Sep 302017
 
 September 30, 2017  Posted by at 8:45 am Finance Tagged with: , , , , , , , ,  
Debt Rattle September 30 2017

FacebookGoogle+TwitterLinkedinemail Vincent van Gogh Boulevard de Clichy, Paris 1887   • Trump’s 1,500-word Airball (Stockman) • Puerto Rico Supply Failure Stops Food, Water Reaching Desperate Residents (G.) • Abenomics: Bat-Shit-Crazy (Muir) • Congress Can Give Every American A Pony (Kelton) • Homeowners Face Double Whammy Of Interest Rates And Slumped Market (Ind.) • ECB Wants to Weed Out Smaller Banks to Cut Competition (DQ) • VW’s Dieselgate Bill Hits $30 Billion After Another Charge (R.) • Could Ryanair’s ‘Pilotgate’ Spell

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Sep 292017
 
 September 29, 2017  Posted by at 9:10 am Finance Tagged with: , , , , , , , ,  Comments Off on Debt Rattle September 29 2017
Debt Rattle September 29 2017

FacebookGoogle+TwitterLinkedinemail Pablo Picasso Weeping woman 1937   • US Inequality Near Historic Highs, Wages Stagnant (BI) • UBS Indentifies 8 Cities With Biggest Housing Bubbles (ZH) • Chinese Money Is Still Leaking Into the World’s Housing Markets (BBG) • China’s Bitcoin Market Alive And Well As Traders Defy Crackdown (R.) • China Orders North Korean Companies Active In The Country To Shut Down (BBG) • The Closing Of The Catalan Polling Stations (EI) • French Vineyards Robbed Of Seven Tonnes

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Sep 282017
 
 September 28, 2017  Posted by at 1:52 pm Finance Tagged with: , , , , , , ,  
The Koyaanisqatsi Economy

FacebookGoogle+TwitterLinkedinemail Koyaanisqatsi   The film Koyaanisqatsi was released in 1982. The title means ‘life out of balance’ in the language of the Hopi, a Native American tribe who live(d) mainly in what is now north-east Arizona. It is directed by Godfrey Reggio with music by Philip Glass and cinematography by Ron Fricke. There are no actors, and no dialogue. Philip Glass’s music underlies a series of film fragments that contrast the beauty of American nature with the noise and pollution

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Sep 282017
 
 September 28, 2017  Posted by at 8:38 am Finance Tagged with: , , , , , , , , ,  
Debt Rattle September 28 2017

FacebookGoogle+TwitterLinkedinemail Juan Gris Man in the café 1912   • The Illusion of Prosperity (Lebowitz) • Trump Tax Plan Economic Outcomes Likely Disappointing (Roberts) • The Top 1% Of Americans Now Control 38% Of The Wealth (CNBC) • This Chart Defines the 21st Century Economy (CHS) • China’s Traders Have an Excuse to Take the Rest of Year Off • China’s Mortgage Debt Bubble Raises Spectre Of 2007 US Crisis (SCMP) • Debt Boom In India And China Threatens New

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Sep 272017
 
 September 27, 2017  Posted by at 1:31 pm Finance Tagged with: , , , , , , , ,  
Why Doesn't Janet Yellen Resign?

FacebookGoogle+TwitterLinkedinemail Fan Ho Construction 1952   You would think, certainly if you were as naive and innocent as I am, that when you get offered the job of Chair of the Federal Reserve, you must be sure, before accepting, that you have the credentials and the knowledge required. If you don’t, it looks as if you don’t take the job seriously. Janet Yellen, who’s been Chair since January 2014, doesn’t seem to agree. In a speech Tuesday for the National

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Sep 272017
 
 September 27, 2017  Posted by at 8:46 am Finance Tagged with: , , , , , , , ,  
Debt Rattle September 27 2017

FacebookGoogle+TwitterLinkedinemail Edward Hopper Night windows 1928   • Yellen Concedes Inflation Models Could Be Off “In Some Fundamental Way” (BBG) • Fed’s Beautiful Model in Pictures (Mish) • The Law Strangling Puerto Rico (NYT) • US Housing Market “Unhealthy And Mismatched With Today’s Buyers” (CNBC) • Home Prices, Sales In Beijing Are Falling Fast (BI) • China Still Stocking Up On Metals And Credit – Beige Book (CNBC) • China Tells Entrepreneurs They Must Put Patriotism Over Profit (BBG) •

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Sep 262017
 
 September 26, 2017  Posted by at 1:21 pm Finance Tagged with: , , , , , , , , ,  
Left Behind

FacebookGoogle+TwitterLinkedinemail Fan Ho The Evening of Life 1963   “Forget Germany, Spain Is The Real Problem”, reads a headline. Eh… no. Germany is definitely the problem in Europe. Spain is a bit player. That doesn’t mean nothing major could happen in Spain in its fight with Catalonia, and soon, but Spain, like all EU nations, is a de facto province of Germany. What matters in the end is how Brussels and Merkel deal with Spain. And while it’s tempting to

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Sep 262017
 
 September 26, 2017  Posted by at 8:33 am Finance Tagged with: , , , , , , , , ,  
Debt Rattle September 26 2017

FacebookGoogle+TwitterLinkedinemail Paul Cézanne Curtains 1885   • Lenders Loosen Mortgage Standards as Demand Falls (WS) • Levered Loan Volumes Soar Past 2007 Levels As “Cov-Lite” Deals Surge (ZH) • China’s Crackdown Brings Developers Crashing Back to Earth (BBG) • The Next Crisis Will Start in Silicon Valley (BBG) • King Cash May Reign For Weeks In Storm-Ravaged Puerto Rico (BBG) • The White House as Donald Trump’s New Casino (Nomi Prins) • Large Parts Of America Are Being Left Behind

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Sep 252017
 
 September 25, 2017  Posted by at 9:19 am Finance Tagged with: , , , , , , , , ,  
Debt Rattle September 25 2017

FacebookGoogle+TwitterLinkedinemail Pablo Picasso Portrait of the artist’s mother 1896   • Colin Kaepernick Has Won: He Wanted A Conversation And Trump Started It (G.) • The World Can’t Stop Borrowing Dollars (BBG) • What’s Around The Corner For The Hottest Emerging Markets (BBG) • China Plans Closer Oversight of $304 Billion in State Company Funds (BBG) • China’s Yuan Is Anything But Stable as Party Congress Approaches (BBG) • US Households Are Loaded Up With Stocks (Lyons) • Merkel Lands

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Sep 242017
 
 September 24, 2017  Posted by at 6:41 pm Finance Tagged with: , , , , , , , , , , ,  
Patriotism, Flags and Referendums

FacebookGoogle+TwitterLinkedinemail Robert Frank London 1952-53   ‘Tis the jolly time of elections, referendums, flags and other democracy-related issues. They are all linked in some way or another, even if that’s not always obvious. Elections, in New Zealand and Germany this weekend, referendums in Catalonia and Kurdistan the coming week, a looming Party Congress in China, quarrels about a flag in the US and then there’s always Brexit. About China: the Congress is only in October, Xi Jinping looks sure to

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