three or four years or could peter out very quickly in a double dip recession.
3. Worse Than War Criminals
Fred Reed on Santa and the elves.
Tell you what, people. I’m the crack of economic doom. I’m not going to buy anything. I’m going to spend Christmas – I still call it that, no offense to Mithra – at home, with Vi and Natalia, three useless dogs and four cats, a good blaze in the fireplace, and not one lone forlorn iPod.

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