zerohedge.com / by Bill Bonner via Bonner & Partners, / 07/24/2015 18:00
Zombies and cronies stifle the process of growth and wealth creation.
To add wealth, you have to add knowledge. That is, you have to learn to do things better.
The trouble with zombies is that they don’t want to learn. Learning […]
acting-man.com / By Bill Bonner / July 24, 2015
Somewhere in British Columbia – “Do Not Hump” says the sign on the side of the boxcar. We had no idea why the Canadian Pacific Railway is putting its nose into our private lives. But the authorities are always trying to tell us […]
zerohedge.com / by Tyler Durden on 07/18/2015 10:45
It’s not always easy being a rising superpower, and the delicate task of returning the world to a bipolarity unseen since the height of the Cold War while managing to maintain some semblance of diplomacy with a dying hegemon that doesn’t realize its glory days are behind […]
charleshughsmith.blogspot.com / by CHARLES HUGH SMITH / JULY 15, 2015
With authentic growth scarce, there’s no other way to reap huge profits but cannibalism.
When people say “capitalism has failed” or “capitalism has succeeded,” we have to ask: what type of capitalism do you mean? Authentic capitalism, in which capital is placed at risk to […]
paulcraigroberts.org / Paul Craig Roberts / July 4, 2015
If you have not read John Perkins’ book, Confessions Of An Economic Hit Man, you should. The book is easy to read and explains clearly from the inside how US corporations deceive foreign governments into debts that they cannot service or repay and then use the […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / MONDAY, JUNE 22, 2015
Rome didn’t fall so much as erode away. That’s the template for collapse.
While collapse may be sudden, the decay that generated the collapse had been rotting away the foundation for years or decades. In distilling the vast literature on collapse into nine dynamics, […]
davidstockmanscontracorner.com / by David Stockman / June 12, 2015
As documented in Parts 1-3, the Fed has generated a $50 trillion financial bubble since Alan Greenspan took the helm in August 1987. After 27 years, honest price discovery has been destroyed, thereby reducing the nerve centers of capitalism—-the money and capital markets—-to little more than […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, JUNE 04, 2015
Memo to the Fed: you are the enemy of the middle class, capitalism and the nation.
The Federal Reserve is appalled that we’re not spending enough to further inflate the value of its corporate and banking cronies. In the Fed’s eyes, your reason for […]
davidstockmanscontracorner.com / by Kana Nishizawa at Bloomberg • June 3, 2015
When Sean Taylor looks at China’s soaring stock prices, he sees a market more disconnected from economic fundamentals than at any other time in a two-decade career.
His advice to investors? Keep buying.
The London-based head of emerging markets at Deutsche Asset & Wealth […]
bullionbullscanada.com / by Jeff Nielson / Wednesday, 27 May 2015 14:44
Ideologies are extremely slippery concepts. Indeed, they have become (intentionally) categories of quasi-religious dogma which sabotage thought more than they communicate thinking. It is for this reason that the dogma of all these ideological zealots rarely finds its way into any of these […]
acting-man.com / Keith Weiner / May 28, 2015
“The top 25 hedge fund managers made more than all the kindergarten teachers in the country,” declared President Obama in a discussion of poverty at Georgetown University. Calling them “society’s lottery winners,” he proposed to hike their taxes.
Predictably, battle lines have been […]
zerohedge.com / by Veronique De Rugy / 05/27/2015 22:00 -0400
When has crony capitalism really gotten out of control? How about when a major U.S. corporation (a huge defense contractor, no less) is publicly threatening government officials to leave the country if the federal government doesn’t continue to boost their profits through government handouts:
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / SUNDAY, MAY 24, 2015
Ridding the world of Monsanto via a state buy-out would be a boon to humanity.
Capitalism fails in two situations: monopoly and state-capital cronyism. Monopoly extinguishes competition and that effectively extinguishes capitalism.
When the elites of the state and private capital collude, i.e. crony […]
gata.org / by cpowell on 2015-05-18
By Ralph Benko Forbes Monday, May 18, 2015
A recent article in The Week by progressive columnist Jeff Spross, “How Modern Capitalism Killed Self-Reliance,” observed that “the gold standard is a niche enthusiasm rejected by most economists.” Why that is so is curious. The hyperlink to his observation goes […]
zerohedge.com / by Tyler Durden / 05/07/2015 09:01 -0400
When Deutsche Bank’s head of global fundamental credit strategy, Jim Reid, writes a blurb that could have come from any single Zero Hedge article posted here over the past 6 years, it makes us wonder if we, like that Onion, have missed our IPO window.
jonrappoport.wordpress.com / by Jon Rappoport / May 6, 2015
Imagine this fantasy. In Indiana, all citizens are under the gun. They must work in factories where the wage is 20 cents an hour. There are no unions. When unions start to form, the leaders are arrested or killed. Employers and the state government provide unsanitary […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / MONDAY, MAY 04, 2015
Collaboration, innovation and risk are all intrinsic to adaptation. Without adaptation, every system eventually perishes once conditions change.
One feature of capitalism that is rarely discussed is the premium placed on cooperation and collaboration. The Darwinian aspect of competition is widely accepted (and rued) […]
jessescrossroadscafe.blogspot.com / 15 APRIL 2015
Gold and silver managed to rally back today.
But they are still revolving around their round numbers, and moving in a trading range.
Silver is oscillating between 15 and 18, and gold between 1180 and 1220.
There was not much delivery action report at the Bucket Shop, and there […]
davidstockmanscontracorner.com / by David Stockman • April 7, 2015
At some point 15 years ought to count for something. After all, it does amount to one-seventh of a century. And during that span we have encompassed several business cycles, two financial crises/meltdowns and nearly a non-stop blitz of “extraordinary” policy interventions. To wit, a $700 […]
paulcraigroberts.org / By Paul Craig Roberts / March 30, 2015
I am an admirer of Dahr Jamail’s reporting. In this article, Oceans In Crisis, Jamail tells us that we are losing the oceans. http://truth-out.org/news/item/29930-oceans-in-crisis-one-woman-will-cross-the-pacific-to-raise-awareness He reports on the human destruction of the oceans. It is a real destruction with far-reaching consequences.
That fact is indisputable.
paulcraigroberts.org / Paul Craig Roberts / March 27, 2015
I admire David Ray Griffin for his wide-ranging intelligence, his research skills, and for his courage. Dr. Griffin is not afraid to take on the controversial topics. He gave us ten books on 9/11, and anyone who has read half of one of them knows that […]
libertyblitzkrieg.com / Michael Krieger / Mar 23, 2015
Neoclassical economics and the trickle down policy framework that we have derived from it argues that there is a trade-off between fairness and growth. The general idea of trickle down economics is that the richer the rich get and the less constrained they are, less burdened in […]
zerohedge.com / by Tyler Durden on 03/19/2015 15:10
“This gap between the 1% and the rest of America, and between the US and the rest of the world, cannot and will not persist,” warns renowned trader Paul Tudor Jones during his recent TED Talks speech, as he addressed the question – can capital be just? […]