Tag Archives: china
China’s Concrete Problem
There’s always something fascinating going on when it comes to the economy. Take China, for instance. According to the International Monetary Fund, and the notion of purchasing power parity, they’re the world’s largest economy. Nonetheless, they’ve started the year off … Continue reading
Treasury Bubble Redux
Last week, while everyone was busy gawping at the stock market’s wild swings and oil’s epic fall from grace, we set our sights on the 10 Year Treasury note. On Thursday and Friday the yield touched down at 1.75 percent. … Continue reading
Disaster and Other Estimations for 2015
The New Year is nearly here. So are the new hopes and new dreams. We’re certain 2015 will be the year you get everything you deserve in life. But what else will happen? Today we hold a licked index finger … Continue reading
Central Bankers Unite
Government planners float the economy up on a sea of credit. Financial markets rest on an eroding base of wet sandy debt. With all the funny money sloshing around…no solid footings remain. Here at the Economic Prism we long for … Continue reading
