charleshughsmith.blogspot.com / CHARLES HUGH SMITH / TUESDAY, MARCH 07, 2017
Geithner’s conclusion: current policy extremes, politics and astounding debt levels limit policymakers’ emergency options in the next crisis.
Many of us disagree with the bloviated, self-congratulatory notion that the Federal Reserve and the U.S. Treasury saved the U.S. economy, capitalism and everything else in […]
marctomarket.com / by Marc Chandler / February 13, 2017
My new book, Political Economy of Tomorrow has just been published, and it is available on Amazon. The book is not so much of a sequel to my first book, Making Sense of the Dollar. There is very little about the foreign exchange market in […]
caseyresearch.com / February 03, 2017
We haven’t been completely honest with you.
For the past few months, we’ve been saying Corporate America is in a profits “recession.” We even showed you proof.
Just look at the chart below. You can clearly see that corporate profits stopped growing in 2014.
So what’s the problem?
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, JANUARY 26, 2017
How about moving the power to create money from the apex of the pyramid down to its lowest level? Let’s spend a moment deconstructing the word “capitalism.” Note it contains the word Capital. So far so good. Obviously the key concept here is capital. […]
financialsense.com / GEORGE KARAHALIOS / 01/20/2017
Over the past few weeks, my life has turned upside down. Prior to the election, I thought of myself as a typical, repressed businessman, an outlaw guilty of capitalistic thoughts in a going-socialistic western world. At times I would break into night sweats, concerned about the potential problems coming […]
NBC's Fake News King Brian Williams Launches Crusade Against "Fake News" https://t.co/Df1Y5TMyOM
— zerohedge (@zerohedge) December 9, 2016
mishtalk.com / Mike “Mish” Shedlock / December 9, 2016
Earlier today, president Obama started a witch hunt based on Russia hacking claims.
In the second Russia-related story of the day, Yves Smith, author […]
zerohedge.com / by Tyler Durden / Dec 5, 2016
As the “fake news” narrative grows, and The House quietly passes a bill to “counter Russian propoganda” websites, one alleged ‘fake’ news wesbite – as defined by the farcical PropOrNot organization – has struck back. Naked Capitalism’s Yves Smith has threatened The Washington Post […]
gata.org / CHRIS POWELL / 8p ET Saturday, December 3, 2016
Dear Friend of GATA and Gold:
Mining entrepreneur and gold advocate Jim Sinclair today tells USA Watchdog’s Greg Hunter that there are no markets anymore and that, since markets are the prerequisite of capitalism, capitalism is dead too. Whatever succeeds the current financial system, […]
acting-man.com / Bill Bonner / November 30, 2016
BALTIMORE – Fidel Castro was regarded as a revolutionary and a “change agent.”
But he is better understood as a throwback, more of a counter-revolutionary than a real revolutionary. The real revolution in human affairs happened long before he was born… and is still going […]
wallstreetexaminer.com / by David Zeiler via Money Morning / November 28, 2016
With its easy-money policies increasingly ineffective, the Federal Reserve is now devising a new, even more dangerous strategy – one that threatens the very nature of capitalism itself.
You see, the U.S. Federal Reserve fired all its bullets dealing with the fallout […]
wallstreetexaminer.com / 720 Global / November 2, 2016
The stock market is an essential cornerstone of capitalism, not a game of roulette. Well-functioning and free capital markets properly regulate the cost of capital, which is a vital input allowing companies to analyze the cost and benefit of investing and the economy to run efficiently. When […]
wallstreetexaminer.com / by Shah Gilani / October 31, 2016
Socialist monetarism: (sōSHələst mänidərizəm) the takeover of the free world by an oligarchy of bankers
The unthinkable is happening; in fact, the final chapter is being written as you read this.
Governments around the (presumably) free world have ceded fiscal and economic control of their countries […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / TUESDAY, OCTOBER 04, 2016
Philanthro-crony-capitalist corruption in the U.S. has reached levels that put Lower Slobovia to shame. Granted, the fantasy of philanthrocapitalism is appealing: take a bunch of fabulously successful entrepreneurial billionaires, grant their foundations tax-free status, and then unleash them on the world as philanthropists who […]
gainspainscapital.com / Graham Summers / September 12, 2016
The biggest issue in financial political power structure today is the End of Centralization.
In the post 2008 era, the Globalists made a major push to hold the system together. The multi-billionaire class, particularly those who made fortunes from crony capitalism and bubble economics joined forces […]
mises.org / David Gordon / September 8, 2016
Critics of capitalism from Marx to Bernie Sanders claim that the free market exploits the working class for the benefit of the rich; and even some “classical liberals” of recent vintage argue that capitalism needs to be supplemented by a guaranteed basic income or the like.
zerohedge.com / by Thad Beversdorf via FirstRebuttal.com / Sep 6, 2016 1:08 PM
I define corporatism as an economic model (such as our existing) that prioritizes short term profit maximization above everything else even consuming all other aspects of society to attain that goal. Now I try not to simply opine on matters I discuss […]
mishtalk.com / Mike “Mish” Shedlock / September 6, 2016
Is it time to “civilize capitalism”?
That’s what Malcolm Turnbull, Australia’s prime minister says.
Turnbull was chairman and managing director of Goldman Sachs Australia (1997–2001) and a partner with Goldman Sachs and Co (1998–2001).
Please consider G20 Leaders Urged to ‘Civilize Capitalism’.
Leaders of […]
mises.ca / LUDWIG VON MISES via The Anti-Capitalistic Mentality (1954) / SEPTEMBER 2, 2016
On the market not hampered by the interference of external forces, the process which tends to convey control of the factors of production into the hands of the most efficient people never stops. As soon as a man or a firm […]
gata.org / By Jeff Cox via CNBC, New York / August 31, 2016
The Federal Reserve, with its bargain-basement interest rates and money printer always on standby, is manipulating financial markets and crushing capitalism, bond king Bill Gross said in his latest broadside against the U.S. central bank.
In a letter to clients, Gross addresses […]
zerohedge.com / by Tyler Durden / Aug 31, 2016 10:17 AM
One day after Stanley Fischer provided a bizarre justification for why “negative rates seem to work”, saying that “clearly there are different responses to negative rates. If you’re a saver, they’re very difficult to deal with and to accept, although typically they go along […]
mises.org / Brittany Hunter / Aug 24, 2016
In a recent Reason-Rupe Survey, 58 percent of Americans ages 18–24 said they viewed socialism favorably. However, when asked if they favored a free market economy or a government-managed economy, 64 percent of Millennials said they favored the free market. How is it possible for Millennials to […]
davidstockmanscontracorner.com / By The Economist / August 25, 2016
THE most dramatic moment of the global financial crisis of the late 2000s was the collapse of Lehman Brothers on September 15th 2008. The point at which the drama became inevitable, though—the crossroads on the way to Thebes—came two years earlier, in the summer of […]
mises.org / Tho Bishop / Aug 24, 2016
We are in the midst of the NFL preseason, which means its fantasy football draft-time for the tens of millions who play fantasy footballevery year. The growth of the game is truly extraordinary, not only has it become a major device for growing public interest in professional […]
jessescrossroadscafe.blogspot.com / BY JESSE / 13 AUGUST 2016
“There is a lack of critical assessment of the past. But you have to understand that the current ruling elite is actually the old ruling elite. So they are incapable of a self-critical approach to the past.”
But they maintain a firm grasp on […]