Aug 312015
 
 August 31, 2015  Posted by at 10:48 am Finance Tagged with: , , , , , , ,  3 Responses »
Debt Rattle August 31 2015

• China Stocks Extend Biggest Selloff Since 2008 on Rescue Doubts (Bloomberg) • Beijing Abandons Large-Scale Share Purchases (FT) • If the Options Market Is Right, China’s Stock Rescue Is Doomed (Bloomberg) • China Punishes 197 Over Stock Market And Tianjin ‘Rumours’ (BBC) • Families Of China’s ‘Disappeared': Country Is Place Of ‘Fear And Panic’ (Guar.) • Two Big Winners From China’s Big Slowdown (Pesek) • Jackson Hole Questions Inflation Mastery Sought by Draghi & Co. (Bloomberg) • Looting Made

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Aug 312015
 
 August 31, 2015  Posted by at 8:48 am Finance Tagged with: , , , , , , , , , ,  4 Responses »
The Real Refugee Crisis Is In The Future

Perhaps Angela Merkel thought we didn’t yet know how full of it she is. Perhaps that’s why she said yesterday with regards to Europe’s refugee crisis that “Everything must move quickly,” only to call an EU meeting a full two weeks later. That announcement show one thing: Merkel doesn’t see this as a crisis. If she did, she would have called for such a meeting a long time ago, and not some point far into the future. With the death

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Aug 302015
 
 August 30, 2015  Posted by at 10:41 am Finance Tagged with: , , , , , , , , ,  No Responses »
Debt Rattle August 30 2015

• Why We Need To Lie To Ourselves About The State Of The Economy (Satyajit Das) • Fed, ECB, BOE Officials All Say They See Inflation Rising (Bloomberg) • Central Banks Can’t Save Markets From A Crash, And Shouldn’t Try (Guardian) • On Second Thought, China Slowdown Will Hit Global-Growth Outlook (Bloomberg) • How To Make Sense Of China (Elizabeth C. Economy) • China Falters, And The Global Economy Is Forced To Adapt (NY Times) • China Premier Li Says

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Aug 302015
 
 August 30, 2015  Posted by at 7:24 am Finance Tagged with: , , , , ,  1 Response »
Nicole Foss Talks Energy Industry Issues and Oil Price Collapse

Nicole Foss recently participated in a live Skype ‘forum’ discussion at the Doomstead Diner site that also included, among others, Gail Tverberg, Steve Ludlum, Norman Pagett and Ugo Bardi. Apologies for the fact that I haven’t watched the videos yet and I’m getting the details as I go, so my info may be a bit sketchy. And so is the order the episodes come in here. I understand episode 3 is not even available yet. I’ll run this in episodes.

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Aug 292015
 
 August 29, 2015  Posted by at 12:15 pm Finance Tagged with: , , , ,  2 Responses »
Nicole Foss Talks Economics At The End Of The Age Of Oil

Nicole Foss recently participated in a live Skype ‘forum’ discussion at the Doomstead Diner site that also included among others, Gail Tverberg and Ugo Bardi. I declined to participate, too many cooks and all that, and seeing how long this thing went on, I have no doubt that was a good decision. Even if my absence obviously reduced the potential charm and entertainment value considerably. I’ll run this in episodes. Today’s post contains the first. Part II- Economics at the

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Aug 292015
 
 August 29, 2015  Posted by at 9:24 am Finance Tagged with: , , , , , , , , , ,  4 Responses »
Debt Rattle August 29 2015

• Fed Up Investors Yank Cash From Almost Everything Just Like 2008 (Bloomberg) • Everything You’ve Heard About China’s Stock Market Crash Is Wrong (Quartz) • President Xi Had Too Much Riding On China’s Stock Market Boom (Satyajit Das) • Chinese President Xi Jinping Amasses Power, Hits ‘Perfect Storm (CNBC) • The Chinese Bubble (Marco Zanni, M5S in Europe) • There Can Be No Denying China’s Economy Is Slowing Down (Guardian) • Citigroup Braces For World Recession, Calls For Corbynomics

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Aug 282015
 
 August 28, 2015  Posted by at 11:10 am Finance Tagged with: , , , , , , , , ,  4 Responses »
Debt Rattle August 28 2015

• Real Chinese GDP Growth Is -1.1%, According to Evercore ISI (Zero Hedge) • BofA: China Stock Rout To Resume As Intervention Ends (Bloomberg) • Money Pours Out of Emerging Markets at Rate Unseen Since Lehman (Bloomberg) • What China’s Treasury Liquidation Means: $1 Trillion QE In Reverse (ZH) • Global Equity Funds Witness Biggest-Ever Exodus (CNBC) • PBOC Uses Derivatives to Tame Yuan Fall Expectations (WSJ) • China Local Govt Pension Funds To Start Investing $313 Billion ‘Soon’ (Reuters)

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Aug 272015
 
 August 27, 2015  Posted by at 1:34 pm Finance Tagged with: , , , , , , , , ,  18 Responses »
Refugees Expose Europe's Lack Of Decency

This is a story I’ve been wanting to write for a while now, at least two full weeks, but haven’t gotten around to because I have my dying mother to attend to. Something I can to an extent approach from a rational point of view, because she has expressed her explicit will to die. But it will of course never be easy, if only because I’ve been close to her all my life even in the 20-odd years I lived

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Aug 272015
 
 August 27, 2015  Posted by at 11:44 am Finance Tagged with: , , , , , , , , ,  3 Responses »
Debt Rattle August 27 2015

• US Stocks Surge, Snapping 6-Day Losing Streak (AP) • Worst Decline In World Trade In 6 Years (RT) • China Meltdown So Large That Losses Eclipsed BRICS Peers, Twice (Bloomberg) • The Stock Market Hasn’t Had a Selloff Like This One in Over 75 Years (BBG) • China’s Workers Abandon The City As Beijing Faces An Economic Storm (Guardian) • China’s Central Bank Won’t Do Beijing’s Dirty Work (Pesek) • China Is In A Serious Bind But This Is

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Aug 262015
 
 August 26, 2015  Posted by at 11:13 am Finance Tagged with: , , , , , , , ,  8 Responses »
Debt Rattle August 26 2015

• China Stocks Slump as Rate Cut Fails to Stop $5 Trillion Rout (Bloomberg) • US Stock Rally Fails; Day Ends With Vicious Selloff (MarketWatch) • Bubbles Don’t Correct, They BURST! (Harry Dent) • Why China Had To Crash Part 1 (Steve Keen) • Why Worries About China Make Sense (Martin Wolf) • China Cuts Rates To Stem Crisis, But Doubts Grow On Foreign Reserve Buffer (AEP) • The Most Surprising Thing About China’s RRR Cut (Zero Hedge) • China’s

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