| Are we going too far? 13 hours ago by progressive-economy@tasc Last week, on PE, guest blogger Michael Burke, in a post entitled Why is the Rest of the World out of Step with Ireland?, made the case for a reflationary approach to Ireland's current economic woes. This weekend, over on Irish Economy, John McHale asks Is Ireland that Different? - is our fiscal pol ... progressive-economy@tasc - progressive-economy.ie · Rank: 20,073 ·  26 references |
| Why inflation leads to concentration of profits in the finance sector 23 hours ago by guidoamm Democracy is the rule by the will of the majority. One of the characteristics of democracies is the decentralization of power so that the power of each entity can be checked and scrutinized by other entities thus no one entity can act unilaterally and independently. The monetary system however, fall ... Guido's temple of the absurd - guidoromero.wordpress.com · Rank: 114,831 · 1 reference |
| Derivatives players pocketing the chips? 23 hours ago by Sackerson "... total money and credit are contracting, [...] the world of derivatives and leverage is contracting despite our government’s best efforts to flood the system with money." Bearwatch - theylaughedatnoah.blogspot.com · Rank: 70,224 · 33 references |
| Has it really escaped you that… 1 day ago by guidoamm Without counting corporate debt, - in 1980 we needed $2 Trillion of debt to produce GDP worth $6 Trillion - in 2008 we needed $13 Trillion of debt to produce GDP worth $6 Trillion It is unclear to me why or how anyone would think this trajectory is sustainable. If a similar arrangement is not sustai ... Guido's temple of the absurd - guidoromero.wordpress.com · Rank: 114,831 · 1 reference |
| Deleverage: The Supply Side And The Demand Side Story 1 day ago Deleveraging is not only driven by credit crunch (supply side of credit, or banks) but also from an effort by companies to save, pay down debt, hoard cash to improve their resilience in uncertain times. The Huffington Post has an interesting round-up: Citigroup, Bank Of America Among Companies Hoard ... Tito's Blog - blog.titocosta.com · Rank: 190,810 |
| Confessions of a Gold Bug 2 days ago by Stagflationary Mark Gold's Last Hurrah? Gold is going to suffer a serious correction in dollar terms. Greater than the one that occurred last fall, as this positive sentiment must be wound out. Dare I call these new highs in gold "malinvestment" as I would real estate? I certainly will, though even I cringe as I type t ... Illusion of Prosperity - illusionofprosperity.blogspot.com · Rank: 84,545 · 14 references |
| The Ascent of Money (aka. Deflation) 2 days ago by KWM I was wandering through Borders (book store) tonight and stumbled upon a pile of "The Ascent of Money", Niall Ferguson's latest book, marked 50% off. Having months ago purchased and read the book, I couldn't help but feel ripped off, yet the irony of the title, juxtaposed with the discounted price, ... Ponzi World (Over 3 ... - ponziworld.blogspot.com |
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