The UK experiment off to a rocky start
While the French are going beserk over a rather modest pension reform, the British keep a stiff upper lip, uuh, purse in the face of unprecedented public sector cuts…
Finance is the new weapon of mass destruction
Interesting read, this..
Soros on the crisis
He’s not only a smart investor. Required reading.
The right diagnoses of the US economy
Interesting reed, but the right diagnosis is only the start, we have to have the right fix (if available) as well…
Required reading
From the BIS and TPC…
Extreme income inequality
ZeroHedge remains an interesting site, despite their senseless and almost completely unsubstantiated daily rants against Keynesianism (or better, what they think is Keynesianism). This is a must read on the […]
Liquidity trap
Nasty stuff, that. The Fed saved the day, for now, by hinting another round of QE if the economy gets even worse. But what would QE actually achieve under the […]
Deflation
Even the profits depend on a form of it, called wage deflation…
Rare moment of economic insight from ZeroHedge
Although it had to be a guest post…
The usual nonsense once again..
“Recovery is stalled by uncertainty over regulation derailing credit supply…” Yea, right..