Aug 262016
 
 August 26, 2016  Posted by at 9:17 am Finance Tagged with: , , , , , , , , ,  No Responses »
Debt Rattle August 26 2016

• Japan July Consumer Prices Post Biggest Annual Fall In 3 Years (R.) • Dollar Stores’ Admission: Half Of US Consumers Are In Dire Straits (ZH) • QE Infinity: Are We Heading Into The Unknown? (CNBC) • A Less Weird Time at Jackson Hole? (John Taylor) • There May Not Be Too Many Tricks Left For The ECB and Bank of England (BBG) • China’s Great Divide: A New Cultural Revolution? (CH Smith) • Backlash Against Chinese Investment Abroad Grows

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Aug 252016
 
 August 25, 2016  Posted by at 9:18 am Finance Tagged with: , , , , , , , , , , ,  7 Responses »
Debt Rattle August 25 2016

• ‘It’s Easier To Start A War Than To Forgive Debt’ (ET) • Mobius: Helicopter Money Will Be Japan’s Next Big Experiment, And Soon (BBG) • Central Bankers Eye Public Spending To Plug $1 Trillion Investment Gap (R.) • World Trade Falls for Second Quarter in a Row (WS) • Largest Oil Companies’ Debts Hit Record High (WSJ) • This is What’s Wrong with US Oil (WS) • Scotland North Sea Oil Revenues Collapse 97% (Ind.) • The Woman Who

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Aug 242016
 
 August 24, 2016  Posted by at 9:17 am Finance Tagged with: , , , , , , ,  5 Responses »
Debt Rattle August 24 2016

• British House-Buyers Dance With the Devil (BBG) • How America Accidentally Nationalised Its Mortgage Market (Economist) • Fed Going Out To Jackson Hole To Get Divorce From Markets (MW) • The Real Casualty Of Brexit: Reputations Of Economists Who Predicted Doom (MW) • Companies Must Sort Pension Black Holes Before Paying Out Dividends (Tel.) • Illinois Governor’s Office Warns Of Crippling Pension Payment Hike (R.) • Many Donors To Clinton Foundation Met With Her At State Department (AP) •

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Aug 232016
 
 August 23, 2016  Posted by at 9:04 am Finance Tagged with: , , , , , , , , , ,  No Responses »
Debt Rattle August 23 2016

• Emerging Market Debt Up 24% In 2015 To $18 Trillion (VW) • China Caught In ‘Dead Money’ Trap; PBOC Pleads For Fiscal Stimulus (AEP) • China’s Best-Performing Bank A ‘Mirage’ Of Shadow Lending (BBG) • More Than 1.5 Million UK Households In Extreme Debt (G.) • Monetary Policy Has Nationalized The Japan Stock Market (CNBC) • Bank of Japan’s Rush Into Stocks Raises Fears Of Market Distortions (R.) • Fed Admits $4 Trillion More In QE Needed In Case

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Aug 222016
 
 August 22, 2016  Posted by at 9:29 am Finance Tagged with: , , , , , , , , , , ,  4 Responses »
Debt Rattle August 22 2016

• Oil Falls As August Price Rally Seen Overblown, China Fuel Exports Soar (R.) • Less Than 5% Of Japan Inc. Think Abe’s Stimulus Will Boost The Economy (R.) • Grim Outlook for the Economy, Stocks: Stephanie Pomboy (Barron’s) • Citi Is About to Relive the 2008 Derivatives Nightmare (MM) • The Brexit Question That Nobody Asked (BBG) • China Is Grappling With Hidden Unemployment (BBG) • Australia’s Unprecedented Collapse In Business Investment, In One Chart (BI) • Australia Central

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Aug 212016
 
(Really) Alternative Banking Systems

  Our by now regular contributor Dr. Nelson Lebo III, the New Englander ‘lost’ in New Zealand, sent me another article, and it’s great (well, in my view). His title for the article may put some people on the wrong foot, but I think that’s alright. I’ve been to New Zealand a few times, and Nicole of course has even moved there, so I was aware of how poorly constructed many homes are -and often made of wood-, but I’d

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Aug 212016
 
 August 21, 2016  Posted by at 9:13 am Finance Tagged with: , , , , , , , , ,  10 Responses »
Debt Rattle August 21 2016

• Neo-Liberalism Has Had Its Day. So What Happens Next? (G.) • BOJ’s Kuroda Says Won’t Rule Out Deepening Negative Rate Cut (R.) • EU Officials Ignored Years of Emissions Evidence (Spiegel) • The Sound of Blairite Silence (Paul Mason) • 53% Of Clinton Foundation Donors Would Be Barred Under Proposed Rule (ZH) • Leaked Memo Proves Soros Ruled Ukraine In 2014 (Duran) • The Aleppo Poster Child (Paul Craig Roberts) • Refugees In Greek Camps Targeted By Mafia Gangs

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Aug 202016
 
 August 20, 2016  Posted by at 9:13 am Finance Tagged with: , , , , , , , , ,  1 Response »
Debt Rattle August 20 2016

• A Black Swan The Size Of World War I (IBT) • Canadian Debt Slaves Pile it on (WS) • Things Keep Getting Worse For EU Banks (CNBC) • Brexit Armageddon Was A Terrifying Vision – But It Simply Hasn’t Happened (G.) • Over 500,000 UK First-Time Buyers Let Down By ‘Help To Buy’ Scheme (Sun) • A Dairy Firm at the End of the Earth Is Trying to Rule the World (BBG) • Does Motorola Need To Go To

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Aug 192016
 
 August 19, 2016  Posted by at 2:25 pm Finance Tagged with: , , , , , , , , ,  9 Responses »
Steve Keen on Hardtalk

This is an absolute must see, and a joy to watch. Longtime friend of the Automatic Earth Steve Keen was on BBC’s Hardtalk over the weekend. I already really liked the 2.30min clip the BBC released earlier this week. Now Steve himself has posted the entire interview, while the BBC only has an audio podcast (for anyone outside the UK). You can see that Steve came prepared for some ‘hard’ questioning, and the format fits him very well. Kudo’s! Also,

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Aug 192016
 
 August 19, 2016  Posted by at 9:51 am Finance Tagged with: , , , , , , , , ,  2 Responses »
Debt Rattle August 19 2016

• Paul Singer: Market ‘Breakdown’ To Be ‘Sudden, Intense, And Large’ (CNBC) • Vancouver Housing Market Implodes: Average Price Plunges 20% In 1 Month (ZH) • UK’s £8.8 Trillion Wealth Owes Much to Housing (BBG) • Moody’s Lowers Outlook On Australia Banks To Negative (R.) • China’s Secret Lists of Zombie Borrowers Leave Banks in the Dark (BBG) • As China Shrinks, Mongolia Has an Epic Economic Meltdown (BBG) • Stiglitz: The Euro Is On Course To Fail (Economist) •

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