One thought, is it an 401K with employer or an individual IRA? If it is 401K you can cash that out and have 90 days to reinvest and this might give you float time.

even borrowing against an IRA is a bad move since the money you would payback is taxed. I would borrow before I would cash out though.

In my opinion it is. Don't buy toys from China this Christmas! I think we are going to be faced with eating a lot of crow before this is all said and done.

The Game of Monetary Chicken Has Escalated Gary North September 21, 2007 This article appeared in the London Telegraph on September 18. * * * * * * * * * * * The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington ...

If you are not giving with a joyful heart then you shouldn't give. What do you care what they think of you if there is bad blood. Save your money or give to a deserving charity.

I suppose the easiest way to explain it is that if there is less economic growth we experence a recession. If there is less money available then we have less economic growth.  If Dr. North is correct, and in my opion he almost always is, then by the FRB selling T-Bills then they are deflating rather than inflating which equals less dollars ...

This will take everyone offguard!!!! Dr. North thinks that while the FRB is purchasing repos they are also selling T-Bills. This means they are deflating! It appears that Bernanke is guarding against inflation. Don't get excited though....nothing he does can prevent a recession and to get us out of a recession he will eventually have to ...

Honestly, I think that the FRB will just eventually inflate. With cheaper dollars the governement can pay debts with ease, they just print more money which devalues the dollar but at least they can sevice debts, to possibly include social security. The dollars are worth less and  Americans suffer because they can buy less. We could also face ...

There are positives as well as negatives for this. The positive being, that our exports now become cheaper for other countries thus making us more productive, it also may encourage industry to mave back stateside. So it isn't all bad if you look at it from this standpoint. The negative is that the dollar is now the reserve currency of the ...

That is hard to say and a lot depends upon what the FRB does at the next meeting and if other countries adjust their interest rates also. Right now they are not doing so. I think that insiders will sell off holdings and after that the market will go down. Have you read about what went on in the markets prior to the Great Depression? I'm not ...