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This page contains a single entry from the blog posted on December 1, 2009 3:50 AM. The previous post in this blog was Burn with the fire of ten million stars. The next post in this blog is Guilty of second DUII, still coaching high school hoops. Many more can be found on the main index page or by looking through the archives.

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Tuesday, December 1, 2009

The next threat to your 401(k)

OK, when they built an indoor ski resort in the middle of the Arabian desert, maybe we should have sensed a speculative bubble in the making. But the financial mess in Dubai may be just the beginning of heavy government debt coming back to bite borrowers and lenders alike, in many different parts of the world.

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A week after the Race To Dubai, welcome to the Race From Dubai.

Au topped $1200/oz yesterday. Diversify the mattresses in which tuck your gold coins.




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