Guest Post: (Un)Paving Our Way To The Future

Submitted by James H. Kunstler via Peak Prosperity blog, You can’t overstate the baleful effects for Americans of living in the tortured landscapes and townscapes we created for ourselves in the past century. This fiasco of cartoon suburbia, overgro… [...]

Guest Post: The Fed Must Inflate

Submitted by Chris Martenson via The Ludwig von Mises Institute, The Fed is busy doing everything in its considerable power to get credit (that is, debt) growing again so that we can get back to what it considers to be “normal.” But the pro… [...]

Thanksgiving Food For Thought: The Misappropriation of Our Freedoms

Today, the ruling triumvirate consisting of the military-industrial complex, global bankers, and governments have misappropriated nearly every pillar of society from religion to politics, education, news media, banking & money, and the legal system… [...]

Howard Marks: "Markets Are Riskier Than At Any Time Since The Depths Of The 2008/9 Crisis"

In Feb 2007, Oaktree Capital's Howard Marks wrote 'The Race to the Bottom', providing a timely warning about the capital market behavior that ultimately led to the mortgage meltdown of 2007 and the crisis of 2008 as he worried about "c… [...]

Frontrunning: November 27

Winter storm lashes eastern U.S., threatens Thanksgiving travel (Reuters) Fed Reveals New Concerns About Long-Term U.S. Slowdown (BBG) Private equity keeps $789bn of powder dry (FT) – because they are “selling everything that is not nailed down” Merke… [...]

Guest Post: 3 Myth’s About Rising Interest Rates

Submitted by Lance Roberts of STA Wealth Management, During my morning reading, I ran across an article by Howard Gold entitled ”Why Diversification Isn’t Working?” by Howard Gold wherein he discusses that investors are faced with having to choos… [...]

Low Growth in the Developed World… Increasing Capital Flight to Asia!

By: Chris Tell at http://capitalistexploits.at/ The first wave of modern globalization took place during 1870-1913, when both capital and labour moved freely across international borders. Things have changed a lot since then as ever increasing restrict… [...]

Futures Go Nowhere In Quiet Overnight Session

In fitting with the pre-holiday theme, and the moribund liquidity theme of the past few months and years, there was little of note in the overnight session with few event catalysts to guide futures beside the topping out EURJPY. Chinese stocks closed a… [...]

Guest Post: Paul Krugman’s Fallacies

Submitted by Pater Tenebrarum of Acting-Man blog, Krugman, Summers and the First Keynesian Paul Krugman has used the occasion of Larry Summers' speech at the IMF to lay out his economic views, or let us rather say, his economic fallacies. As we alr… [...]

Chart Of The Day: How China’s Stunning $15 Trillion In New Liquidity Blew Bernanke’s QE Out Of The Water

Much has been said about the Fed’s attempt to stimulate inflation (instead of just the stock market) by injecting a record $2.5 trillion in reserves into the US banking system since the collapse of Lehman (the same goes for the ECB, BOE, BOJ, etc). Eve… [...]