Fri 2009-01-16 00:00 EST
2008; 2009; Mish's Global Economic Trend Analysis; reflect; theme.
Fri 2009-01-16 00:00 EST
``Everybody seems to think that, thanks to the government's monetary and fiscal interventions, this recession will come nowhere near the 1930s slump. However, I think it might be far worse and precisely because of the interventions.''
Fri 2009-01-16 00:00 EST
Jesse's Café Américain: Merrill Lynch: The Wealthy Are Turning to Physical Gold for Safety
Jesse's Café Américain; Merrill Lynch; physical gold; Safety; turns; wealthy.
Fri 2009-01-16 00:00 EST
Jesse's Café Américain: Dancing on a Precipice: The Tenuous Balance in Global Finance; ``The dollar is a Ponzi scheme, the waters of debt are overflowing the dam of artificial support, and only a few countries, two of them somewhat unstable, are holding back the deluge.''
dance; Global Finance; Jesse's Café Américain; precipice; Tenuous Balance.
Fri 2009-01-16 00:00 EST
Jesse's Café Américain: Bill Poole: The Fed is Now Expanding Its Balance Sheet by Printing Money
balance sheet; Bill Poole; expanded; Fed; Jesse's Café Américain; print money.
Fri 2009-01-16 00:00 EST
Jesse's Café Américain: Is the Comex Doing Fractional Reserve Delivery of Gold?
COMEX; Fractional Reserve Delivery; gold; Jesse's Café Américain.
Fri 2009-01-16 00:00 EST
``the glut of chips will continue unabated...values are falling fast''
Chipmakers Resort; chips; meaning; Mish's Global Economic Trend Analysis.
Fri 2009-01-16 00:00 EST
Jesse's Café Américain: Is China Losing Its Taste for US Debt?
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.
