Recovery?

Stocks bounce. Bonds bounce. An economy that bounces following the Japanese experience, with a long, slow on-again/off-again period of depression to expecting some quarters of growth, followed by quarters of...

Economic Growth is Unsustainable

One thing has become clear with this financial crisis, trees don’t grow into heaven in other words any growth has its limitation. The question arises whether economic growth the so-called GDP increases year on...

Recovery Impossible

The G20 in Pittsburgh will extensively talk about the durable economic recovery that is on its way, however much more work needs to be carried out specifically on European banks if the EU is to avoid years of...

Miyuki Hatoyama and Yukio Hatoyama Storm The Diet Then The Galaxy

Miyuki Hatoyama and Yukio Hatoyama the new first couple of Japan are a colorful addition to the political arena. Miyuki Hatoyama has claimed in one of her several books that she was abducted by aliens to Venus,...

Bad Decisions have to be Corrected

"The continuous injection of additional amounts of money at points of the economic system where it creates a temporary demand, which must cease when the increase of money stops or slows down, together with the...

Lies are told to trick consumers into buying again

Ben Bernanke was re-appointed for another term as head of the Federal Reserve. The Obama administration said “the downturn was a little worse than it had thought, so it's estimate for the 2010 budget deficit had...

Chinese-American Relationship

Consumers’ insanity was indoctrinated by materialism and false publicity to buy more stuff, as factually was needed. People were made jealous or greedy by showing that others and even their neighbours had...

Nuclear Energy Saviour of Economy, Job Creator and Green

After two years of doom and gloom, market distorting bailouts, ineffective stimulus packages, etc. governments seriously should turn to third generation nuclear energy that will be the real saviour for the economy,...

The Recession Isn’t Over Yet

People get rich by earning money, not from the government handouts.According to Bloomberg:"The economy will expand 2 percent or more in four straight quarters through June, the first such streak in more than four...

Fiat Currency Good or Bad?

The history of fiat money, to put it kindly, has been one of failure. In fact, EVERY fiat currency since the Romans first began the practice in the first century has ended in devaluation and eventual collapse, of...

Mister Market’s Moral Lesson

Markets are not mathematical, nor mechanical; they're moral. Their purpose is not to make people wealthy, but to make them wise. If they were mathematical they would make people richer by adding zeros. But it's not...

Europe’s Banks next Global Worry

Europe's banking system is in far worse shape than the US system. The losses may be bigger, and their capital to meet those losses definitely is insufficient. Europe's banks have been much more aggressive in...

The Debt Time Bomb

The U.S. economy is still struggling. And the credit markets are still failing to function – mostly because the roots of the American financial system remain diseased. Thanks to the crisis-deferral tactics of...

Recession’s Fatal Error

Debt and taxes: “Over the next four years, the ratio of U.S. government debt will rise to somewhere between 71% and 80% of GDP, up from 41% at the end of 2008. The 71% figure”, which is from the CBO, and likely...

Consumers’ Change of Heart

The vast credit expansion that lasted from 1945-2007 now has contracted till an insignificant quantity, as people’s hearts and minds have been thrown into reverse. During the bubble years, more and more...