Dr. Mark Skousen: I’ve Been Fighting a Battle Against these Ideas – the ‘Paradox of Thrift’ is a Myth (Sprott`s Thoughts)Submitted by Sprott Money on 03/18/2015 04:47 -0400
According to Austrian economists like Dr. Skousen, consumption and consumer spending are not the main drivers of economic growth. What really drives an economy are investments and innovation from businesses.
Tens of millions of people will be affected one way or the other.
"Old News"? Not When They've Repeated the Same Playbook in Libya, Ukraine, Syria, and ...
Mr. Ponzi was a charming con-artist who operated about a century ago in the United States and Canada. He enticed investors to contribute new money to his investment scheme (100% return in 90 days), skimmed a portion for his luxurious needs, and used the remaining money to pay off prior investors. The system worked marvelously until it collapsed and people realized that his postal reply coupon investments could not produce the profits that supposedly paid off early investors.
Happy St Puttnik Day!!!
The Bond bubble is not only an overcrowded trade, a bubble of historic proportions but it will cause the entire crash of the financial system.
Happy Sunshine Week and Freedom of Infomation Farce...
I would say Apple is the most dangerous holding on the street right now for portfolio managers.
Happy Saint Patricks Day ! Thanks to all ZeroHedge readers for interaction, shares and indeed business.
This is the short-term scenario. The longer-term scenario is that the market is prime for a sizable collapse.
Jughead versus Hildebeast...
I am not sure how long Mario Draghi can carry on this QE Charade, but it is quite obvious that there is nothing more to be gained from the program.
Fed to lose patience. Many expected Norway and Switzerland to cut rates. Could they be disappointed?