Plato’s Cave: Are the wheels coming off the economy as Obama pushes for another stimulus?

The philosopher Plato once offered an allegory about a cave where prisoners are chained down and forced to look upon the front wall of a cave unable to turn their heads.  To the back of the prisoners lies a puppeteer casting shadows upon the wall which the prisoners perceive as reality mainly because they can’t … Continue reading

Reading the Tea Leaves: A Hard Rain and Trouble Seen Ahead (Possible Economic Collapse)

  Richard Russell is a well respected publisher of an investment newsletter known as the Dow Theory Letters which cover domestic and foreign securities and commodities markets.  He’s one of these guys who everyone in the investment industry listens to and he let loose with some commentary today that has made a number of people … Continue reading