The completion of the current BAAC Supercycle Winter – now in its 16th year, consistent with our original forecast – will complete the current K-Cycle, following which the extremely bullish Supercycle Spring of a new K-Cycle will begin. Our work indicates that in this next Spring, the Dow will reach 50,000 to 100,000 by 2030. […]
Archive | Dog Bone Blog
Google, Facebook, Amazon And Priceline Remain JPMorgan’s Best Internet Ideas – Manikandan Raman, Benzinga, March 7, 2016.
The Old Economy infotech era, led by the FANG (Facebook, Apple, Netflix and Google) continues its diffusionary path to an inflationary peak that could last until 2030. Now if only the Next New Economy could get underway … (See also DBP Chapter 9 “The Next New Economy” page 267) Some of these are also included […]
Central banks beat Bitcoin at own game with rival supercurrency -Andrew Evans-Pritchard The Telegraph March 13, 2016.
Ambrose Evans-Pritchard nails the next game-changer with this scoop on a proposed new digital crypto-currency, the RSCoin to be issued by the Bank of England. With greater scope than Bitcoin, the RSCoin would allow central banks to manage the money supply and erode the ability of commercials banks to create money under the fractional reserve […]
Gold is the only sound money – Alasdair Macleod Finance and Economics, March 11, 2016
There will be bedlam: The global energy crisis is only just beginning – Michael T. Klare, Salon March 9, 2016
“Resource Wars” author Michael T. Klare traces the painful economic recalibration of the end of the oil era as the price wars of attrition continue (see also Michael Klare quoted in DBP pages 76 and 157)
The Roots of Trump’s Strength – George Friedman Mauldin Economics March 7, 2016.
The Kondratieff Winter is a result of many factors, not least the failure of nations to maintain healthy balance sheets and nimble and adaptive work forces. These chickens are coming home to roost as the migrant crisis in Europe threatens to finish off what declining demographics and sovereign debt crises started. With the backlash underway […]
Debtor days are over as BIS calls time on world credit binge – Mehreen Khan, The Telegraph March 6, 2016.
The BIS warns of debt binge as global debt to gdp exceeds 200% (See also DBP Chapter Two “Consuming Too Much”page 45)
Art Berman Sees Oil Heading to $16, Will Lead to “Banking Bloodbath” – Tyler Durden, Zerohedge March 1, 2016.
Art Berman considers the recalibration of the oil industry, ongoing bankruptcies and how with$16 oil a possibility, bankruptcies among the banks lending to the producers could also go bankrupt. (For more Berman see DBP page 73)
Europe Without the Union – Mark Fleming-Williams Geopolitical Weekly Stratfor, March 1, 2016.
Geopolitical reconfiguration and political upheaval is typical of a Kondratieff Winter. Repeated Grexit scares and now the threat of a Brexit fuelled by the looming migrant crisis has stalled the EU project. Stratfor considers its end and how the individual countries will realign. Successful integration of the Benelux region since 1921 suggests this will continue, […]
Mervyn King: the eurozone is doomed – Szu Ping Chan The Telegraph February 28, 2016
Mervyn King: the eurozone is doomed – Szu Ping Chan The Telegraph February 28, 2016 Former Bank of England governor Lord Mervyn King’s newly published book warns that the eurozone is doomed to fail and will lurch from crisis to crisis unless it is broken up. Here is one of several excerpts from the book. […]