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Olduvai III: Catacylsm
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How Bloomberg’s Algo-Writers Serve The Cult Of Keynesian Central Banking | David Stockman’s Contra Corner

How Bloomberg’s Algo-Writers Serve The Cult Of Keynesian Central Banking | David Stockman’s Contra Corner. If you ever needed proof that the financial press has been completely indoctrinated in the cult of Keynesian central banking consider the attached Bloomberg note on the recent tiny decline in Chinese industrial company profits. Without breaking for anything more than a comma, its hapless […]

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As It Turns Out Deflation Is Good After All | Zero Hedge

As It Turns Out Deflation Is Good After All | Zero Hedge. Earlier today, in typical German fashion, the chief of the Bundesbank poured cold water on Europe’s latest round of demands that Germany carry the weight of the rebound from the triple-dip on its shoulders, as usual, when Buba President Jens Weidmann Friday rejected […]

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Goldman Warns “Further Yen Depreciation Could Be A Net Burden” As Japanese Bankruptcies Soar | Zero Hedge

Goldman Warns “Further Yen Depreciation Could Be A Net Burden” As Japanese Bankruptcies Soar | Zero Hedge. It is no secret that one of the primary drivers of relentless S&P 500 levitation over the past two years, ever since the start of Japan’s mammoth QE, has been the use of the Yen as the carry […]

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This Country Will Be the Next Zimbabwe… |

This Country Will Be the Next Zimbabwe… |. Working with their Hands Things are slowing down. This is Thanksgiving week. People are leaving work early, trying to beat the holiday traffic rush. US stocks and gold were flat yesterday. We’re still in New York, taking care of business. Tomorrow, we’ll get an early start and […]

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Japan Is Dying And We Still Don’t Get It?! – The Automatic Earth

Japan Is Dying And We Still Don’t Get It?! – The Automatic Earth. What is it with us? Don’t we WANT to understand? Japan announced on Monday that its economy is in hopeless trouble and back in recession (as if it was ever out). And what do we see? ‘Experts’ and reporters clamoring for more […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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