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Month: January 2009

Quiet Over Here

Canoe on the Rio Dulce River.

Canoe on the Rio Dulce River, Guatemala. Click to view larger.

This blog has been kind of quiet recently because I’ve been working on the Maya Paradise web site. The whole site is getting modernized and improved. There’s lots of interesting information there.

If you are curious about it, you can find it here:

mayaparaiso.com

There is also an associated blog that’s connected to the site here:

http://maya-paradise.blogspot.com

Canoes on the Rio Dulce River, Guatemala.

Canoes on the Rio Dulce River, Guatemala. Click to view larger.

Cheney says no one saw financial crisis coming??

Really? I guess Mr. Cheney has not been reading my blog and thousands of others. How come we all knew and they didn’t? Stupidity? I doubt it. Cheney is a very smart guy. Intentional? What other explanation is there?

(Yahoo news story and interview no longer available.)

Cheney said that “nobody anywhere was smart enough to figure it out.” Is that so? I guess I should consider that compliment but I don’t. Anyone with a knowledge of history and economics could see it coming more than 10 years ago. You can’t borrow and borrow (in other words, print fiat money) without limit without it coming back and biting you. The same is true for countries as it is for individuals.

China Losing Taste for U.S. Debt

I like being right but sometimes I wish I wasn’t. Last March I wrote a couple of posts about what I foresaw for the U.S. economy. Now another piece of the puzzle that I discussed is coming to pass:

China Losing Its Taste for U.S. Debt
http://www.nytimes.com/2009/01/08/business/worldbusiness/08yuan.html?th&emc=th

Here’s the post I wrote back in March 2008

Slow Motion Train Wreck
http://shuttersparks.blogspot.com/2008/03/slow-motion-train-wreck.html

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