Downward spiral
Created by lack of demand..
Meanwhile, in Italy…
This is not good, not good at all..
What’s really going on in the US economy
Must read stuff..
The Central Economic Problem
Not a surprise, although hearing it from the WSJ is, a little…
If you think austerity works..
Think again. Not a surprise, this..
Even as profits are surging..There are still significant risks in the world economy
There are still significant risks in the world economy
Life in the US economy
First, there was bottom line growth, and now this is leveraged by top line growth..
The law of supply and demand asserting itself in Argentina
When few trust the future, productive capacity can’t keep up with demand and the result is, well, entirely predictable…
Global liquidity seems to be falling
So much for too much money chasing too few goods…
Decline of the West?
Calls of that are as old as, well, Oswald Spengler at least. However, this time might be different..