We advise you to sign up for RGE Monitor, run by Nouriel Roubini.
We aren’t economists, here at StocksAndMutualFunds.com.
We are investors, and we’re web developers; but we’re not economists.
For real economists, you usually have to pay.
Usually.
One of the best economists in the world is Nouriel Roubini.
He is a professor of economics at New York University’s Stern School of Business, and he is highly sought after for his advice by think tanks and politicians.
He started talking about the U.S. national debt in the nineties. He started talking about the housing bubble in 2004. He started talking about the credit crunch in 2005.
He’s on top of things in a way that most of us, who work too many hours per week to adequately inform ourselves, can be.
His online service, RGE Monitor (short for Roubini Global Economic Monitor), is available at rgemonitor.com, and it contains a number of useful, if controversial, points of view about the current state of our economy.
Usually he offers his premium service for hundreds of dollars per year.
During this economic crisis, premium services at rgemonitor.com are free.
We are in no way affiliated with Nouriel Roubini or rgemonitor.com, and we only see this as a way to educate our readership in a way that we are not capable.
The legislation currently running through the U.S. Congress will need additional legislation to make it work for the long term. The Paulson Plan is a short-term solution, which will be ineffective come January 20, 2009, when we will have a new president and a new Congress.
It is of unequivocal importance that our citizens take the time to educate themselves about the oncoming economic crisis that this bill is prolonging (not avoiding, but prolonging).
The first step in educating yourself is getting acquainted with Nouriel Roubini’s ideas, particularly his HOME plan, which combines relief for lenders (banks, investors), as well as homeowners.
As web publishers, there are a lot of things we want our readership to do:
— Make good financial decisions about their futures and retirement
— Sign up for brokers we recommend
— Retire comfortably and early
— Protect their nest eggs so that they have something to pass on to the next generation
As citizens of the United States, however, we want our readership to educate themselves about the dangers of the credit markets that are looming beyond bad mortgages.
The crises we’re now experiencing are only symptoms of larger problems described by Mr. Roubini.
We do not make recommendations on stocks, or mutual funds. We just report what’s going on.
This is our first recommendation since our founding in early 2006:
Signup for rgemonitor.com now, while it’s free.
It is an unprecedented opportunity to educate yourself on the potential crises ahead, and an outline for how to protect yourself and your assets during these difficult times.