Bruce Krasting's blog

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CBO on SS – It’s a Terrible Deal for Most People





80% of the people who contribute to SS get less than what they paid in.

 
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Evidence QE3 is Working, and Other Lies





"The Fed will, gradually sell securities or let them mature." Rubbish!

 
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On Politics, Italian and American Style





he stood in a town square and delivered a breathless tirade against “the forces” seeking to destroy Italian society.

 
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On the Cliff





A long period of economic mediocrity is the most likely outcome.

 

 
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SNB in a Pickle





SNB bond-buying is "exacerbating" the gap between borrowing costs for stable countries like Germany and the rest of the 17-nation euro zone.

 
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CBO on Electric Cars - Don't Buy Them!





"Electric vehicles cost thousands of dollars more to purchase than conventional vehicles of comparable size and performance."

 
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On Takers and Payers





What kind of plan is that?

 
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$50Bn of Commodity Investment at Risk?





 

An enormous industry has built up on a very thin legal foundation, and now it's starting to sway dangerously in the wind

 
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On Egypt's Morsi





Friend or foe?

 
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Ben Wins - Who Loses?





Ben Bernanke is crying tears of happiness tonight. I'm crying tears of sadness.

 
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Lagarde Lying?





Which is it Ms. Lagarde?

 
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D.C. Finalizing Plan for Assault on Metro NYC





It would be like Congress dropping stink bombs on Times Square.

 
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On Sub-Zero and Decoupling





Who in their right mind would buy any government bonds today?

 
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On the Fed and WFP





Bernanke knows this. I wish he would admit to it.

 
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