economics

QE - won't increase lending from semafu 82 days old

quantitative easing won't increase lending - not for a long while at least. why? banks want to increase their deposits (too much lending not enough ...

California is broke from semafu 128 days old

A state that practices massive wellfare handouts, has finally run out of cash, as more and more people moved there to get the goodies and tax take plummets. ...

China continues to call for SDRs to be new global currency from semafu 134 days old

The Chinese continue to call for a new global currency not tied to a particular nation. The current favuorite would be the IMF's Special Drawing Rights. The ...

Currency Failure from semafu 143 days old

When currencies fail - Here's a great article on hyper inflation. http://www.mint.com/blog/finance-core/hyperinflation-the-story-of-9-failed-currencies/#comment-32276 Hyper ...

S&P say UK's triple A at risk from semafu 170 days old

Standard and Poor's did not change the UK's triple-A rating, but said it was at risk without a credible plan to put its debts on a "secure downward ...

Deflation - really? from semafu 201 days old

I don't believe it - Inflation ahead.

New Global Reserve Currency - to be discussed at G20 from semafu 227 days old

Nov 2008 - Ron Paul asks Bernanke is there is any discession of a new global reserve currency because the dollar is shot. Bernanke says no, the dollar ...

tax revolt? from semafu 248 days old

Things seem to get progressively worse on the economic front, both here and in the US. As savings rates head to 0% - whats the incentive to keep the ...

Bernard Madoff's ponzi scheme from semafu 330 days old

A Ponzi scheme (from Charles Ponzi USA 1920s) is an investment fraud. The perpetrator pays a high return on "investments" to last months subscribers ...

Iceland melts from semafu 394 days old

Before the crisis, the Icelandic banks had foreign assets worth about 10 times the Icelandic gross domestic product (GDP), with debts to match. This ...