Thursday, July 26, 2012

HOT: ECB’s Draghi: ECB Will Do What’s Needed To Preserve Euro

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Steroid starved financial markets suddenly found life from promises of more inflationism. From Bloomberg , European Central Bank Pre...

Quote of the Day: Austrian Economics and the Courage to say the Unpopular Thing

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The Austrian account of economic depression requires thinking on more than one level to arrive at the truth, whereas economists these d...

Deepening Information Age: In the US, Public Education is being Undermined by the Internet

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The internet seems on path to unravel 20th century welfare state institutions partly through the public education model. Professor Gary No...

The Coming Global Debt Default Binge: Japan’s Pension Fund Sells Japanese Government Bonds (JGB)

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The era of Japan’s low interest rates may be at an inflection point. From San Francisco Chronicle/Bloomberg , Japan’s public pension ...

The Deepening Gold Markets of Asia: Hong Kong Opens New Gold Storage

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Gold markets in Asia will get a huge boost from the opening of Hong Kong’s largest gold storage From Bloomberg , Hong Kong’s largest ...

War on Terror: Inflation of Security Bureaucracy and Spending

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Either terrorism has brought upon government paranoia or terrorism has been a product of foreign policies to justify the expansion security ...

Do We Need Central Banks?

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Tim Price at the Sovereign Man asks why the need for a central bank? (bold emphasis original) A typical if feeble answer is that we ne...
Wednesday, July 25, 2012

What the Political Rhetoric “You Didn't Get There on Your Own” Means

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When a politician preaches that “you didn't get there on your own” they may only be half right. That’s because our world operates on the...

US Social Mobility Hamstrung by Taxes and the Welfare State

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One principal reason to expect future default and high interest rate environment can be seen from the micro level. In the US, the repress...

The Coming Debt Default Binge: US Debt Surged $6,866,712,084,997.92 in 5 Years!

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The policy of record debt financed spending in the US continues… From CNSNews.com (hat tip Sovereign Man) By the end of the third qu...

Quote of the Day: Freedom and Prosperity are Inextricably Linked

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These places– Estonia and Lithuania in particular– are essentially devoid of natural resources. They’re tiny countries without oil or gol...
Tuesday, July 24, 2012

Tax Avoidance: U.S. Banks Spawn 10,000 Subsidiaries Worldwide

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Below is a great example of what is called as tax avoidance which Wikipedia.org defines as legal utilization of the tax regime to one...

Quote of the Day: Freedom is not Defined by Safety

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Freedom is not defined by safety. Freedom is defined by the ability of citizens to live without government interference. Government canno...

Brain Damage and Better Investment Decisions

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Jason Zweig in his latest article at the Wall Street Journal cites a study which suggests that people with brain damage are likely to make ...

Anonymous Libor Expert Explains on How the Fed has Destroyed LIBOR

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As explained by an anonymous Libor ‘trader’ expert, courtesy of the Business Insider , (bold emphasis added) LIBOR isn't really bas...

China’s Blossoming Peer to Peer Credit Industry

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More proof that markets abhor a vacuum. While we seem to be getting mixed signals about the real credit conditions in China , where I susp...

Strength of Singapore Stocks Largely Depends on the US Equity Markets

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The ASEAN 4 has been having an outstanding performance relative to the world. So as with ASEAN ‘developed’ economy Singapore. From Bloombe...

Prudent Investor Newsletters at Before It’s News

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Some of my articles have recently been cross-posted at the Finance section of Before It’s News, a people powered syndication platform. A...
Monday, July 23, 2012

Shoot the Messenger: Spain, Italy Ban Short Selling of Equities

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When markets expose on the errant ways of the political system, the mechanical reaction by politicians has always been to shoot the messeng...