Richard Martin’s Wakeup Call
Episodes
Tuesday Feb 10, 2015
Greece: Descent Into Hades - 02.09.15
Tuesday Feb 10, 2015
Tuesday Feb 10, 2015
There is no way out for Greece. They are damned if they do and damned if they don’t. The Germans will have to play a very careful hand to minimize the considerable damage that is sure to accrue to them. A word on the EU/ECB/IMF negotiating strategy. Not being rocket scientists (to put it mildly), it is doubtful whether anything useful can come of their deliberations… but we can only hope. The U.S. is hurtling towards WWIII with such gusto and enthusiasm that one has to wonder if they are not actively encouraging it. McCain, of course, is the chief culprit but he is fully supported everywhere else in government. Stock market comment: the absurd valuations of stocks. More on the powerful deflationary forces we are experiencing. Rand Paul’s call for a new, all-embracing Fed Audit. The deleterious effect of a rising dollar on U.S. corporate pr [...]
Saturday Feb 07, 2015
Wake Up Call – Austerity? Or Crocodile Tears? – 02.06.15
Saturday Feb 07, 2015
Saturday Feb 07, 2015
It really looks like Obama is, himself, sabotaging the country. He wants to raise taxes but the man keep interest rates low. The taxes will of course be universal. Actually, both political parties are responsible. The trouble is that the Present gets whatever he wants when he wants. So with that in mind, we have no reason to criticize the rest of them. The United States is running out of money. More and more people are understanding these things. They have already ruined their county economically. A walk down memory lane pertaining to the futures pits which are to be closed. Yet more on the debt. This is very important information.
Tuesday Feb 03, 2015
Work - 02.02.15
Tuesday Feb 03, 2015
Tuesday Feb 03, 2015
How meaningful is the work you do? We examine the importance of work today. The labor conundrum comes from what is easily the most critical work issue in history. There are no answers. Low-paid jobs are usually extraneous to the needs of society. Yet some high-paid ones are, too. We examine examples of these. We look at how pay scales are devised. The madness of sub-prime auto loans. Delinquencies are already soaring in a $1 trillion loan market. The inevitable fallout is going to be catastrophic. The story of a couple of regular people from Texas who moved to Ecuador. It’s really not that hard to emigrate! Harrowing statistics of child poverty in the United States. Investment traps to avoid while trying to conflate different trends. Some words of general advice.