Try to imagine a world in which today’s emerging markets have more economic power, and vastly more people, than today’s leaders.
February 8th, 2012 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "Great Depression"
“We are now near the end of the declining phase of the depression.”
But nobody welcomed the Great Correction. Except us. The others all pretended that it was a recession…even a Great Recession. They treated it like an invasion of cockroaches or a stopped up toilet. They thought they could get rid of it.
June 11th, 2010 | Bill Bonner | 4 comments | Continued
The Current Financial Bubble, 1982 – 201?
The growth of the current financial bubble is easily seen in the growth of the total debt, as a proportion of the size of the economy: simply track the ratio of total-debt to GDP.
June 9th, 2010 | Dr. David Evans | 2 comments | Continued
The Investment Secrets of T. Rowe Price
Price is most famous for founding the investment firm that bears his name. But he was a very successful investor in his own right. He was an advocate of buying obscure or out-of-favor growth stocks. In general, Price bought growth stocks only when they were cheap. He knew price paid was the most important consideration.
May 5th, 2010 | Chris Mayer | 0 comments | Continued
The Tax Window of Opportunity
Historical income tax rates reveal grim days ahead for US taxpayers. The federal income tax began innocently enough, in 1913, by imposing a 7 percent levy on the top bracket…
April 19th, 2010 | Vedran Vuk | 0 comments | Continued
Krugman and His Hoover History
Without technically lying, Krugman perpetuates the myth that Herbert Hoover insisted on budget austerity in the midst of the Great Depression.
March 26th, 2010 | Robert P. Murphy | 0 comments | Continued
Shadow Banking System: A Murky World of Credit, Securitisation and Derivatives
Most of these are interest rate and credit derivatives. As we learned in the last two years, the big risk here is to institutions which owe and own these obligations amongst one another. In our view, the degree of interconnectedness among these obligations (they still aren’t unwound) still makes the entire global financial system vulnerable…
March 10th, 2010 | Dan Denning | 14 comments | Continued
Debt Drugged
Governments and central banks have managed to engineer some more spin, but only at the expense of piling more debt on top of the already wobbling structure.
March 6th, 2010 | Nickolai Hubble | 2 comments | Continued
Federal Reserve Increases Rate at Which Banks Can Borrow From It
In a debt drugged, liquidity obsessed world, a change in interest rates can go from affecting profitability to affecting solvency very quickly. And it’s not just the banks that are high on cheap credit.
February 27th, 2010 | Nickolai Hubble | 0 comments | Continued
A Depression in Full Technicolor
As we’ve opined many times in the past, a depression is not just a time when people stand in line to get bowls of soup or sell apples on street corners. It’s a time of adjustment…when mistakes of the previous boom are corrected…
February 23rd, 2010 | Bill Bonner | 67 comments | Continued
Banks Could Face Serious Trouble from Losses on Residential and Commercial Real Estate
“For the North Atlantic economies,” Debelle concludes, “this was a big recession which, combined with large falls in both commercial and housing property prices, should result in large losses.” He goes on to point out that the government-guaranteed larger lenders might survive these larger losses. But smaller regional banks might not.
February 18th, 2010 | Dan Denning | 50 comments | Continued
Mainstream Economists Congratulate Themselves
There must be some dark corner of Hell warming up for modern, mainstream economists. They helped bring on the worst bubble ever…with their theories of efficient markets and modern portfolio management.
January 11th, 2010 | Bill Bonner | 0 comments | Continued
Power Begets Gold, then Gold Begets Power
As near as we can tell, gold is fairly priced. It will buy about as much as it would have bought 500 years ago…or 2,000 years ago, for that matter.
December 23rd, 2009 | Bill Bonner | 1 comment | Continued
Ratings Agencies Picking on the Greeks
That the Greeks are in trouble is hardly breaking news, of course… Heck, even those geniuses at the ratings agencies had time to figure it out!
December 10th, 2009 | Joel Bowman | 1 comment | Continued
UN Notes Food Production Must Increase by 70% by 2050
Almost all of this growth will occur in the emerging markets like China and India. And their populations will all be doing one thing, for sure – eating.
December 8th, 2009 | Chris Mayer | 3 comments | Continued
