TYR 20 December 2012 reads

Why Reported Inflation Seems Different Than Reality @ StreetTalkLive In this article Lance Roberts explains clearly how and why reported inflation understates real inflation, by a wide margin, and how this is one of the main factors contributing to the ongoing reduction in the standard of living in America. Amazing Chi Energy “Iron Shirt” Demonstrations @ … Continue reading TYR 20 December 2012 reads →

TYR 4 December 2012 reads

Still Not Spreading the Wealth Around @ Azizonomics This article compares the evolution of the percentages of GDP that both wages and corporate profits have had in the USA from the 1940s until 2012. Data shows that corporate profits have never been higher, around 11% of GDP, and wages have never been lower, around 43.5% of GDP. … Continue reading TYR 4 December 2012 reads →

TYR 19 November 2012 reads

Global Shadow Banking System Rises To $67 Trillion, Just Shy Of 100% Of Global GDP @ Zerohedge In case you assumed that 4 years after the onset of the present global financial crisis risks are at least gradually decreasing, please look again. The Financial Stability Board (FSB) in its latest report on the Shadow Banking System … Continue reading TYR 19 November 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 Broken Window Fallacy

It is very usual in this economic crisis to hear about the beneficial effects on the economy of all sorts of "stimulus" measures, money printing, public works expenditures, subsidies, even the destruction of goods or war as a way to "improve" the economy. All of these measures so loved by Keynesians of all stripes are … Continue reading The Broken Window Fallacy →

TYR 26 October 2012 reads

The SAME Unaccountable Government Agency Which Spies on ALL Americans Also Decides Who Gets ASSASSINATED by Drones @ Washington's Blog The world that is coming...or perhaps is already here. David Einhorn Explains How Ben Bernanke Is Destroying America @ Zerohedge explaining how the Fed's policies are not only not helping the economy, they are now actively destroying this … Continue reading TYR 26 October 2012 reads →

TYR 22 October 2012 reads

Lessons In Fiat Reality: "Why I Learned To Trade Less And Love The Farm" @ Zerohedge Hedge fund manager Stephen Diggle argues for farmland as the best risk-adjusted invesment for the next decade. Central bank generated inflation, a slowdown in agricultural productivity, a still growing global population and a global trend towards meat consumption in … Continue reading TYR 22 October 2012 reads →

“… 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 8 October 2012 reads

How to be a China bull @ China Financial Markets Michael Pettis dissects and challenges the notion that China's high growth rate will continue in the next decade. High debt and misallocation of resources stand in the way. Decline, Decay, Denial, Delusion & Despair @ The Burning Platform "I despair for my country that has chosen to … Continue reading TYR 8 October 2012 reads →