- Anablephobia: Anablephobia – the fear of looking up. That’s what the stock market is suffering from at present – and with good reason. For a long time Turov on Timing has been warning about the dangers of the derivatives market and a major collapse in the housing market.
- Taxes: As the two major Democratic candidates fight it out, both promising higher taxes for the “rich” and lower taxes for the “middle class”, I am reminded of the following Tax Parable that made its rounds on the internet a few years ago. It’s worth thinking about: . . .
- Not Even Half Way Through THIS Problem – And many Others Remain: The following chart, prepared by Deutsche Bank in the middle of 2007, speaks for itself.
- Quote From George Soros: The credit crunch is “not a normal crisis but the end of an era”.