Tuesday, March 19, 2019

Two freedoms that FDR missed

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If that old would be court packer, and civil rights violater, FDR had proclaimed these two additional freedoms, freedom from having your pri...
Wednesday, March 13, 2019

America’s debt crisis: origins and consequences

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When I studied macroeconomics in college in the late 1970s, the U.S. debt/gdp ratio was about 30%. That was considered a little high, but ...
Wednesday, October 17, 2012

Citi Gets A New CEO

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Readers who are familiar with my sentiments involving Citigroup's just-resigned CEO Vikram Pandit will not be surprised to learn that I ...
Tuesday, October 16, 2012

The Enduring Fundamental Importance of Economics

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Watching a recent program concerning the fall of ancient Egypt brought home the enduring importance of economics to understanding the source...
Monday, October 15, 2012

Belated reflections

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In the months during my recovery from a stroke late last year. I have occasionally contemplated posts which I should have liked to have wri...
Monday, January 30, 2012

Prolonged absence

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Thanks for the reader questions regarding my recent prolonged absence. I have been in hospital recovering from surgery. I will be writing po...
Monday, December 05, 2011

MF Global, Corzine & Gensler

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The lead staff editorial in Thursday's Wall Street Journal provides a nice overview of what's wrong with federal regulation of the b...
Friday, December 02, 2011

Regarding Facebook's Valuation

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The Wall Street Journal has published several page one articles recently concerning Facebook's putative $100B market value. I had to go ...

About Angela Merkel's Prussian Values

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I wrote this post last week, in which I provided a disclaimer relating to my views on how Germany views the profligacy of many of its fello...
Thursday, December 01, 2011

Monetary Cocaine From Six Central Banks

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What can you say about yesterday's equity index responses to the announcement that six large-country central banks, and the ECB, provide...
Wednesday, November 30, 2011

Tom Keene's Housing-Related Program Yesterday On Bloomberg

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Bloomberg's Tom Keene continues to slip in my estimation with almost every program of his that I view. His guests are of uneven quality,...
Tuesday, November 29, 2011

Black Friday & Yesterday's Equity Market Pop

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Positive news about Black Friday's sales numbers propelled equity indices up sharply yesterday. The S&P500 Index rose 2.92% on the s...
Monday, November 28, 2011

The Economist's Denial Concerning The Euro & Europe's Entitlements Crisis

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The current issue of The Economist entitled it's lead staff editorial "Is This Really The End?" Of the Euro, of course. The...
Saturday, November 26, 2011

Great Expectations

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If you want to understand how America has corrupted itself while amassing $15T in debt, with even more in still-unborrowed, unearned entitle...
Friday, November 25, 2011

Germany, Merkel, EuroBonds, The ECB & The Euro-Crisis

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It's almost funny now to hear pundits and reporters on CNBC and Bloomberg gush over how the only solution left that will placate investo...

S&P500 Index Performance vs. US Economy- Now You Know Why They've Diverged

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Finally, a really good, solid datapoint! Tuesday's Wall Street Journal featured an article on the front place, top, of its Marketplace...
Wednesday, November 23, 2011

Larry Fink On Warren Buffett

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I had the opportunity yesterday to watch the hour-long Bloomberg program I had recorded on Monday evening which featured an interview at UCL...