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Archive for " April 21st, 2010 "

Former Reagan official predicts high inf...

"I predict the emergence of worldwide inflation after 2010 as a result, which could lead to the replacement of the dollar as the world's reserve currency. That means further declines in the American standard of living," according to Peter Ferrara, White House Office of Policy Development under President Reagan and graduate of Harvard College and Harvard Law School. Do you have one of the best hedges against inflation: a cashflow business? Email

Could the U.S. become Argentina?

A century ago, if you had told typical citizens of Argentina (which at that time was enjoying the fourth-highest per capita income in the world) that it would decline to become just the 76th richest nation on a per capita basis in 2010, they probably would not have found it believable. They might have responded, "This could not happen; we are a nation rich in natural resources, with a great