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Monthly Archives: June 2015
Deflation in full vigor
With the Japanese Yen breaking its 30-year support of Y122/$ last week, the rest of the world’s exporters are under intense pressure to further weaken their own currency and/or lower prices to keep selling goods. The net effect unleashes the … Continue reading
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Public shaming of banksters and captured regulators must be relentless
Waivers from the SEC that have allowed big banks to plead guilty to massive frauds and continue to do business–never mind continue receiving preferential treatment, government contracts and Treasury support–are an outrage and an abomination to the rule of law … Continue reading
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Saudi energy minister: “Solar is an opportunity for everybody”
Status quo interests are so desperately trying to divert the world away from the obvious today. Thankfully, after the credit bubble, we can no longer afford to ignore the obvious. In an interview with Bloomberg TV in Vienna Saudi Arabia’s … Continue reading
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