Monthly Archives: June 2013

“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 →

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

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 →

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 distortions … Continue reading →

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 →

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 →