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U.S. State Department Heaps Further Pressure on Mexico’s Struggling Economy | Wolf Street
U.S. State Department Heaps Further Pressure on Mexico’s Struggling Economy | Wolf Street. With its vibrant, colourful street life, rich culture, sunny climes, white-sand beaches, and succulent, spicy food, Mexico is – or at least should be – a perfect holiday destination. Yet these days, whenever I tell friends, family or colleagues back in Europe […]
Alaska Governor Warns State’s Fiscal Situation “Critical” As Oil Price Drops | Zero Hedge
Alaska Governor Warns State’s Fiscal Situation “Critical” As Oil Price Drops | Zero Hedge. Narrative, we have a problem. What is billed day after day as ‘unequivocally good’ is entirely not good for Alaska (oh and Texas and Pennsylvania and…) as with oil prices dropping, AP reports Alaska Gov. Bill Walker has halted new spending on six high-profile […]
The Biggest Risks To Canada’s Economy In 2015, And Beyond
The Biggest Risks To Canada’s Economy In 2015, And Beyond. We welcome 2015 at a rather tumultuous time for the global economy — from falling oil prices to hacker threats against a movie studio, to a crucial election in Greece. The global economy is at a crossroads that could see it either finally escape the […]
50 Numbers From 2014 That Sound Fake But That Are Actually Real
50 Numbers From 2014 That Sound Fake But That Are Actually Real. 2014 was quite a bizarre year, wasn’t it? The past 12 months brought us MH370, Ebola, civil war in Ukraine, civil unrest in Ferguson, the rise of ISIS and the fall of the Democrats in the midterm elections. Our world is becoming crazier […]
Revolution, Part 2: The New Paradigm | Degrowth 2014
Revolution, Part 2: The New Paradigm | Degrowth 2014. Worried about the shit hitting the fan on climate change and other major crises? Good. Because those crises prove that civilization is in the midst of a phase shift to new forms – and we’ve got the opportunity, right now, to ride the wave of five […]
The Most Common Error in Economic Debates |
The Most Common Error in Economic Debates |. The Problem of Contingent Data Have you ever been in an argument about whether we should raise taxes and then someone tosses out a real whopper? “The top tax rate for decades after World War II was over 90% and look how the economy boomed!” Or perhaps […]
China Offers Enhanced Cooperation as Russia Struggles – Bloomberg
China Offers Enhanced Cooperation as Russia Struggles – Bloomberg. China offered enhanced economic ties with Russia at a regional summit this week as its northern neighbor struggled to contain a currency crisis. “To help counteract an economic slowdown, China is ready to provide financial aid to develop cooperation,” Premier Li Keqiangsaid at a Dec. 15 gathering in Astana, Kazakhstan. While […]
Climate: The Crisis and the Movement
Climate: The Crisis and the Movement. Wherein lie the roots of the climate crisis? Allen White, Senior Fellow at the Tellus Institute, talks with writer and activist Naomi Klein, author of the new book This Changes Everything: Capitalism vs the Climate, about how our economic system has driven us to the point of crisis and how we can […]
Good Economic News, but Democrats Differ on Whether to Take Credit – NYTimes.com
Good Economic News, but Democrats Differ on Whether to Take Credit – NYTimes.com. WASHINGTON — Democrats would like some credit for the run of good economic news. Yet the better those reports are, the more divided the party has become over how — even whether — to take any. In one camp are Democrats who […]
Debunking Keynesian “History”: The Gold Standard Had Nothing To Do With Panics And Busts | David Stockman’s Contra Corner
Debunking Keynesian “History”: The Gold Standard Had Nothing To Do With Panics And Busts | David Stockman’s Contra Corner. One of the main reasons that detractors of the gold standard contend it is a “barbarous relic” (in John Maynard Keynes’s phrase) is that it was implicated in so many financial panics and economic busts back […]
From dismal science to language of beauty – Towards a new story of economics | Degrowth 2014
From dismal science to language of beauty – Towards a new story of economics | Degrowth 2014. Humans are storytelling beings. In fact one could argue that it is impossible to make sense of the world without story. Storytelling is how we piece together facts, beliefs, feelings and history to form something of a coherent […]
The Most Elementary Question Must Not Be Asked – The Automatic Earth
The Most Elementary Question Must Not Be Asked – The Automatic Earth. We’re in dire need of fresh blood and smart new ideas to clean up the mess the present ideologies and their puppets and puppetmasters have created. The present crew has made a neverending series of ‘mistakes’, intentional or not, and they are dead […]
IceCap Asset Management: The Third Law Of ‘Stock Market’ Motion | Zero Hedge
IceCap Asset Management: The Third Law Of ‘Stock Market’ Motion | Zero Hedge. Excerpted from IceCap Asset Management’s Keith Dicker’s latest letter to investors, Three hundred years ago, physicist Isaac Newton, compiled the Third Law of Motion. Ever since, people everywhere have noticed how every action does indeed have an equal and opposite reaction. This […]
Uncertainty in Washington Poses Long List of Economic Perils – NYTimes.com
Uncertainty in Washington Poses Long List of Economic Perils – NYTimes.com. WASHINGTON — As House Republicans mull another round of fiscal brinkmanship with President Obama, a dark cloud is threatening to return to otherwise clearing economic skies: fiscal and political uncertainty. Republican leaders moved Tuesday to finesse their way around another government shutdown next week, […]
Epsilon Theory – Salient Partners | Signs and Portents
Epsilon Theory – Salient Partners | Signs and Portents. Like the criminals that Bruce Wayne fought as Batman, we investors are a superstitious, cowardly lot. We are constantly ascribing way too much import to this sign or that sign, constantly freaking out over the meaning and significance of this market event or that market event. […]
