Historical Archives

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Trump Pulled Off A 1980 Reagan-Style Debate "Win"

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Durables Goods Orders Less Transportation Negative Y/Y For 20th Straight Month

Factory orders did way better than the Econoday consensus estimate of -1.9% but that was against a revision that took …

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A Realistic Decomposition Of Rates, Or At Least A Realistic Interpretation Of It

Last April, former Fed Chairman Ben Bernanke wrote a series of blog posts for Brookings that was intended to explain one of the biggest contradictions of his legacy. If quantitative easing had actually worked as he to this day suggests that it did, why wasn’t the bond market in clear agreement? In order to try...

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Ron Paul: Wells Fargo Is A Fraud

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Global Debt Climbs Towards Fresh High As Companies And Countries Keep On Borrowing

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ECB Board Member Admits Central Bank's Monetary Policy Risks "Tearing Up Social Fabric"

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The "Nightmare Scenario" For The Bank Of Japan Is Starting To Come True

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Good Job, Mario! NIRP Slams Commerzbank And 9,000 Jobs

On August 31, 2008, Germany’s Commerzbank announced that it was purchasing ailing rival Dresdner Bank from Allianz SE. As usual, however, the deal wasn’t described in those terms as nothing ever is so honest in public. Then-Allianz CEO Michael Diekmann said at the time of the announcement: As a strong bank, the new company can...

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The Effects Of Money On Trade

There can be little doubt now outside of orthodox economics that the global economy is actually slowing, not accelerating as has been predicted. Economists themselves, however, continue to claim that things are getting better when the data strongly suggests otherwise. The latest depressing figures are from a pair of (orthodox) supranational organizations. First, the World...

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Election 2016: What Do We Do Now?

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