Archive - Aug 2013 - Blog entry

The constitutional legacy of Barrack Moebama (Der FUBAR).

"We have documented significant fiscal losses caused by preferential treatment of bank creditors of gone concern banks..."

When it was suggested it was considered in the blazing battles of the bail-outs and the scraping of the bottom of the drawers for extra cash as the God-sent answer to all EU woes and worries.

D'Oh!

‘The bigger they are, the harder they fall’ has always been true and is seemingly even more so today with regard to the BRICs (Brazil, Russia, India and China)

Catch of the day...

There is literally no evidence that printing money creates jobs. Look at Japan, they have and continue to maintain QE efforts equal to 40+% of their GDP and unemployment hasn’t budged in 20 years. The UK has engaged in QE equal to over 20% of GDP with no success.

By well known PhDs...

Ouch. 

If we can judge by the announcement from the Obama administration, the relations between the US and Russia are at their lowest ebb for decades and they couldn’t get much colder.

Foreign companies react; at the expense of already revenue-challenged US tech companies

Japan’s Nuclear Accident Response Director Warns that Tepco’s Actions Might Cause Reactor BuIldings to Collapse

Evans, who is one of twelve Federal Reserve Presidents, believes that the economic indicators “are actually really better” and this signals a new, more firmer indication from the Fed that tapering is going to happen.

However, the Fed is terrified of losing control of the system, so it wants to continue doing anything no matter how futile in order to maintain the appearance of confidence. God forbid anyone figures out the emperor has no clothes…

Hey Moe!