mises.org / By Chris Martenson / Thursday, November 28, 2013
The Fed is busy doing everything in its considerable power to get credit (that is, debt) growing again so that we can get back to what it considers to be “normal.”
But the problem is that the recent past was not normal. You may [...]
globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / November 12, 2013 5:58 PM
The National Federation of Independent Business (NFIB) reports Small Businesses Optimism Takes a Tumble largely due to a precipitous decline in hiring plans.
Fall arrived literally this month, as small business optimism dropped from 93.9 to 91.6, largely [...]
globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Friday, November 08, 2013 8:17 PM
In case you think all is well with China and the Yuan will soon replace the dollar as the world’s reserve currency, you may wish to reconsider.
Credit growth in China is expanding at a massive rate on nonviable projects, and [...]
zerohedge.com / By Tyler Durden on 11/07/2013 15:18
The September consumer credit print is out and once again, it shows just what the key drivers in the US economy are. Or rather is: it is the US government handing out unrepayable student and car loans, even as the general consumer is widely deleveraging. Looking at [...]
blog.milesfranklin.com / By David Schectman / November 7th, 2013
Edelweiss Journal presented an interesting article below that discussed the change in our language that parallels changes in the way we invest. Words like “inflation,” “growth,” “risk,” “wealth management” and “illiquid” exploded onto the scene.
Perhaps the most concerning distortion though is the obsession with “growth.” [...]
dailyreckoning.com.au / By Bill Bonner / November 4th, 2013
Halloween was last week. We saw hobgoblins and scarecrows… 6ft tall rodents… and at least one crow that weighed 200 lbs.
A few days ago, investors were sure it was QE (quantitative easing) from Here to Eternity. Now, they’re not so sure. The US Federal [...]