The IRA Analyst Tue 2009-06-16 00:00 EDT
``This zombie dance party ain't over. No sir.'' Michael Pento: ``Bernanke will be hard-pressed to substantially raise rates to combat inflation once consumer and wholesale prices begin to significantly increase.''
Bernanke's Permanently Expanded Balance Sheet; Institutional Risk Analyst; IRA Analyst; Pento; Zombie Update.
Thu 2009-05-07 00:00 EDT
first quarter wage growth slowed below inflation rate, reducing consumer purchasing power
Fri 2009-01-16 00:00 EST
China's inflation-free route from crisis, by Henry C. K. Liu; ``China produces from plants financed by foreign investment that operate with low domestic wages for foreign markets that pay with dollars that cannot be used in the domestic economy...China must finance plants with sovereign credit to produce for the domestic market where consumer purchasing power will come from high wages, with sovereign credit repaid from increased tax revenue from a vibrant domestic economy.''
Asia Times Online; China Business News; China News; Hong Kong; TAIWAN.
Fri 2008-12-12 00:00 EST
AlterNet: Noam Chomsky: Is There Truth in Obama's Advertising? ``what's happened to the country...is that there was extensive and very constructive activism in the 1960s...And the activism did civilize the country''; Tom Ferguson's investment theory of politics; Brand Obama; ``The goal of advertising is to create uninformed consumers who will make irrational choices...And when they turn to selling a candidate they do the same thing...So you undermine democracy pretty much the same way you undermine markets.''
Sun 2008-08-24 00:00 EDT
The Great Consumer Crash of 2009, by James Quinn (Prudent Bear); ``the tremendous prosperity that began during the Reagan years of the early 1980s has been a false prosperity built upon easy credit''; ``We have outsourced our savings to the emerging economies, along with our manufacturing jobs.'' ``the gathering storm has arrived. It will be long, painful and destructive.''
Mon 2008-06-30 00:00 EDT
"We are in this mess because consumers and the government were both spending more money than they have, year in and year out, racking up debts well beyond their ability to finance them."
Mish's Global Economic Trend Analysis; Shiller's Keynesian Claptrap.
Mon 2008-06-30 00:00 EDT
Thomas Friedman accidentally tells truth: "Since President Bush came to office, our national savings have gone from 6 percent of gross domestic product to 1 percent, and consumer debt has climbed from $8 trillion to $14 trillion."
Mon 2008-04-21 00:00 EDT
Hussman Funds - Consumer Spending Break-Down, by William Hester : April 2008
Thu 2007-09-27 00:00 EDT
comparison to FICO, consumer credit scores; lenders seen "going out of their way to make sure those reports didn't tell the whole picture"
Wed 2007-05-09 00:00 EDT
The Foundation For Taxpayer & Consumer Rights (FTCR): New Gasoline Study Shows Profits, Not Crude Oil Prices Or Ethanol, Are Driving Pump Price Spike
