zero hedge Thu 2009-12-31 11:52 EST

Shadowstats' John Williams: Prepare For The Hyperinflationary Great Depression

John Williams, who runs the popular counter government data manipulation site Shadowstats, has thrown down the gauntlet to deflationists, and in an extensive report concludes that the probability of a hyperinflationary episode in America over the next year has reached critical levels. While the debate between deflationists and (hyper)inflationists has been a long and painful one, numerous events set off in motion by the Bernanke Fed (as a direct legacy of the Greenspan multi-decade period of cheap and boundless credit) may have well cast America as the unwilling protagonist in the sequel of the failed monetary policy economic experiment better known as Zimbabwe.

Hyperinflationary Great Depression; John Williams; prepared; ShadowStats; Zero Hedge.

Bruce Krasting Fri 2009-09-04 18:29 EDT

FHFA Report on Restructurings -- Everything is Going Fine

Bruce Krasting

The FHFA released a report on their refinancing activity for the year to date. As usual it was cast in glowing terms. It is clear that FHFA is doing something. In my view that `something' is consistently the wrong thing...No private lender in their right mind would make a 125% loan. These are just losses to be. The FHFA is perpetuating the cycle of default. They are making things worse, not better...No single entity should have this much exposure to the credit market. It defines systemic risk.

Bruce Krasting; FHFA reported; going fine; restructuring.

Thu 2007-11-01 00:00 EDT

blackagendareport.com

- The Handwriting is On the Wall: It's a Clinton-Obama Ticket in 08, by Bruce Dixon; "For Democratic and Republican wings of America's permanent ruling party, the all-important selection which precedes the election isn't about poll numbers, votes or the citizens that cast them. It's about winning the favor of military contractors, the banking and financial sectors and Big Oil. It's about reassuring insurance and pharmaceutical companies, cozying up to agribusiness, the cable and telecom monopolies, allaying the fears of chambers of commerce, and wooing Hollywood."

blackagendareport; com.