TYR 29 December 2012 reads

This Is What America Really Thinks @ Zerohedge Zerohedge does not comment it and neither will we. The IMF on overinvestment @ China Financial Markets in his latest post Michael Pettis comments a recent report on China, by the IMF, in which it is argued that China's economy, whose present investment levels stand at 50% of GDP, … Continue reading TYR 29 December 2012 reads

Ron Paul bids farewell to the USA Congress & America loses a true hero

Perhaps the most outstanding USA political figure of the last  2 generations, certainly the most underappreciated & misunderstood, two days ago Ron Paul bid his farewell speech to the USA Congress after 23 years of service. Notice the reluctant applause at the end of the speech, a reliable sign that some truths were uttered. Best of … Continue reading Ron Paul bids farewell to the USA Congress & America loses a true hero

“… the ongoing assurances of central bank liquidity seem to ensure an eventual crisis beyond the liquidity capacity of central banks”

Doug Noland, one of the few financial analysts that foresaw the 2008 crisis before it happened, this week, in his weekly Credit Bubble Bulletin, "celebrates" the 25th anniversary of the October 1987 crash. The complete article here, some excerpts here: "Portfolio insurance played an important role in the precipitate sell orders that overwhelmed and helped … Continue reading “… the ongoing assurances of central bank liquidity seem to ensure an eventual crisis beyond the liquidity capacity of central banks”

TYR 15 October 2012 reads

How the neo-liberals perverted Adam Smith @ http://www.ianfraser.org Mr. Fraser argues that our present brand of capitalism has distorted the ideas of its intellectual founder Adam Smith (AS), whose ideas were cherry-picked  by the likes of Milton Friedman and the ‘Chicago School’ in the 1960s and 1970s and, with the help of political followers such as Ronald … Continue reading TYR 15 October 2012 reads

TYR reads Lacy Hunt: “No Increase in Standard of Living Since 1997”

In the following video posted @ Casey Research, Mr.Hunt convincingly argues that the increase in debt levels in the economy  from about 240% of GDP to 350% of GDP since 1997 is the real cause behind the stagnation of the standard of living in the USA during the same period. On a broader scale, the interventionist, … Continue reading TYR reads Lacy Hunt: “No Increase in Standard of Living Since 1997”

TYR reads “Cowardice is destroying America” by Washington’s Blog

Cowardice is destroying America published by Washington's Blog (WB) addresses the issue of how America`s population has lost the courage that was its birth "trademark". That by their inability to face uncomfortable truths, americans have allowed the degradation of their democracy. "In other words, ministers, priests, psychiatrists, psychologists, trauma experts, sociologists and other mental health experts say … Continue reading TYR reads “Cowardice is destroying America” by Washington’s Blog

TYR 9 September 2012 reads

Five Years Since The Great Financial Crisis: "No Growth, No Deleveraging" @ Zerohedge It illustrates the lack of debt deleveraging in developed economies from 2007 until now Diverging like it is 1929 @ Safehaven  Interesting comparison of the divergence of market action and fundamentals today and in 1929 The Repricing of Oil @ Peak Prosperity It shows … Continue reading TYR 9 September 2012 reads