BloombergMaking Banking Boring Is the Wrong Way to Make It SaferBloombergIf only banking were boring again, as it was from the end of World War II to about 1980, our financial system and economy would be in much better shape, goes the refrain ever sinc…
Tag Archive for World War Ii
Charles Hugh Smith
Why Bernanke has Failed, and Will Continue to Fail
by Charles Hugh Smith • • 0 Comments
Ben Bernanke’s zero-interest rate policy (ZIRP) and command-economy efforts to maintain mispricing of risk, debt and assets are destroying capital and capitalism. No wonder his policies have failed so miserably.
To understand why Federal Reserve C…
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It might not be an Asian century after all
by Bears Chat at The Wall Street Examiner • • 0 Comments
And the United States might pull out of its present funk as it did in a sudden twice during the past century: in the first years of World War II, and during the first Ronald Reagan administration.
For the past two decades, the United States wasted th…
Bears Chat, Best of the Forums, Must Read
Chance of 2012 U.S. recession tops 50 percent: Fed paper
by Bears Chat at The Wall Street Examiner • • 0 Comments
Chance of 2012 U.S. recession tops 50 percent: Fed paper
Reuters – 45 minutes ago.. .
(Reuters) – The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research …
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The Young ..Screwed, Coddled, Mocked, Self-Absorbed
by Bears Chat at The Wall Street Examiner • • 0 Comments
I know this might read as very woe-is-us, but these are the facts: Nearly 14 percent of college graduates from the classes of 2006 through 2010 can’t find full-time work, and overall just 55.3 percent of people ages 16 to 29 have jobs. That’s th…
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Wake up! U.S. Looking Even Worse Than Japan
by Bears Chat at The Wall Street Examiner • • 0 Comments
With 10-year Treasuries sub 2%, and growth restagnating, more and more people are buying into the “US is Japan” scenario. And it’s not just that the numbers look similar conomically.
The same thing has ailed both countries: a multi-year project to pa…
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The Costs of War
by Bears Chat at The Wall Street Examiner • • 0 Comments
Military responses to problems have a way of creating all sorts of new problems. The tenth anniversary of the 9/11 tragedy offers an opportunity to reflect on the costs and benefits of the wars the United States initiated against Iraq and Afghanista…
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The Phantom 15 Million
by Bears Chat at The Wall Street Examiner • • 0 Comments
(repost – from back in January)
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STATE OF THE UNION: ECONOMY
The Phantom 15 Million
Taming unemployment starts with solving the mystery of the jobs that were supposed to have been created in the past 10 years but weren…
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If You HATE Alan Greenspan like I do
by Bears Chat at The Wall Street Examiner • • 0 Comments
http://www.pbs.org/wgbh/pages/frontline/warning/view/
In The Warning, veteran FRONTLINE producer Michael Kirk unearths the hidden history of the nation’s worst financial crisis since the Great Depression. At the center of it all he finds Brooksley Bor…
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A "Grand Area"
by Bears Chat at The Wall Street Examiner • • 0 Comments
Despite all the changes since, there is every reason to suppose that today’s policy-makers basically adhere to the judgment of president Franklin Delano Roosevelt’s influential advisor A A Berle, that control of the incomparable energy reserves of th…
