• Vitaliy Katsenelson
    10/07/2015 - 12:23
    Having government control over the levers of the economy can have advantages. For example, by taking prompt action, the Chinese government was able to pull the economy out of the recession remarkably...

Joseph Stiglitz

Pivotfarm's picture

The Nobel Prize: Do We Have to Agree?

Once upon a time the person that ended up with the Nobel Prize for whatever it might have been was always the single person to be left standing on the podium in the number one position.

Pivotfarm's picture

Revolution Costs

It’s obvious that we might sometimes have the impression the freedom has no price on it. But, think again.

Pivotfarm's picture

Petrol Increase because Traders Can’t Read

We all know that it’s not actually the message that is important but the way that the words are interpreted by those reading them. Never has that been more important than with Twitter. You only get 140 characters, which might be too much when we read some of the comments on there. But, for others it’s far from enough. Traders look like they could be needing a few more pages to get the full picture. Just a few days ago traders made a mistake when they read the tweet posted by the Israeli army on October 10th 2013.

Pivotfarm's picture

Darfur: The Land of Gold(s)

Once upon a time there was a conflict that was based upon ethnic origins in Darfur.

Pivotfarm's picture

Obamacare: I’ve Started So I’ll Finish

As Warren Buffet openly states that he believes that a default on US debt will be catastrophic and that lawmakers in Congress need to get their act together and get the federal government back to work by passing the budget we might well wonder if it’s just for show or if he really believes that.

Tyler Durden's picture

Guest Post: Five Years In Limbo (And Counting)

Five years later, while some are congratulating themselves on avoiding another depression, no one in Europe or the United States can claim that prosperity has returned. The financial system may be more stable than it was five years ago, but that is a low bar – back then, it was teetering on the edge of a precipice. Those in government and the financial sector who congratulate themselves on banks’ return to profitability and mild – though hard-won – regulatory improvements should focus on what still needs to be done. Some are pleased that the economy may have bottomed out. But, in any meaningful sense, an economy in which most people’s incomes are below their pre-2008 levels is still in recession. An The glass is, at most, only one-quarter full; for most people, it is three-quarters empty.

Pivotfarm's picture

USA: Uncle Sam is Dead

Isn’t it wonderful how the US believes (whether that be the citizens or the politicians) that the state will never default on its debt repayments?

Pivotfarm's picture

Where Washington Should Go for Money: Havens

As the US government shutdown enters its 7th day today it looks as if we shouldn’t be holding our breath unless we want to go blue in the face in the hope that there might be a compromise or somebody might actually cave in.

Pivotfarm's picture

Media Forgets: Rouhani’s Spots Won’t Change

Turning over new leaves and all that stuff is great if you believe that your true nature can be changed. But, leopards rarely change their spots and Iranian spots are just as indelible as any others in the world. 

Pivotfarm's picture

Sugar Rush is on

At one time it was the Gold Rush that obsessed everyone as there were screams and shouts to be heard of ‘there’s gold in them there hills’. Now, it’s sugar that is creating the buzz in the investment world.

Pivotfarm's picture

Human Capital: Switzerland or Yemen?

What would you say to working in either Switzerland or Yemen? The choice wouldn’t take too long to ponder over I guess when it comes to providing a healthy environment in which factors that would lead to long-term economic success that might be taken into consideration.

Pivotfarm's picture

Wonderful President of USA and Munchkins

The Chief Economist at Citi Willem Butler has said today on CBC in an interview that the fiasco over the US budget and the lack of money is nothing more than irresponsible on all political wings and that the country is being run by Munchkins in the Land of Oz.

Pivotfarm's picture

USA : Last One to Leave Turn Out the Lights

The USA is turning into a sorry state of affairs. But, it only has itself to blame. The successive governments for the past decades have done nothing but increase the debt ceiling in the country.

Pivotfarm's picture

Crisis is Literal Kiss of Death

The financial crisis of 2008 killed a lot of things. It killed the line of credit, it killed the finances of millions of people around the world, it ousted governments and relegated leaders to the back offices and it was the kiss of death to a failed system and brought down entire states.

Pivotfarm's picture

Qatar’s Slave Trade Death Toll

The Egyptians dispensed with the life of their slaves in the construction of the pyramids as if they were nothing but throw-away products before that had even been invented in the modern day and age in which we live.

Syndicate content
Do NOT follow this link or you will be banned from the site!