Jul 242017
 
 July 24, 2017  Posted by at 8:40 am Finance Tagged with: , , , , , , , , ,  No Responses »
Debt Rattle July 24 2017

Jackson Pollock The She Wolf 1943   • We Are Now In The Frightening Endgame (Egon von Greyerz) • China’s Dollar Debt Specter Haunts Fed’s Policy Meetings (R.) • Federal Reserve Faces Prospect Of Global Monetary Policy Tightening (R.) • Bank of Japan Dot Plot Paints a Pessimistic Picture of Inflation (BBG) • European Banks Struggle To Solve Toxic Shipping Debt Problem (R.) • Saudi Economic Pain Will Test Resolve of Prince’s Reform Push (BBG) • While Hammond Looks For

Read More...
Jul 232017
 
Macbeth, King Lear and Trump

Ford Madox Brown King Lear and Cordelia c1851   Mea culpa. Yesterday I wrote Scaramouche, Scaramouche, will you do the Fandango?, and not long after publishing it, I figured I missed the target I was going for. Not 100%, and it’s not all bad, as people’s reactions have confirmed, but… The thing is, Trump’s nomination of Anthony Scaramucci as White House Communications Director was not the main point of my piece. Tempting, because everybody knows the Queen song, but not

Read More...
Jul 232017
 
Debt Rattle July 23 2017

Vincent van Gogh Women Picking Olives 1889   • Lock Them Up! (David Stockman) • This Recovery Isn’t All That Resilient (DDMB) • Is Productivity Growth Becoming Irrelevant? (Adair Turner) • EU Sounds Alarm, Urges US To Coordinate On Russia Sanctions (R.) • EU Will Hit Poland With Deadline To Reverse Curbs On Judicial Freedom (G.) • EU’s Car Regulator Warns Against Car Diesel Ban In Cities (R.) • 100 British Tenants A Day Lose Homes On Rising Rents And

Read More...
Jul 222017
 
 July 22, 2017  Posted by at 1:18 pm Finance Tagged with: , , , , , , ,  14 Responses »
Scaramouche, Scaramouche, will you do the Fandango?

Hieronymus Bosch Adoration of the Magic c1472   So sorry to see Sean Spicer go, even if I never watch TV, so I only got snippets of his acting performances -and Melissa McCarthy’s. One of the very few SNL and other ‘comedy’ shows skids that was actually funny, in the same way that very few of the New York Times and Washington Post ‘articles’ on Trump have been actually news. As I wrote to a friend earlier today, sure Spicer’s

Read More...
Jul 222017
 
 July 22, 2017  Posted by at 8:34 am Finance Tagged with: , , , , , , , , , , ,  No Responses »
Debt Rattle July 22 2017

Jackson Pollock Pasiphae 1943   • House of Cards (Paul Craig Roberts) • Deeply Flawed Western Economic Models Undermine Worst Recovery In History (CNBC) • Short Sellers Give Up as Stocks Run to New Records (WSJ) • Greed Is No Longer Good – Bond Boom Comes To An End (G.) • The Media’s War On Trump Is Destined To Fail. Why Can’t It See That? (Frank) • Goldman Sachs Boss Urges Long Brexit Transition. Is Anyone Listening? (Ind.) • US

Read More...
Jul 212017
 
 July 21, 2017  Posted by at 8:58 am Finance Tagged with: , , , , , , , , , ,  1 Response »
Debt Rattle July 21 2017

Francis Bacon Three Studies of Lucian Freud 1969   • European Central Bank Sticks To Low Rate Monetary Policy (R.) • Bill Gross Is Worried Central Banks Will Lead The World Into Recession (CNBC) • EU Threatens Poland With ‘Nuclear Option’ Over Supreme Court Control (Ind.) • Germany Steps Up Economic Pressure On Turkey In Rights Row (R.) • Britain Hasn’t Been This Risky in 40 Years (BBG) • Concorde Was The Flying Brexit (G.) • Why The Moaning? If

Read More...
Jul 202017
 
Debt Rattle July 20 2017

Margaret Bourke-White Breadline, Kentucky 1937   • Trump Ends CIA Arms Support For Anti-Assad Syria Rebels (R.) • Did the City of London Just Press the Panic Button on Brexit? • Single Payer Is The Only Real Answer, Says Medicare Architect (IC) • Deutsche Bank Expects Subpoenas Over Trump-Russia Investigation (G.) • Asia’s Coal-Fired Power Boom ‘Bankrolled By Foreign Governments And Banks’ (G.) • When Does a Home Become a Prison? (FAFC) • Saudi-Led Bloc Drops List Of Demands For

Read More...
Jul 192017
 
 July 19, 2017  Posted by at 8:47 am Finance Tagged with: , , , , , , , , ,  5 Responses »
Debt Rattle July 19 2017

US photographer Margaret Bourke-White on top of the Chrysler Building, NYC 1931   • America Makes China Great Again – People’s Daily (CNBC) • Pentagon Report Declares US Empire ‘Collapsing’ (Nafeez Ahmed) • A Government Can Always Afford High-Quality Health Care Provision (BIlbo) • US Dollar Will Rebound In The Second Half Of 2017 – JPMorgan (CNBC) • Foreigners Snap Up Record Number Of US Homes (CNBC) • Big Australian Banks Told To Hold More Capital, On Notice Over Mortgages

Read More...
Jul 182017
 
 July 18, 2017  Posted by at 1:03 pm Finance Tagged with: , , , , , , ,  11 Responses »
I read the news today, oh boy

Hieronymus Bosch Ascent of the Blessed c1510   Reading the news on America should scare everyone, and every day, but it doesn’t. We’re immune, largely. Take this morning. The US Republican party can’t get its healthcare plan through the Senate. And they apparently don’t want to be seen working with the Democrats on a plan either. Or is that the other way around? You’d think if these people realize they were elected to represent the interests of their voters, they

Read More...
Jul 182017
 
Debt Rattle July 18 2017

Piet Mondriaan The Flowering Apple Tree 1912   • US Senate Will Vote To Repeal Obamacare Without Replacement (G.) • There Has Been Just One Buyer Of Stocks Since The Financial Crisis (ZH) • People Buy Payments – Not Houses (Roberts) • Student Debt Is a Major Reason Millennials Aren’t Buying Homes (BBG) • US Student Loans Worth Billions Are Getting Erased On A Technicality (ZH) • UK Students Should Not Try To Pay Off Loans Early (G.) • Fears

Read More...