Sep 2009 26
¿What Should I Outsource and What Should I Do In-house?
When you’re starting your online business, or virtual real estate, you want to outsource everything you can. It’s usually the cheapest way to go. There are no salaries...
Sep 2009 24
Are Banks Getting Desperate?
I’ve been surfing around some different real estate pages following the ads in idealista.com. Actually Idealista, Spain’s largest property finding portal now has a section just for bank...
Sep 2009 22
Outstanding Revolving Credit
Whenever someone signs a credit card receipt they expand the currency supply. The currency didn’t exist until that moment and the bank makes a book entry. The unpaid...
Sep 2009 21
How To ‘Print Money’ on the Internet
Tonight, just before I spent 10 minutes writing a newsletter to mailing list, I turned around to my wife Sally and said, “He sweetie, I’m gonna print some...
Sep 2009 21
How the Government Controls the Economy with Debt
During the current crisis the US government (and other governments) is pumping trillions into the economy to avoid deflation. The government is more afraid of deflation than inflation....
Sep 2009 17
2 Trillion Wealthier?
The title of this CNN article is “Americans are $2 trillion wealthier”. The article states: “After nearly two years of declines, the net worth of Americans rose by $2...
Sep 2009 13
Fred & Sally Investing Update
Sally and I recently picked up some silver bullion. We now have a small, well, very small position in silver. Every month we save 10% of our personal...
Sep 2009 12
Mortgage promotions
We went by the bank (in Madrid) this morning and on the way out I picked up a pamphlet promoting housing mortgages. The pamplet states: 1.875% first 6 months,...
Sep 2009 11
Spain = Japan 2.0
The research firm Variant Perception recently released a report comparing the Spanish housing bust to that of Japan. This article sums up the main point of the report: The...
Sep 2009 10
Is it Silver’s Time? Part 2
Is silver currently greatly underpriced? Many people believe both gold and silver prices are being manipulated to keep them artificially low. It is suspected that certain entities have been...