Spanish Prisoners @ NYT The catalan secessionist movement has sound economic, cultural and historical roots. It should be respected. In all aspects but name, Catalonia is a colony of Spain. Chart Of The Day: The Rise Of Global Central Planning @ Zerohedge It starts like this..."there was a time when the world had (somewhat) free markets.". The … Continue reading TYR 4 October 2012 reads
Category: Economics
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”
“How so? Breaking the law has now become a sort of routine”
In an interview with Die Presse, the former chief economist of the European Central Bank (ECB) discusses the latest decisions taken by this institution and asserts that from 2010 on, the ECB has given in to pressure from the outside ("Sie hat dem Druck von außen nachgegeben"). Asked about whether this pressure originated in the USA, … Continue reading “How so? Breaking the law has now become a sort of routine”
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