Monthly Archives: August 2013

60 Minutes looks at China’s real estate bubble

China’s economy has become the second largest in the world, but its rapid growth may have created the largest housing bubble in history. Here is a direct video link. During the global consumer credit bubble from 2002-2007, China received an … Continue reading

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Ominous precedents to present market cycle

The market is showing signs of weakness, and similarities to previous market tumbles. Here is a direct video link. The first half of this clip is useful for its historical context. The latter half is the usual financial-tainment where hosts … Continue reading

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Fed’s Fisher: time to taper

Richard Fisher, president of the Dallas Federal Reserve, says the Fed needs to start tapering bond purchases in September. He says “there is need to dial back monetary accommodation in the system…you cannot expect the monetary authorities to do more … Continue reading

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