Wed 2009-02-11 00:00 EST
naked capitalism: Chinese Unemployment Jumps, May Hit 30 Year High
Chinese Unemployment Jumps; Hit 30 Year High; naked capitalism.
years Topic in The Credit Debacle Catalog
Fri 2009-01-16 00:00 EST
CHINESE CHECKMATE << Culture of Life News
``There is a game of chicken developing here: both China and Japan hold more than $1.5 trillion in US paper and whoever drops it off the cliff first, will beat the one who hesitates...Will they do it? I would think so! This will probably happen after Saudi Arabia falls to revolutionaries...It is the focal point of all of bin Ladens works and dreams. And it will happen if oil drops below $30 a barrel.'' ``Store shelfs are packed with goods. But let that not fool us! These are the detritus from deals made at least a year ago if not longer. There is nothing in the pipeline. Once the shelves are cleared of goods, there will be few replacements.'' ``The US and EU refused to police our bankers and brokers. So the Communist Chinese will do this for us. No one will bank with the West. They will bank with China if China has good controls...And our money will have Mao grinning at us. We deserve this.''
Thu 2009-01-15 00:00 EST
The Institutional Risk Analyst: On the Prime Solution: Interview with Eric Hovde
The Prime Solution: Interview with Eric Hovde, by The Institutional Risk Analyst (IRA); ``he manifest statist, anti-market tendencies of Ben Bernanke and Tim Geithner should disqualify both of these men from future roles in the economic rebuilding effort''; FICO demise predicted; ``There isn't going to be any [real estate] development in New York once the current projects are complete. Nothing.''; Bear, AIG should all have been put into bankruptcy; ``the same economic team that lit this fuse and let this fuse go 12 years ago is now about to come back into power...It is stunning to me that we are not seeing a wholesale switch-out of these Goldman Sachs participants or their protégés''
Eric Hovde; Institutional Risk Analyst; interview; Prime Solution.
Thu 2009-01-15 00:00 EST
naked capitalism: Guest Post: "If You Can't Tell Who The Sucker Is...."
by Cassandra Does Tokyo; normalcy; ``what we've seen in leverage and credit growth during the past 15 years is NOT normal, nor is it sustainable - neither relative to history or in absolute terms.''
Fri 2008-12-12 00:00 EST
Mish's Global Economic Trend Analysis: Housing Update - How Far To The Bottom?
``another 3-5 years before housing bottoms in the US''
Bottom; house Update; Mish's Global Economic Trend Analysis.
Sun 2008-11-23 00:00 EST
Winter (Economic & Market) Watch >> Everybody is a Keynesian Now
Winter (Economic & Market) Watch >> Everybody is a Keynesian Now; ``starting to entertain the notion that something is not quite adding up here. Just as early this year during the Mad Max economic phase, the talking heads and experts were overestimating economic strength, today they are underestimating it.''
Sun 2008-11-23 00:00 EST
Calculated Risk: FDIC: Two More Bank Failures Numbers 18 and 19 this year
Sun 2008-11-23 00:00 EST
Mish's Global Economic Trend Analysis: CPI and CS-CPI vs. Fed Funds Rate
``By ignoring housing prices, the CPI massively understated inflation for years. The CPI is massively overstating inflation now.''
CPI; CS-CPI; Fed Fund Rates; Mish's Global Economic Trend Analysis.
Fri 2008-11-07 00:00 EST
naked capitalism: Renminbi to Fall Next Year?
Fri 2008-11-07 00:00 EST
naked capitalism: New Mortgage Recue Proposal to Kick Can Down the Road a Few Years
kick; naked capitalism; New Mortgage Recue Proposal; Road; years.
Mon 2008-11-03 00:00 EST
Guest Commentary
The Credit Crisis Endgame, by Paul Amery (PrudentBear); ``the cost of insuring against a US government default has risen by 25 times in little over a year''; ``Signs of strain in the US Treasury market are already there...poor bid-to-cover ratios, and long tails''; Reinhart, Rogoff "Forgotten History of Domestic Debt"
Sat 2008-11-01 00:00 EDT
Jesse's Café Américain: Pssssst - Here's a Tip for You
Jesse's Café Américain: Pssssst - Here's a Tip for You; ``Five Year TIP Yields have crossed up and over the conventional Five Year Treasury Yields for the first time''
Sun 2008-10-26 00:00 EDT
Joe Bageant: Moving to the Center of Elite Consensus
by "the masked political consultant"; ``what "Moving to the Center," means is: moving towards power and money''; ``What voters are expected to believe is that after a 30-year class war against the bottom 90% of income earners, the source of their troubles are black rappers and inner city fathers and not criminality on Wall Street or a corrupt political system.''; 2008-08-27