Aug 212017
 
 August 21, 2017  Posted by at 9:28 am Finance Tagged with: , , , , , , , ,  No Responses »
Debt Rattle August 21 2017

Elliott Erwitt Waiting for a Streetcar in Downtown Pittsburgh 1950   • Ron Paul: 50% Stock Market Plunge ‘Conceivable,’ But Not Trump’s Fault (CNBC) • Zombies Propped Up As China’s Debt Swaps Surpass $100 Billion (BBG) • China’s Plunge Protection Team Claims “State Meddling” Stabilizes Markets (ZH) • House Of Cards: Lending Culture Is Leaving Australians Vulnerable (Abc) • Diesel Scandal Is A Risk To German Economy, Says Ministry (R.) • Britain and EU Clash Over Brexit Timetable for Trade

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Aug 202017
 
 August 20, 2017  Posted by at 9:37 am Finance Tagged with: , , , , , , , , ,  1 Response »
Debt Rattle August 20 2017

Stanley Kubrick Shoe shine boys New York 1947   • What Happens When Credit Spreads Finally Rise (ZH) • Don’t Forget About The Red Swan (Stockman) • Ricardo’s Vice and the Virtues of Industrial Diversity (Steve Keen) • Utilitarian Economics and the Corruption of Conservatism (Philip Pilkington) • ‘The Housing Industry Is In A Time Of Major Transformation’ (AFR) • Hard Brexit ‘Offers £135 Billion Annual Boost’ To UK Economy (BBC) • Donald Trump Finally Comes Out of the Closet

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Aug 192017
 
 August 19, 2017  Posted by at 10:00 am Finance Tagged with: , , , , , , , , ,  5 Responses »
Debt Rattle August 19 2017

Fred Stein Man in pushcart, New York 1944   • We’re Racing Towards Another Private Debt Crisis (Graeber) • China Moves To Curb Overseas Acquisitions As Firms’ Debt Levels Rise (G.) • Wells Fargo Troubles Shift From Phony Bank Accounts To Real Ones (R.) • Total Eclipse (Jim Kunstler) • A House Divided Against Itself Cannot Stand (Paul Craig Roberts) • The Truth Will Not Be Googled (Connelly) • Greek Pensioners Set For Another Blow (K.) • The Super Gangs

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Aug 182017
 
 August 18, 2017  Posted by at 8:53 am Finance Tagged with: , , , , , , , , ,  6 Responses »
Debt Rattle August 18 2017

Edward S. Curtis Slow Bull Dakota Sioux Medicine Man In Prayer 1907   • Never Doubt Regression To The Mean (Rosso) • The Stock Market Bubble is So Big Even the Fed’s Talking About It (Phoenix) • Ice-Nine: The Plan To Freeze The Financial System (Rickards) • Neoliberalism: The Idea That Changed The World (G.) • So When Will China’s Debt Bubble Finally Blow Up? (WS) • Charlene Chu Lays Out China’s “Doomsday” Scenario (ZH) • China’s New Problem: Frenzy

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Aug 172017
 
 August 17, 2017  Posted by at 9:02 am Finance Tagged with: , , , , , , ,  2 Responses »
Debt Rattle August 17 2017

Laura Gilpin The Rio Grande 1947   • The ‘Wall Of Worry’ That Stocks Have Climbed To Rally 271% Since 2009 (MW) • Global Negative-Yielding Debt Surges To Highest Since October (ZH) • The Fed Is Asking Questions, Not Providing Answers (BBG) • Fed Starts to Wonder If Cornerstone Inflation Model Still Works (BBG) • Goldman Sachs Is Infiltrating The Fed In Ways Most People Haven’t Noticed (BI) • Chinese Takeovers Of US Companies Plummet This Year (CNBC) • The

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Aug 162017
 
 August 16, 2017  Posted by at 8:57 am Finance Tagged with: , , , , , , , , , ,  2 Responses »
Debt Rattle August 16 2017

Fred Stein Hydrant, New York 1947   • The Greatest Crisis In World History Is About To Be Unleashed (von Greyerz) • After 100 Months of Buying The Dips – Peak Crazy (Stockman) • China Has Got To Fix Its Debt Problem, IMF Says (CNBC) • China Money Supply Growth Slips Again as Leverage Crunch Goes On (BBG) • UK Risks ‘Losing Its Place As Property-Owning Democracy’ • The New American Dream: Rent Your Home From A Hedge Fund (Black)

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Aug 152017
 
 August 15, 2017  Posted by at 12:53 pm Finance Tagged with: , , , , , , ,  5 Responses »
Rogoff, Orwell and Kafka

Salvador Dali Madrid. Drunk man 1922   Harvard professor and chess grandmaster Kenneth Rogoff has said some pretty out there stuff before, in his role as self-appointed crusader against cash, but apparently he’s not done yet. In fact, he might just be getting started. This time around he sounds like a crossover between George Orwell and Franz Kafka, with a serving of ‘theater of the absurd’ on top. Rogoff wants to give central banks total control over your lives. They

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Aug 152017
 
 August 15, 2017  Posted by at 8:42 am Finance Tagged with: , , , , , , , , , ,  3 Responses »
Debt Rattle August 15 2017

Stanley Kubrick Walking the streets of New York 1946   • Prepare For Negative Interest Rates In The Next Recession – Rogoff (Tel.) • We’re Still Not Ready for the Next Banking Crisis (BBG) • World’s Biggest Banks Face £264 Billion Bill For Poor Conduct (G.) • US Stock Buybacks Are Plunging (BBG) • Consumer Spending Expectations Down Again (Mish) • Dow 30,000, Not If Demographics Have Anything To Say (SA) • Ten Years After The Crash, There’s Barely Suppressed

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Aug 142017
 
Debt Rattle August 14 2017

August Strindberg Alpine Landscape I 1894   • Multiple Contraction : Stock Market Warning Siren is Blaring (WS) • Is The Euro Crisis Really Over? (Lacalle) • US Is The Real Trade Protectionist – China State Media (CNBC) • Fourth Turning: “It’s Going To Be A Rollercoaster Ride” (ZH) • Conspiracy or Chaos? (Jim Quinn) • Forget GDP – There’s More To Britain’s Wealth Than Its Bank Balance (Baggini) • Factory Farming, Antibiotics Use In Asia Creating Global Health Risks

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Aug 132017
 
 August 13, 2017  Posted by at 9:20 am Finance Tagged with: , , , , , , , , ,  3 Responses »
Debt Rattle August 13 2017

Vincent van Gogh Still life with bible 1885   • China Takes On State-Owned Firms (Balding) • Trump Warns Xi: Trade War With China Begins Monday (ZH) • The Actual Terrorists (PCR) • How Money Launderers Used Commonwealth Bank of Australia (CNBC) • The Euro Area Is Due for a Reboot. Here’s What Is Being Proposed • Italy’s Midsummer Dream: Shaking Off Sick Man of Europe Label (BBG) • Greece Seen Needing Credit Line To Exit Program (K.) • Stop

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