Financial Crisis Round Two: Batten down the hatches, the waters are still treacherous

Posted by Matt in March 14th, 2010 | no comment

Published in Financial, Batten Down The Hatches, Boom, Crash, Elements, Front Page, Global Financial Crisis, Nature, Normalcy, Signals

The ominous word ”boom” appeared last week, in large type, on the front page of the local newspaper. Given the nature of this paper, the word could only refer to one thing: property. While the signals from the property market are mixed, it appears we are springing back to normalcy without absorbing the reality: the [...]

Michael Lewis’s ‘Big Short’ – Investors Foresaw Meltdown – Review – NYTimes.com

Posted by Matt in March 14th, 2010 | 1 comment

Published in Financial, American Housing, American Taxpayers, Billions Of Dollars, Crazy Man, Creditworthiness, Derivatives, Economists, Financial Executives, Fortune, Global Financial Crisis, Housing Bubble, Insanity, Losses, Mathematical Models, Michael Lewis, Money Machine, Recession, Trillion, Wall Street, Wall Street Firms

The global financial crisis of 2008, which economists estimate could result in several trillion dollars of losses and which has already cost American taxpayers billions of dollars in government bailouts, was triggered not by war or recession but by a crazy, man-made money machine, built on flawed mathematical models that most financial executives did not [...]

What happens when a collapse is prevented from happening?

Posted by Matt in February 8th, 2010 | no comment

Published in Economy, Financial, Battle 1, Battleships, Collateral Damage, Contagion, Deadlier Attacks, Global Financial Crisis, Global Investors, Government Bureaucrats, Guerilla War, Hearts And Minds, Innocent Americans, Long Term Capital, Long Term Capital Management, Market Collapse, Martin D Weiss, Sea War, Stable State, System Collapse, System Feedback, Unstable State

In the article below we learn what happens when a system is prevented from collapsing. When the U.S. financial system is prevented from collapsing in 1997, we got the tech market collapse of 2000-2002. When the Fed did everything to mitigate the collapse of the tech market, then we got the housing bust of 2007-2009. [...]

Crisis expert says China’s boom to end soon – MarketWatch

Posted by Matt in January 16th, 2010 | no comment

Published in China, Author Richard, Boom, China Economy, China Factory, Economist, Expert, Global Financial Crisis, Global Growth, Little Hope, Quarter Century, Rapid Growth, Richard Duncan, Slowdown, World Economy

After more than a quarter century of rapid growth, China’s factory-to-the-world economy could now be set for a major slowdown, even as it tries to spend its way to strength, according to an expert on the causes of the global financial crisis.
Noted economist and author Richard Duncan said that, faced with sluggish global growth and [...]

How to Invest in Gold ETFs | ETF | Financial Articles & Investing News | TheStreet.com

Posted by Matt in November 25th, 2009 | 1 comment

Published in Financial, Deflation, Diversification, Etf Funds, Financial Articles, Financial Crisis, Global Financial Crisis, Gold, Gold Etf, Gold Etfs, Gold Investing, Gold Shares, How To Invest In Gold, Inflation Concerns, Investing News, Investment Time, Market Vectors Gold Miners, New Highs, Portfolios, Precious Metal, Thestreet Com, Time Frame, Vectors Gold Miners

s this precious metal continues to test new highs, investors are flocking to ETFs like Market Vectors Gold Miners(GDX Quote) and SPDR Gold Shares(GLD Quote).
Investors add gold ETF funds to their portfolios for a variety of reasons: diversification, concerns about inflation, concerns about deflation and fear of financial crisis. Before adding a gold ETF to [...]

New Goldrush: Obama’s feeble dollar sparks rise in gold price – Times Online

Posted by Matt in November 24th, 2009 | no comment

Published in Financial, Buy Gold, Decade, Dollar, Financial Crisis, Fort Knox, Global Financial Crisis, Gold, Gold Price, Goldrush, Hoard, Ingots, Investors, Obama, Ounce, Persuading People, Sparks, Spokesman, Television Ads, Value Of Gold

Visitors to America might have noticed the television ads urging us to buy gold. One such “spokesman”, formerly in charge of managing the government’s hoard of the yellow stuff, including the ingots buried at Fort Knox, points out that the value of gold has never fallen to zero. Why investors are expected to find such [...]

Crisis fallout still in ‘first half’: forum

Posted by Matt in November 20th, 2009 | no comment

Published in Economy, Director Richard, Fallout, Financial Crisis, Global Financial Crisis, Managing Director, World Economic Forum

The impact of the global financial crisis is still in its “first half,” but there is only a brief opportunity to bring tough reforms, the World Economic Forum warned on Friday.
“It is still too early for people to pat themselves on the back and say that we’ve managed to get through the crisis,” WEF managing [...]

The Return of the Great Depression

Posted by Matt in November 15th, 2009 | no comment

Published in Economy, Financial, 1930s, Commentators, Core Beliefs, Economic Contraction, Economic Theories, Economists, Europe Asia, Financial Crisis, Global Financial Crisis, Great Depression, October 26, Political Pundits, Precipice, Privilege, Prophecy, Readable Book, Recession, Rgd, scenarios, Sneak Peek, Standing On The Edge, Trivial Task, Worldwide Financial Crisis

In this sophisticated yet readable book, Vox Day – one of the few economics writers to predict the current worldwide financial crisis – explains why it is likely to continue. Vox shows that the policies being pursued in Europe, Asia, and the United States are very similar to Japan’s failed policies of the past 20 [...]

Forecasting the Future: Warning, Danger Ahead!

Posted by Matt in November 14th, 2009 | 1 comment

Published in War, general, Advance Warning, American Societies, Apparent Reason, Collapsed State, Computer Program, Computer Version, Crisis Phase, Critical State, Criticality, Doomsday, Economic Crisis, Economic Volatility, Financial Crisis, Forest Fires, Generational Cycles, Global Financial Crisis, Good Intentions, Grain Of Rice, Grain Of Sand, Grains Of Rice, Grains Of Sand, Mathematical Process, Piles, Stable State, Stable Systems, Steep Areas, Stock Markets, Sudden Collapse, Trivial Event, Warning Danger, Wh, Whole Lot

As I look ahead to 2015, I wonder if America will even be around. Could there be a sudden collapse of America without advance warning?
“Self Organizing Criticality”
How can stable systems suddenly collapse for no apparent reason? Everything seems fine for a long period of time, then for no apparent reason the system collapses. Why [...]

Medvedev: I expect 2010 to be a turbulent year, financially and economically

Posted by Matt in November 14th, 2009 | no comment

Published in Russia, Complexity, Current, Economic Growth, Financial Crisis, Global Financial Crisis, Medvedev, Pace, Russia, Turbulent Year

I expect 2010 to be a turbulent year, financially and economically, both for Russia and the world: the depth of the current crisis, and the complexity of the problems that it has revealed, mean a protracted period of stabilisation and recovery. The green-shoots talk will be heard now and again, with many countries becoming the [...]