Everything else is losing money. This will go down in history as the worst year for investors of all time.

This year has been all bad.  Investors are looking at a loss over 40%.  The typical investor in the stock market has probably lost half his money.

You can't increase consumption while discouraging savings and expect the economy to survive.

The situation we are facing now is why paper money was invented.

Borrowers have counted on home equity money to fill in the gaps in their household budgets, using borrowing in place of saving.

The feds want to give people money.  They’ve already cut interest rates to zero – as a practical matter, they can’t go lower.

Leverage works both coming and going.

ZIRP – the “zero interest rate policy” – was tested in Japan for many years. There is no evidence that it did any good.

Houses lost more than $2 trillion in value in 2008.  What's the Fed's next move?

Fish gotta swim. Birds gotta fly. And bubbles gotta pop. The bubble in private debt has popped already. And now, the bubble in public debt has to pop too.