Daily Archives: October 23, 2014

Wealth gap flashing recession warning

The present spike of wealth (asset values) above income coincides with similar tops in 1929, 2000 and 2007. Here is a direct video link. This chart from the Inequality for all, documentary, also shows peaks in the top 1% of … Continue reading

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The financial engineering market

Worthwhile article by Jared Dillian, courtesy of Mauldin Economics today: “Ten years ago, during the housing boom, the consumer was the most leveraged entity, taking out negative amortization mortgages, cashing out home equity, things like that. The consumer got a … Continue reading

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El Erian: market sell off driven by weak fundamentals and too high prices

Mohamed El-Erian talks about why the stock market has become so volatile and why the Fed will exit QE and try to rely on forward guidance. Here is a direct video link.

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Government approval ratings at recessionary lows

QE has done nothing to help the real economy or real workers, statements to the contrary are propaganda from its sponsors. The good news is that the power to recover meaningful financial strength and balance lies not with governments or … Continue reading

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Jim Rogers on preserving capital in the era of “crazy” central bankers

Why Jim Rogers owns dollars printed by “crazy” fed bankers.  Here is a direct video link.

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60 Minutes: Saving Italy’s history

As the government struggles to maintain the country’s historic ruins and monuments, Morley Safer discovers it’s become fashionable to help. Here is a direct video link. (If you can stand the Viagra adverts!)

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