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Monthly Archives: October 2012
Why the commodities boom likely peaked with the credit bubble
Societe Generale’s Dylan Grice is is sticking to his statement that Australia is “a credit bubble built on a commodity market built on an even bigger Chinese credit bubble.” In this clip he explains why he is concerned about the … Continue reading
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The self-destruction of the 1%
The history of humans has some constant themes. An excellent Op-ed in the NY Times this weekend reminds us of how the seeds of economic and social misery have always been sown in the inclination of the haves to pull … Continue reading
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Shiller: too soon to expect a housing turnaround
Yale economist Robert Shiller says long-term low interest rates alone won’t be able to “fix” the nation’s housing slump and might even hurt demand. Here is a direct link.
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