QE Infinity: Unintended Consequences (via Market Shadows) QE Infinity: Unintended Consequences There is an intense debate going on in the first-class cabin of Economics Airlines about the direction in which our plane should be pointed. And while those of us back in the cheap seats don’t get to help decide, knowing where we will land …
On malinvestment from Seeking Alpha: “Malinvestment is one of the most useful concepts in Austrian economics. As Wikipedia puts it, malinvestment refers to “investments of firms being badly allocated due to what they assert to be an artificially low cost of credit and an unsustainable increase in money supply, often blamed on a central bank.” …
Is China The Biggest Malinvestment Case Of All Time? Read More »
Are You Seeing What I’m Seeing? (via Market Shadows) Courtesy of Jim Quinn of The Burning Platform Is it just me, or are the signs of consumer collapse as clear as a Lowes parking lot on a Saturday afternoon? Sometimes I wonder if I’m just seeing the world through my pessimistic lens, skewing my point of …
Guest Article: Are You Seeing What I’m Seeing in the Economy? Read More »
Incorporating the Rentier Sectors into a Financial Model (via Market Shadows) Incorporating the Rentier Sectors into a Financial Model Courtesy of Michael Hudson By Dirk Bezemer and Michael Hudson As published in the World Economic Association’s World Economic Review Vol #1. ABSTRACT Current macroeconomics ignores the roles that rent, debt and the financial sector play in…
Feeding the Beast (8/26) (via Market Shadows) Here’s this week’s MarketShadows August 26 2012: Feeding the Beast Excerpt: The rally on Friday was triggered by a letter released by Ben Bernanke to US Rep. Darrell Issa, which was also leaked to the WSJ: “Federal Reserve Chairman Ben Bernanke, in a letter responding to questions posed by …
Is the Fed the Only Thing Driving U.S. Financial Markets? Read More »
Financial Markets, Politics, and the New Reality (via Market Shadows) Financial Markets, Politics, and the New Reality Courtesy of John Mauldin at Thoughts from the Frontline If you’ve been following my newsletter, you’re familiar by now with my friend George Friedman and the geopolitical analysis company he founded, Stratfor. And if you’ve read any of …
Financial Markets, Politics, and the New Reality Read More »
Put a light on Europe’s shadow economy (via The Christian Science Monitor) Anyone looking for a way to help Europe reverse its shrinking economy – and thus save the global economy – might first note some odd behavior in the Greek city of Larissa. In a report last June, three American researchers found Larissa not …
19 Warnings About A Coming Global Financial Catastrophe (via http://dailydopenews.com) Reported By Michael Snyder The American Dream Global leaders have tried just about everything that they can think of, but the coming global financial catastrophe continues to march steadily toward us. We have seen “stimulus packages”, quantitative easing, bond buying, interest rate cuts, emergency… …
19 Warnings About A Coming Global Financial Catastrophe [Guest Article] Read More »
What Penguins Know About Business: The Value of Sharing in Markets From Paul J. Zak at Claremont Graduate University: “There’s nothing new about being shameless, or ruthless and cynical, when it comes to making a buck. Plenty of people in business seem to think that fakery and exploitation is the name of the game. Which …
Why Self-Interest In Markets Can Benefit Everyone Read More »
Has the U.S. Reached The Debt Saturation Point? The linked article below is a couple of years old, but contains an interesting chart about our return on debt. It shows that when the change in U.S. GDP is divided by the change in U. S. debt, we actually reached the point of debt saturation in …
