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Michael Lewis on the farce of this week’s “spoofing” arrest
This week’s “spoofing” arrest of a home-based trader in England accused of causing the May 2010 flash crash, insults the intelligence of anyone who pays even a passing attention to the rampant deceit and rigging so dominate in our much … Continue reading
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The Economist: world’s most over-valued housing in Canada
“The Economist tracks the health of housing in 26 markets around the world, encompassing a population of over 3 billion…The Economist’s housing index compares the path of house prices against two measures: rents and income. If house prices rapidly outpace … Continue reading
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April manufacturing data disappoints all around the world
We can thank modern globalization for synchronous downturns. But then again, who needs a real economy or growth anywhere when financial riggers have HFT, free money and government support and underwriting at their beck and call. See: We just got … Continue reading
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