BENTON HARBOR, Mich. — Every first and third Monday of the month for as long as anyone can remember, this city’s elected commissioners have gathered in their musty second-floor chambers to contend with issues large and small — reports of gapin…
Back in February, in Smells like Stagflation, we noted that most companies were planning to increase prices. Yet businesses were not planning wage increases.
Today Bloomberg reported on this troubling scenario, which appears to be playing out.
The …
I was in Hong Kong (just next to Shenzen) when this story broke last year and I remember thinking it was the start of a new dynamic in global inflation.
Just be long commodities!
A good read
http://www.investmentu.com/2011/April/chinese-wage-inflat…
There are plenty of risks in the economic outlook right now, including global supply disruptions following the multiple disasters in Japan, sovereign debt problems in Europe, budget gridlock in the U.S., and China’s inflation and rate hikes.
What …
He’s channeling Thomas Malthus and notices that we have a food/energy/population/compound growth problem.
You have to click on the link to read it. It’s in pdf format.
GMO Website
In case you hav3en’t already figured that out.
Drill Baby Drill….what a hoax
….back up the dump truck, buy the dip.
Interesting to note that strategic defaulters generally have good FICO scores, pay their bills on time and have very little credit card debt….
A new study sheds additional light on the issue of “strategic defaults” in America, offering further insi…
Every day more than 700,000 people in Harris County are uncertain about where they will get their next meal. Not all of them are poor — many are working people who don’t qualify for federal food programs.
These are among the findings of a recen…
SAN LUIS OBISPO, Calif. (MarketWatch) — Warning, the stars are aligning, again. Much faster. We’re repeating the run-up to the 2008 meltdown, leading up to the next election.
Yes, another crash is coming, una…
