Archive - Aug 20, 2011 - Blog entry
Visual CoMBaT DaiLY (8.21.11)
Submitted by williambanzai7 on 08/20/2011 21:34 -0500Storm clouds over Martha's Vineyard...
Business Lessons From a Pastry Chef
Submitted by Phoenix Capital Research on 08/20/2011 15:55 -0500Courseille had created something that was not only delicious, but an additional revenue stream for his employer (the “chicken” sells for $12, and to be honest, I would have paid $20 for it, it’s that good). Whether the guy knows it or not, he’s a marketing genius (on top of a master pastry chef). I had to meet him.
The Great Collapse Has Officially Begun
Submitted by Phoenix Capital Research on 08/20/2011 15:51 -0500In plain terms, we’re entering a period in history that will rival the Revolutionary war. This country will be very very different by the time it has ended. Many people will lose everything in this mess. Yes, everything.
Bob Eisenbeis: Central Bank Policy, Euro Bonds, and QE3
Submitted by rcwhalen on 08/20/2011 15:44 -0500In order for the FOMC to keep the funds rate within the desired range, it will have to purchase whatever government debt exists or is issued into the market. This amounts to establishing a de facto QE3 policy without announcing ex ante the amount of securities it intends to purchase. Instead, the amounts purchased will be “whatever it takes.”
Cheap money, Broken markets and Stupidity
Submitted by thetrader on 08/20/2011 09:48 -0500What happens when Risk is priced too cheap for too many years.....
On EU banks, Solvency or Liquidity? - Or BOTH?
Submitted by Bruce Krasting on 08/20/2011 08:48 -0500I'm looking for something Sunday night. I don't think the world can wait until Jackson Hole
Three Charts Explaining the Financial Crisis
Submitted by thetrader on 08/20/2011 04:09 -0500What is actually going on in the Financial World?
Dear Fellow American...
Submitted by williambanzai7 on 08/20/2011 03:48 -0500I am writing this letter to you not as a liberal, not as a conservative; not as a lefty, not as a righty; not as a Democrat, not as a Republican, not as a Tea Party populist; not as a Christian, not as a Buddist, not as a Moslem, not as an atheist; not as a socialist, a communist and certainly not as a bailout capitalist.
