Page 930 of 1,038« First...102030...928929930931932...940950960...Last »

BOJ's Yen Trashing Will Ignite A Tital Wave Of Asian Devaluation And Deflation

End result: Japan will unleash "a tidal wave of deflation westwards" at least until the Fed and its western peers respond in kind and return to doing what they all do best: printing money in hope of stimulating their own inflation and offseting the importing of Japan's deflation, which will also bring everyone back to square one, and will certainly be the end-game in the global currency wars.....

Read More

Washington's Phony Defense "Cuts": How The Warfare State Keeps Expanding

The sequester called for a reduction in future budget increases (no actual cuts anywhere except a trivial amount in the first year). Now both parties complain about "draconian cuts" that never happened. Reductions in the rate of future budget increases will now be restored. What a bunch of hypocrites. It's sickening.

Read More

There Will Be Blood------How The Fed Has Flooded The Shale Patch With Junk Debt

The bloodletting will go on until the money dries up.

Read More

The Lessons Of West Vs. East Germany------How It Looked In 1989

But in East Germany, and no differently or in fact even worse in the other Soviet-dominated countries, where all factors of production are socially owned, insufficiently maintained, deteriorating, unrepaired, rusting, even simply vandalized production factors, machinery, and buildings are truly rampant.

Read More

Where Kuroda's Madness Finally Leads------Japanese Bond Market Disaster

The BOJ’s reckless attempts to achieve a 2% inflation target will trigger a bond market crash and an eventual collapse of the Japanese economy........

Read More

Black Tuesday-----The War Party Won

Read More

Money Printers At Work-----Bubbles And Buybacks

The nature of liquidity under the eurodollar standard is to essentially link “markets” that outwardly seem to have little or no relation. You can see the synchronized ups and downs quite clearly but miss the ultimate connection, especially under the orthodox assumption of the world’s economies and their “natural” finance as mostly closed systems with...

Read More

China's Latest Ghost Town: A $50 Billion Fake Replica Of Manhattan

They are building stuff that nobody really wants or needs — and there will come a day of reckoning," explained Gillem Tulloch, a Hong Kong-based analyst and managing director of GMT Research who has studied the growth of China's "ghost cities" across the country....

Read More

Japan's Fiscal Calamity Intensifies----Consumption Tax Delay Shows It Will Never Staunch Its Deficit Hemorrhage

In what can only be an intentional trial balloon, the Abe government in Japan is making noise about delaying the next scheduled tax increase. Considered to be one of the important “arrows” in Abenomics, this is an especially stark admission that orthodox economics has not (yet again) delivered on its promise. When QQE was started...

Read More

Slack Is Not Depressing Wages, Bubbles Are

While the election confirmed the economic perspective of workers and small businesses, in a lot of ways big business has seen nothing different. In fact, apart from monetary-driven incentives, the two views of dysfunction are very much linked. While profit gains have generally been solid, many blue-chip companies are posting weak sales growth or outright...

Read More

Page 930 of 1,038« First...102030...928929930931932...940950960...Last »

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.