Tuesday , 12 December 2017


Economy

Artificial Stimulus Will NOT Revive U.S. Economy

The Japanese monetary and fiscal anti-deflation reflex in reaction to the crash in the 90´s was very much the same as the recent and currently ongoing global pumping approach. Japan has been running exactly the same "stimulus" as the rest of the world is now employing to fight the downturn. It didn´t work in Japan and I doubt it will work globally. If ever there was an economic illustration of the fact that "stimulus" cannot revive a REAL economy, Japan is that illustration. Words: 861

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Roubini: Hunker Down for More Job Losses

Think the worst is over? Wrong. Conditions in the U.S. labor markets are awful and worsening. We can expect that job losses will continue until the end of 2010 at the earliest. In other words, if you are unemployed and looking for work and just waiting for the economy to turn the corner, you had better hunker down. All the economic numbers suggest this will take a while. The jobs just are not coming back. Words: 536

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Global Warming: The ‘Anthropocentric’ Crisis (Part 4: Conclusion)

The global climate warming fuss is not principally an environmental issue but, rather, it is a manufactured crisis supported by copious amounts of manipulated science, reinforced by opinion leaders and promulgated by the cheerleading of the mass media. Global warming has become the mother of all politically correct issues. Words: 1551

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Why Should WE Make Sacrifices to Offset Global Warming? (Part 3)

There is no more time remaining to examine or discuss any nagging questions or doubts concerning the merits of anthropogenic induced climate change. We must reduce our collective carbon footprints now. Electricity sourced from coal must be replaced by anything that doesn’t spew CO2, except, of course, nuclear power. Our next car must be a state of the art plug-in electric version, or at least a hybrid. But isn’t the single largest source of electricity the burning of coal? Hmm, how does buying and driving an electric car help? Regardless, we must get with the program...now! No more questions please! Words: 1346

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U.S. and Canada Are Global Warming Scapegoats (Part 2)

Global warming is not a crisis created by man wantonly burning fossil fuels to the detriment of nature. Rather, global warming is a methodically fabricated issue cleverly designed and exploited by proponents of global governance under the tutelage of the United Nations. Words: 1839

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"The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between" – A Book By William Bernstein

Bernstein's attitude regarding the financial services industry is downright hostile: he suggests more than once that retail investors won't go too far wrong by considering any stock broker, financial advisor or insurance salesperson a "hardened criminal." That's with respect to evaluating whether their interests are more aligned with their own retirements or that of their clients. Words: 576

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Antal Fekete: The Fed Inadvertently Steering Economy on Road to Hell

I would welcome a public debate of my thesis that risk-free bond speculation suppresses the rate of interest and destroys capital in the process. I have challenged neo-classical economists who still consider the open-market operations of the Fed as a ‘refined tool to manage the national economy’. I want them, instead, to see in open-market operations the cancer of the economy responsible for the withering of the world’s prosperity. So far my challenge has fallen upon deaf ears. Words: 2854

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