China Becomes Second Biggest World Economy
Depending on how fast its exchange rate rises, China is on course to overtake the United States and vault into the No.1 spot sometime around 2025, according to projections by the World Bank, Goldman...
View ArticleHow the Deflationist argument worsens US fiscal status
I have argued for a number of years, that deflation (in houses and stocks) is being purposefully mis-categorized; what we're really experiencing is "dis-inflation"-- or more specifically, hugely...
View ArticleChina enters the Gold Market
A short while back, China announced the opening of the Dagong Global Credit Rating Agency-- Asia's answer to the Wests' unfair bias of Moody's, Fitch, and S&P rating agencies. Shortly after...
View ArticleHow to fix the housing market: Let it Crash
As the economy again sputters and potential buyers flee — July housing sales sank 26 percent from July 2009 — there is a growing sense of exhaustion with government intervention. Some economists and...
View ArticleGold rifles past $1300!
Precious metals are an un-exciting investment class-- but they've certainly proven to be a great way to protect your wealth, and a good investment portfolio would have done well to set aside at least a...
View ArticleFall 2010- Tipping Point?
This is simply a brilliant article (with multiple resources) that EVERYONE who is concerned about the state of our economy and the welfare of family and loved ones, NEEDS to read. "Our current economy...
View ArticleMortgage Title Fraud: A National Catastrophe
This is the sort of systemic horror-story which we would expect to hear coming out of some tiny, Third World country, with a ‘two-bit’ legal system – not from the Leader of the Free World. The...
View ArticleWhy the Fed should forget about the US housing market and work on the REAL...
"The property market is a distraction from the work of rebuilding an economy toward one based on manufacturing and exports. And the vast wealth created by the real-estate boom has created social...
View ArticleA Currency war cometh: Backlash builds against the Fed Money Pumping!
The US Federal Reserve’s decision to pump an extra $600bn into the economy has galvanized emerging market central banks into preparing defensive measures and sparked criticism from leading global...
View ArticleOpen Letter to Ben Bernanke
We believe the Federal Reserve’s large-scale asset purchase plan (so-called “quantitative easing”) should be reconsidered and discontinued. We do not believe such a plan is necessary or advisable under...
View ArticleBernanke and Geithner, the 'Abbot and Costello' of US Finance
"Most recently, Geithner stated, "It is very important for people to understand that the United States of America and no country around the world can devalue their way to prosperity, to (be)...
View ArticlePssst! Interest rates are rising in spite of QE II
"The whole point of quantitative easing, in a sense, is to keep interest rates low (by keeping bond prices propped up). Low rates mean lower borrowing costs for businesses and consumers... lower rates...
View ArticleUS Fiscal Health Worse than Europe: China Advisor
Many currency analysts are purplexed by the mini dollar rally which followed the QE II announcement in early November. At about the same time (another one of) the Fed's bond buying scheme was...
View ArticleOil and Gas prices continue to rise: What gives?
Extreme oil prices pummel more than just our wallets; they also strike our cultural psyche. Those people who found a way to ignore the signs of economic collapse until now will discover that they...
View ArticleFed passes China in Treasury holdings
The Federal Reserve has surpassed China as the leading holder of US Treasury securities even though it has yet to reach the halfway mark in its latest round of quantitative easing, according to...
View ArticleThe Global Debt Prison
A Good Read!"The Federal Reserve, with the help of politicians on both sides of the aisle, created a series of illusory incentives (through interest rate cuts) which allowed banks to begin lending...
View ArticleThe curious case of Ron Paul
By Andrew Foy, MDHe is kind of like a rock star, a nerdy professor, and your crazy uncle rolled into one. Ron Paul, a medical doctor and longtime Republican congressman from Texas, is a fundraising...
View ArticleHow likely is QE-Three?
By Gonzalo LiraIf foreign sources of funding will not cover the Federal government’s deficit after June 2011, and Washington will definitely not cut spending in any sort of realistic sense, then there...
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