Dec 132018
 
 December 13, 2018  Posted by at 10:36 am Finance Tagged with: , , , , , , , , , , , , , ,  4 Responses »
Debt Rattle December 13 2018

René Magritte After the water, the clouds 1926   • ‘Her Goose Is Cooked’ (G.) • Tory Resentment Of Irish Power Within EU (BBC) • Cohen Gets 3 Years, Says He Will Reveal All He Knows About Trump (Ind.) • Yellen, Fed Fear Corporate Debt Bubble, Investors Don’t (CNBC) • US Bank Stocks Spiral Down (WS) • ECB Worries Multiply Even As Money-Printing Presses Stop (R.) • ECB Caught Between Economic Risks And QE Exit (CNBC) • French Government To

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Dec 122018
 
Debt Rattle December 12 2018

Joseph Mallord William Turner Sunrise over Plain, with Figures 1830   • Tory MPs Trigger Vote Of No Confidence In Theresa May Today (G.) • 1000s Remain In Custody In France After Preventive Arrests (RT) • Macron’s Multi-Billion Giveaways Could Cost France Dearly (CNBC) • Yellen Warns Of Another Financial Crisis: Gigantic Holes In The System (CNBC) • IMF Warns Storm Clouds Are Gathering For Next Financial Crisis (G.) • Trump Says Fed Shouldn’t Hike Rates, But Calls Powell ‘A

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Dec 112018
 
 December 11, 2018  Posted by at 8:45 pm Primers Tagged with: , , , , , , , , , , ,  4 Responses »
Politics and Economics in Times of Crisis

Wilhelm Trübner A Gorgon‘s head 1891   The news still isn’t the news, and I’m getting afraid it never will be again, because not the news just simply sells so much better than plain old real events. Maria Butina suddenly popped back into the public eye, because she was either charged with something or confessed to it. And I’m thinking, excuse me, but that poor girl has been kept in isolation for how long now? And for what reason exactly?

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Dec 112018
 
 December 11, 2018  Posted by at 10:44 am Finance Tagged with: , , , , , , , , , , , , ,  4 Responses »
Debt Rattle December 11 2018

Arnold Böcklin The Isle of the Dead III 1883   • Jerome Powell Is Between A Rock And A Hard Place (Nomi Prins) • Macron Bows To Protesters’ Demands: “I Know I Have Hurt Some Of You” (G.) • ‘Yellow Vests’ Denounce Macron Speech As ‘Charade’ (AFP) • Let’s Call The Whole Thing Off (Ind.) • Sturgeon Offers To Unite With Corbyn To Topple ‘Shambles’ Government (Ind.) • Pound Falls To Lowest In Almost Two Years Amid Brexit Uncertainty (G.)

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Dec 102018
 
Debt Rattle December 10 2018

Jerry Bywaters Oil Field Girls 1940   • Investors Managing $32 Trillion In Assets Call For Climate Change Action (R.) • BP, Chevron, ExxonMobil Face Shareholder Challenge Over Carbon Targets (G.) • Bear Market Is Here, Stocks To Plunge At Least 20% – Ned Davis Research (CNBC) • Everyone Is Bearish But No-One Is Short (ZH) • Senior Tory Vultures Circle With May On Brink (Ind.) • EU’s Top Court Says UK Can Unilaterally Stop Brexit (R.) • UK Government

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Dec 092018
 
 December 9, 2018  Posted by at 10:31 am Finance Tagged with: , , , , , , , , , , , ,  7 Responses »
Debt Rattle December 9 2018

Edouard Manet Berthe Morisot with a bouquet of violets 1872   • Incoming House Judiciary Chair Planning To End Probe Into FBI, DOJ (ZH) • France Is The New Tax Hell In Europe And Beyond (RT) • Paris Under Siege As Gilets Jaunes Open ‘Act IV’ – 4th Weekend Of Protest (O.) • No Hope Of Success And No Plan B – But Theresa May Won’t Blink (O.) • UK Cabinet Splits Over Second Referendum On Brexit Deal (G.) •

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Dec 082018
 
Fairytales and Snowflakes

Rembrandt van Rijn Bathsheba at her bath 1654 (see video at the bottom)   There are not many things that I’m allergic to. But there are some. Here’s a good example: bigotry. Behold, in the article quoted below, the danger of political correctness in all its glory. A 30-year old Christmas song, Fairytale of New York, it is claimed, must be censored or banned. For a reason I’ll explain, such things always make me think of Rembrandt’s painting “Bathsheba at

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Dec 082018
 
Debt Rattle December 8 2018

Getty Vigil in front of White House on the evening after Pearl Harbor attack Dec. 7 1941   • France Braced For ‘Ultra-Violent’ Protests (BBC) • S&P 500 Closes In An Official ‘Death Cross’ (CNBC) • A Death Cross For The S&P 500 Highlights A Stock Market In Tatters (MW) • Dow Down Over 500 Points, Wipes Out 2018 Gains In Wild Week On Wall Street (CNBC) • George H. W. Bush, Wimp (Matt Taibbi) • Five Eyes Against Huawei

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Dec 072018
 
Macron Heralds The End Of The Union

Paul Almasy Paris 1950   The concept of the EU might have worked, but still only might have, if a neverending economic boom could have been manufactured to guide it on its way. But there was never going to be such a boom. Or perhaps if the spoils that were available in boom times and bust had been spread out among nations rich and poor and citizens rich and poor a little more equally, that concept might still have carried

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Dec 072018
 
Debt Rattle December 7 2018

Claude Monet Camille on the Beach at Trouville 1870   • Russia Seeks To ‘Feed The Whole Planet’ – PM (RT) • Markets Are Going Haywire, Sudden Moves Are Here To Stay (CNBC) • Did The Market Miss Powell’s Real Message? (Roberts) • Fed’s QE Unwind Reaches $374 Billion (WS) • The Fed Finally Broke Something (Muir) • Oil Drops As OPEC Makes Supply Cut Dependent On Russia (CNBC) • Bitcoin Plunges 10% As December Rout Continues (CNBC) • France

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