All The Daily Reckoning
U.S. stocks vs. gold prices: Which is the better investment?US stocks are a better place to put your money than gold, according to Warren Buffett. But gold prices are only going up, and gold is a far less risky investment than US stocks.
How youth unemployment is keeping Greece from defaultThe consequences of Europe's economic downturn are being acutely felt by young adults in terms of high unemployment and crippling debt.
Greek crisis 101: How to make money off your debtsGreece's debt issues are unavoidable, even with the intervention of foreign governments.
Could you ride out a Great Depression?When the Great Depression hit, many Americans were able to live off the land and wait it out. In today's sour economy, that's less of an option.
How to ruin your economy, like ArgentinaThe financial moves of the Argentinian government over the past decade have set the pace for the rest of the world.
Why US job creation heats up in the winterThe Labor Department routinely adjust jobs upward in winter, to make up for bad weather. So when there isn’t any bad weather in January, the job numbers go up automatically.
Debt outpacing growth and the case of JapanJapan couldn't trick its way out of an economic meltdown, and neither can the US.
Is education really a worthy investment?Contemporary education is a dead end. Huge amounts of money — public, private, charitable, debt, savings, earnings — are invested. The output is small, dubious and perhaps even negative.
Should you invest in a no-growth economy?We’ve just had one of our best months in stock market history. Many investors are convinced that it is the beginning of something big. But is the economy really recovering enough for investing to make sense?
Gold prices up in uncertain timesGold prices are heading up again, but why is everything but gold prices going down?
Creating more debt won't solve the economic crisisWorld banks are trying to solve the financial crisis the same way they caused it — by creating more debt.
Economic tales from the Southern HemisphereSouth Africa and Australia are booming, but the gap between rich and poor is vast.
Is lower consumer demand actually a problem?‘Demand fear’ is the worry that there aren’t enough people who want things and have the money to pay for them. But why not be satisfied with the demand as it is?
Don't be fooled by good economic newsUnemployment is going down. Consumer debt is going up. Even the housing market is showing signs of improvement. But the US economy is far from recovery mode.
The US appetite for debt keeps growingWhile the private sector is de-leveraging, the public sector is borrowing and spending more than ever.
Newt Gingrich's 'Romney tax' not a bad ideaNewt Gingrich has suggested a flat tax rate of 15 percent, which he now proposes to call the “Romney Tax.” But Newt Gingrich's proposal won't happen because a complex tax code provides cover in which to hide special favors and privileges for the rich.
Economy: Why the 'good' news isn'tGlobal financial news has been good ever since the Fed decided to print more money. But consumers still aren't spending, and the new employment figures are hardly signs of real recovery
Has capitalism failed us?How is it possible that the most dynamic, best capitalized, most high-tech economy in world history could not add a single dollar to the real wealth of the average working man over a 40 year period?
Biggest financial trap of 2012: US Treasury debtUS debt is becoming less valuable as Americans grow poorer and poorer
When will the debt bubble burst?With the Fed printing more and more money, when will the federal debt problem become too big to handle?
