Business

Dear Mr. Roberts, I check out your website at least twice each week. It is always most informative. Thank you. Where I live down here in far-southern Illinois the unemployment rate is upwards of sixty to eighty percent. Most individuals and families rely on food stamps or some combination of government aid. No doubt if these were taken away you would have riots in the streets. Surroundings towns are mostly destitute, with very little local commerce to speak of other than the occasional corporate franchise store ( mini-WallMarts).

Late last month, in what amounted to a tacit admission that nothing is working when it comes to pulling Japan out of its decades’ long stint in the deflationary doldrums, the BoJ adopted negative rates.

Being "paid to wait" in high-yielding stocks last year was a death by 394 cuts. As Bloomberg reports, the number of dividend reductions far surpassed 2008, almost 100 more than at the outset of the Great Recession - a time when the implosion of Lehman caused equity markets to plummet in the later stages of the third quarter.

Just ignore it - it's transitory!!

As Bloomberg reports,

Submitted by Mac Slavo via SHTFPlan.com,

Back in the 1970’s as recession gripped the world for a decade, stocks stagnated and commodities crashed, investor Jim Rogers made a fortune. His understanding of markets, capital flows and timing is legendary.

Submitted by Simon Black via SovereignMan.com,

In 578 AD, a Korean immigrant named Shigemitsu Kongo made his way to Japan at the invitation of the royal family.

Buddhism was on the rise in Japan at the time; though it had only been introduced a few decades prior, the Empress consort had been actively encouraging the adoption of Buddhism across Japan.

But since the Japanese had no experience building Buddhist temples, they looked overseas for help.

That’s where Kongo came in.