Archive - Jun 14, 2011 - Blog entry
ReFLaGGiNG THe EURO
Submitted by williambanzai7 on 06/14/2011 22:39 -0500This one's to all you Greeks out there...
We've Yet To See The Fed's GREATEST Failure
Submitted by Phoenix Capital Research on 06/14/2011 21:07 -0500For the Fed the failure to address any of the underlying causes of the Financial Crisis has been a great success story. After all, all it had to do was pump the financial system full of more money (increasing the amount of leverage) and push for the suspension of accounting standards (so the crap debt is still there, but no longer is visible).
Rolling Back the Progressive Era
Submitted by ilene on 06/14/2011 16:06 -0500In this respect, the war being waged against Greece by the European Central Bank (ECB) may best be seen as a dress rehearsal not only for the rest of Europe, but for what financial lobbyists would like to bring about globally.
What Do the Numbers Say?
Submitted by thetechnicaltake on 06/14/2011 16:00 -0500In sum, I still believe the data supports betting with the market when the “dumb money” indicator turns bearish. It doesn’t work every time, but show me something that does.
An Entirely Predictable Economic Dip
Submitted by Value Expectations on 06/14/2011 15:40 -0500Contrary to the popular view among economists that currency devaluation is necessary during periods of economic hardship, debasement works against the very investment that drives company formation and job creation given the tautological reality that any returns on investment will come back in cheapened money.
The Fed Failed... But We've Yet to See Its ULTIMATE Failure
Submitted by Phoenix Capital Research on 06/14/2011 13:55 -0500For the Fed the failure to address any of the underlying causes of the Financial Crisis has been a great success story. After all, all it had to do was pump the financial system full of more money (increasing the amount of leverage) and push for the suspension of accounting standards (so the crap debt is still there, but no longer is visible).
Al Qaeda Flying Planes Into the World Trade Center and Pentagon Was Foreseeable
Submitted by George Washington on 06/14/2011 11:56 -0500But no one was demoted, let alone fired. In fact, many of those who dropped the ball were PROMOTED, just like the knuckleheads who caused the economic crisis were PROMOTED to top posts.
Japanese and US Stocks - The Bernanke Footprint
Submitted by Bruce Krasting on 06/14/2011 10:14 -0500Bernanke told the Japanese Central Bank what to do eight years ago. It is the same playbook for America today. It didn't work for Japan. It won't work for the USA either.
Gold Mining Stocks Mismatch : Gettin Jiggy With ‘Em!
Submitted by Smart Money Europe on 06/14/2011 05:33 -0500As stock markets massively turned the corner in the recent weeks, most sectors are looking into the abyss again. Even gold stocks were put out with the garbage, while the price of gold keeps leveling aloft $1,500. What’s the deal with these golden equities?!
