Predictions of War, Financial Bust, and More Gloom-Minyanville

Posted by Matt in November 25th, 2009 | no comment

Published in Financial, War, Amp, Big Bust, Boom, Credit Expansion, Doom Editor, Economy, Gloom, Governments, Inflation Rate, Inquiring Minds, Marc Faber, Printing Money, Stimulus, Swiss Fund

Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor, said eventually there will be a big bust and then the whole credit expansion will come to an end. Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not [...]

The American Economy: Killing the Goose that Lays the Golden Egg

Posted by Matt in October 10th, 2009 | no comment

Published in Economy, American Economy, Budget Deficits, Credit Crisis, Current Office, Federal Expenditures, Financial Crisis, Fiscal Deficits, Global Financial Crisis, Golden Egg, Hyperinflation, Killing The Goose, Monetary Regimes, Money Creation, Office Of Management And Budget, Political Relationships, Printing Money, Professor Emeritus, Public Budget, University Of Basel, University Of Basel Switzerland, Western Democracies, Wwz

What Were We Thinking?
As a culture, the current mix of generations, especially in the US, has made some choices. Choices which, in hindsight, leave the adult in us asking, “What were we thinking?”
We made a series of bad choices and suffered the credit crisis because of it. Now, as a nation, we are in the [...]

Has the threat of a Great Depression vanished?

Posted by Matt in June 7th, 2009 | no comment

Published in Economy, Anxieties, Bank Crisis, Bond Yields, Bubble Bursts, Bush Tax Cuts, Cartels, Central Banks, Dollar Bubble, Financial Stability, Fiscal Deficits, Government Support, Great Depression, Inadequate Consumption, Perdition, Printing Money, Protectionism, Rebalancing, Recession, Seven Deadly Sins, Solvency, Stagflation, Stagnation, U S Treasury, World Economy, World Recession

The author hasn’t quite captured all the problems that could derail a recovery:
1. The Bush tax cuts expire in 2011.
2. The U.S. Treasury bubble bursts.
3. The dollar bubble bursts.
From the article:
I find anxieties focus on Seven Deadly Sins, which could yet set the world back on the path to economic perdition:
1. Rising bond yields could [...]

China warns Federal Reserve over ‘printing money’

Posted by Matt in May 27th, 2009 | no comment

Published in China, Financial, China, Chinese Government, Dallas Federal Reserve Bank, Federal Money, Federal Reserve, Federal Reserve Bank, Fisher, Printing Money, Senior Officials, Us Federal Reserve, Us Treasury Bonds

China has warned a top member of the US Federal Reserve that it is increasingly disturbed by the Fed’s direct purchase of US Treasury bonds.
Richard Fisher, president of the Dallas Federal Reserve Bank, said: “Senior officials of the Chinese government grilled me about whether or not we are going to monetise the actions of our [...]