Daily Archives: June 6, 2013

“Ah ha moment” building

The consensus view tends to be thick and slow to acknowledge economic downturn. There is no doubt that the currency of Central Bank experiments over the past 3 years has bought the bulls additional room to run this cycle. But … Continue reading

Posted in Main Page | Comments Off on “Ah ha moment” building

Harmful financial habits die hard

“First boom, then bust, then more bad luck. That’s how analyst Meredith Whitney views those states that experienced the meteoric rise, then fall of their housing markets in the last decade, spending the extra tax revenue during the boom times … Continue reading

Posted in Main Page | Comments Off on Harmful financial habits die hard

Fracking hush money

The energy industry claims there’s no proof fracking hurts the environment, but it turns out they’ve made sure there’s no proof, by paying complainers in exchange for their silence. Here is a direct link.

Posted in Main Page | Comments Off on Fracking hush money

Who is buying US exports?

More perspective on slowing global demand and recent “strength” in US exports. Banking on continued demand from over-indebted, under-saved Canadians in the midst of a stagnant (and falling) housing market? Not to mention the fact that the Canadian dollar has … Continue reading

Posted in Main Page | Comments Off on Who is buying US exports?

Shipping in crisis: inside Germany’s ghost port

More postcards from the real economy: enormous global overcapacity is proving a formidable headwind to growth expectations. World trade has been falling since 2010 and the world is awash in overcapacity and oversupply: this is the same “huge misjudgment of … Continue reading

Posted in Main Page | Comments Off on Shipping in crisis: inside Germany’s ghost port