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“We’re bankrupt,” said Howard Davidowitz

Posted By Prieur du Plessis On November 28, 2010 @ 10:46 am In Economy,US | No Comments


“Here are the numbers … we’re broke,” Howard Davidowitz declared in a recent interview with Yahoo Finance – Tech Ticker [1], noting the U.S. government goes $5 billion deeper into debt every day and is facing $1 trillion-plus annual deficits for the next decade. “In other words, we’re bankrupt,” said the inimitable commentator.

Source: Yahoo Finance – Tech Ticker [1], November 25, 2010.

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More on this topic (What's this?) [3]
Yahoo’s New CEO Can’t Save The Sinking Ship [5]
Adams Golf-Part One [6]
Read more on Yahoo! [7], Chun Yuan Steel [8], Chevalier Intl HLDG [9] at Wikinvest [10]

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URLs in this post:

[1] Yahoo Finance – Tech Ticker: http://finance.yahoo.com/tech-ticker/howard-davidowitz-on-the-economy-%22here-are-the-numbers-...-we%27re-broke%21%22-535653.html?tickers=%5EDJI,%5EGSPC,SPY,TBT,TLT,UUP,GLD

[2] Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.: http://www.feedburner.com/fb/a/emailverifySubmit?feedId=921608&loc=en_US

[3] (What's this?): http://www.wikinvest.com/blogger/wikinvest_wire

[4] Yahoo's New CEO: The One Thing Scott Thompson Needs to Do: http://moneymorning.com/2012/01/27/yahoos-new-ceo-one-thing-scott-thompson-needs-to-do

[5] Yahoo’s New CEO Can’t Save The Sinking Ship: http://investmentunderground.com/2012/01/07/yahoos-new-ceo-cant-save-the-sinking-ship

[6] Adams Golf-Part One: http://briskycapital.blogspot.com/2011/11/adams-golf-part-one.html

[7] Yahoo!: http://www.wikinvest.com/stock/Yahoo!_(YHOO)

[8] Chun Yuan Steel: http://www.wikinvest.com/stock/Chun_Yuan_Steel_(TPE:2010)

[9] Chevalier Intl HLDG: http://www.wikinvest.com/stock/Chevalier_Intl_HLDG_(HKG:25)

[10] Wikinvest: http://www.wikinvest.com

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