BIS Quarterly Report: “If I were you, I wouldn’t start from here.”
byThe latest BIS quarterly report can be found here: http://www.bis.org/publ/qtrpdf/r_qt1509.htm Relative to the IMF, World Bank and national central banks around the…
Economics
Zero Hedge: Mom And Pop “Will Probably Get Trampled”: Alliance Bernstein Warns On Bond ETF Armageddon
byRight up until China threw the financial world into a frenzy by devaluing the yuan right smack in the middle of a stock market…
The Scope For Public-Private Partnership Monies, Competing Currencies, Trade And Credit Market Benefits
byThe following was written for The Cobden Centre by Vishal Wilde. The Eurozone is in dire need of monetary reform in order to…
David Stockman: Why Hedge Fund Hot Shots Finally Got Hammered
bySource: http://davidstockmanscontracorner.com/why-hedge-fund-hot-shots-finally-got-hammered/ The destruction of honest financial markets by the Fed and other central banks has created a class of hedge fund hot shots…
Rolling boulders uphill
byAs symbols of futility go, that of Sisyphus takes some beating. In Greek mythology, Sisyphus was captured by the gods after having freed humanity…
Eugen von Bohm Bawerk: That 70s Show – Episode 3
bySource: http://bawerk.net/2015/08/22/that-70s-show-episode-3/ In the first episode we showed how the US became an unsustainable service sector based economy from the 1970s onward when service sector employment…
Eugen von Bohm Bawerk: That 70s Show – Episode 2
bySource: http://bawerk.net/2015/08/15/that-70s-show-episode-2/ In Episode 1 we showed how the US labour market changed dramatically from the 1970s on back of excess money printing which allowed Americans to…
Who the Heck Consumes His Capital?!
byI have been writing about consumption of capital, using the example of a farmer who sells off his farm to buy groceries. It’s a…
Snider: The FOMC Gets Slower Still
bySource: http://www.alhambrapartners.com/2015/08/18/the-fomc-gets-slower-still/ Looking back now, January was such a weird month. You had, on the one hand, the barely restrained giddiness of the mainstream…
Keeping the Bubble-Boom Going
byThe US Federal Reserve is playing with the idea of raising interest rates, possibly as early as September this year. After a six-year period…