Think Stanley Druckenmiller, John Paulson and Ray Dalio.
Archive | Dog Bone Blog
A Crisis Worse Than ISIS? Bail-Ins Begin – Ellen Brown Web of Debt Blog December 29, 2015
Bank bail-ins are underway in Italy. Read about what this means for your bank and your money.
The Number of Young Adults Living with their Parents Has Never Been Higher – Tyler Durden ZEROHEDGE December 25, 2015
This is another sign of “Japanification” of the economy. Japan’s problems in this regard remain ongoing.
Even if the global warming scare were a hoax we would still need it – Andrew Evans-Pritchard The Telegraph December 17, 2015
The Chinese Academy, the Politburo and President Xi Jinping accept the hypothesis of man-made global warming so whether or not the rest of us accept it is irrelevant. This political fact, writes Andrew Evans-Pritchard, is tectonic for the global fossil industry and the economics of energy. Not to mention how this places China squarely in […]
Commodity Losses – Alasdair Macleod Finance and Economics December 17, 2015
The Fed has very little room for manoeuvre because of the dollar debt bubble ($200 trillion equivalent) that threatens to implode and is exacerbated by low commodity prices,. Meanwhile, US monetary policy is effectively being controlled by China through the foreign exchange markets. These two issues have forced the Fed into the role of a […]
US Congress to Pass IMF Reforms Raising Status of Russia and China – Radio Free Europe December 17, 2015
Another sign of their growing influence in institutional arrangements.
Professor Fekete About Gold and the Debt Society – Claudio Grass Global Gold Audio Report December 17, 2015
In the 1980’s Antal Fekete, a gold scholar and professor emeritus at Memorial University who is knowledgeable about Kondratieff long wave theory, joined the staff of a California congressman to work on a plan proposing monetary and fiscal reform to the Administration of George Bush Sr. This involved the refinancing of the entire debt of […]
Big mortgages, static incomes fuel Bank of Canada’s housing crash fears – Barry McKenna and Tamsin McMahon Globe and Mail December 15, 2015
While Canadians are piling on mortgage debt faster than their incomes are rising, a strong underwriting culture and policies that curb lending means fewer risks in the system than those that existed in the sub-prime era in the US. Low commodity prices will affect some regions and industries adversely but, overall, the Bank of Canada […]
Third Avenue could be the event that finally explodes the post crisis asset bubble – Jeremy Warner The Telegraph December 15, 2015
The collapse of the Third Avenue Focused Credit Fund is reminiscent of the collapse in the summer of 2007 of two large Bear Stearns hedge funds. Did we learn nothing from the greatest financial crisis in history, and by treating its symptoms with vast quantities of central bank money printing, did we not merely set […]
China Adds Most Gold in November in 5 Months as Prices Slump – Ranjeetha Packiam Bloomberg News December 7, 2015
From an email exchange about this article between John Budden and Dean LeBaron on December 7: Budden: The Chinese are amazing. They are taking their time to put all the currency pieces in place. The Pound Sterling was the currency of the 1800’s, the U.S. Dollar took over in the 1900’s and now in the […]