Massive Deleveraging Necessary Across the Economy
Comstock Partners provides a report on deleveraging the Economy and the implications of doing so (slow economic growth). It also deals with interest rates and…
Economics
Monty Pelerin’s Economics
The Notion of Green Shoots is Laughable!
There cannot be a recovery without the consumer. The consumer cannot increase his spending from recent years without increasing his credit load. But he is…
US Government Has Become Fannie and Freddie
Jeff Nielson in “U.S. government the NEW sub-prime lender” details the government’s role in the housing crisis and how FHA will be the next government…
Is This Inflation or Deflation?
Inflation is usually misdefined as a period of generally rising prices. Inflation, properly defined, is an expansion of the money supply. The problem is what…
China Continues to Position Against Currency Chaos
China continues to position itself to become independent of the US dollar. Just more evidence of the building strains in the currency markets. . http://www.businessinsider.com/new-dollar-challenge-china-selling-yuan-bonds-for-the-first-time-2009-9
Stock Market Overvalued?
Corporate Insider Selling continues at a record pace. What do they know about their own companies that you don’t? Now news is that Warren Buffet…