Monthly Archives: June 2013

Q1 GDP Final Report, “A Sham Recovery”

“Real per capita disposable incomes took yet another hit. The astonishing annualized contraction of real per capita disposable income has now reached -9.21% — dwarfing the -7.52% contraction rate recorded in the first quarter of 2009 (the worst quarterly contraction … Continue reading

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The Next 18 Months Will Redefine the Economic Orthodoxy For The West

It is not often you get the chance to listen to Kyle Bass, one of the best global macro analysts, with an astonishingly good track record through the last ten years. So many good points made here. next 18 months

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Connecting the Dots

Fascinating interview with Catherine Austin Fitts. The only way we have to understand the world is by connecting the dots. This is a very information discussion that provides valuable investment insight. http://www.youtube.com/watch?v=hv8w1c2w80I At the same time we need to guard … Continue reading

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Why QE has failed to boost investment and jobs

Professor Alan Meltzer explains the increasingly obvious complete failure of QE policy. In the main QE has simply boosted bank deposits. This has turned the banking system into the biggest hedge fund the world has ever seen and enormous market … Continue reading

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How dysfunctional policy can lead to a massive stock market rally AND a declining economy

The latest bank loan and deposit data shows the absurd level of Federal Reserve produced bank deposits relative to loans. What to do with excess deposits? Speculate, of course. This is where a great deal of the inflation has gone … Continue reading

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Central Banks gone wild

The accidental release of the Fed’s Advisory Panel minutes on Friday show that US policy makers are well aware of the limitations of their current policy to stimulate the economy through a manufactured “Wealth Effect”. Peter Schiff, who correctly forecast … Continue reading

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