tweetmeme_source = 'jutiagroup'; The policies of the politicians have been to inflate, inflate, and inflate some more. And they have been quite successful in doing that. Since the Federal Reserve was…Read
Ben Bernanke, Chairman of the US Federal Reserve, faces a Sisyphean task because US banks are experiencing debt deflation and, because lending is now at much lower levels, monetary deflation is encumbering the domestic US…Read
The idiocy coming from the EU reeks of desperation: “For Greece, the problem is completely over,” said Prodi, who was also Italian prime minister, in an interview in Shanghai today. “I don’t see any other case now in Europe.…Read
Detroit Publishing Co. The Accident part 2 November 12, 1906"Accident at Michigan Central R.R. depot, Detroit" Ilargi: This will have to be short, since I’m about to board another train for a day-long (12-hour) journey.…Read
"Fresh on the heels of a snow job where Bernanke warned economists to disregard effects that did not happen (and anyone doing any semblance of research should have known would not happen) we now see media trumpeting up census…Read
The co-founder and CEO of Saber Partners shares more of his outlook on the current political and economic climate. The importance of transparency from the FedFingerpointing a scapegoatWill there be a second stimulus?…Read
I’ve seldom seen so much rubbish written by people who ought to know better in a single day. Many other able people have heaped the scorn and incredulity on three articles, one a piece on Rahm Emanuel slotted to run in the…Read
I get paid in US dollars, but live on RMB. So as a matter of course, my morning routine includes a glance at the current exchange rate between the two currencies. That routine has been boringly predictable since China pegged…Read
I get paid in US dollars, but live on RMB. So as a matter of course, my morning routine includes a glance at the current exchange rate between the two currencies. That routine has been boringly predictable since China pegged…Read
Fresh on the heels of a snow job where Bernanke warned economists to disregard effects that did not happen (and anyone doing any semblance of research should have known would not happen) we now see media trumpeting up census…Read
Well, here we are again: on one side, a rapidly growing contingent of optimists; on the other, a shrinking cadre of pessimists. According to USA Today’s Adam Shell, writing in “As Bull Market Turns 1, Is it…Read
Well, here we are again: on one side, a rapidly growing contingent of optimists; on the other, a shrinking cadre of pessimists. According to USA Today's Adam Shell, writing in "As Bull Market Turns 1, Is it Time to Party, or…Read
Sales at Caterpillar Inc. are expected to rise 10%-25% this year on inventory restocking and a stronger global rebound than was initially expected, James W. Owens, the company?s chairman and chief executive, said on…Read
LAST month I spent some time musing on the ups and downs to a 4% inflation target—a policy which IMF chief economist Olivier Blanchard recently suggested should get some consideration, given the speed with which central banks…Read


