The Bear's Lair
- May 5 by Martin Hutchinson The draining national prosperity
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Random Walk
- Apr 29 by Rob Peebles It’s my recession: I can scrimp if I want to
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Guest Commentary
- May 7 by Richard Benson Tax Rebates Mean Blood in the Shark-Infested Water
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Quotable
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"The current financial crisis was precipitated by a bubble in the US housing market. In some ways it resembles other crises that have occurred since the end of the second world war at intervals ranging from four to 10 years. However, there is a profound difference: the current crisis marks the end of an era of credit expansion based on the dollar as the international reserve currency. The periodic crises were part of a larger boom-bust process. The current crisis is the culmination of a super-boom that has lasted for more than 60 years." George Soros, Financial Times, January 23, 2008 |
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Our Favorite Charts
MBS spreads widen

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Updated 05/09/2008 07:47 AM
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This is the website of David W. Tice & Associate, LLC, investment adviser to the Prudent Bear mutual funds and other privately offered investment funds. |
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