Category Archives: Main Page

The demand wave has crested and no monetary tricks can reverse it

“A system that works powerfully in one direction can work just as powerfully in the other.” –Micheal Pettis, When do we decide that Europe must restructure much of its debt? In late 2010 the global recovery out of the 2009 … Continue reading →

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Must watch: CITIZENFOUR

Finally got around to watching this documentary on the weekend. I think everyone should. Complex issues but worthy of reflection. My take is that at this time of unprecedented technological surveillance ability, we need to carefully review where we wish … Continue reading →

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What’s (not) up with inflation?

Janet Yellen tried to sound confident yesterday that the US economy was strengthening and that the Fed would be able to exit crisis mode, and begin edging policy rates back up from (6 long years) near-zero within the next 6 … Continue reading →

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