Tag Archives: currency

Economic Profanity

Significant changes are taking place.  As we noted several weeks ago, for the first time in 27 years wealth is not flowing into emerging markets.  It’s flowing out. The global economy everyone has known since the late 1980s is being … Continue reading

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Not in a Million Years

Storylines serve a valuable purpose.  They round out the incongruences and give meaning to things in a way people can quickly comprehend.  This is especially true when it comes to the economy. The popular narrative of the day is that … Continue reading

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Whirlwind Economics

Things may be looking up for the unemployed working stiff.  After years of competing for scarce jobs with stagnant wages something extraordinary may be happening.  If you can believe it, opportunity has finally come for the unemployed. According to the … Continue reading

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An Absolute Disaster?

Last Thursday the DOW surpassed 17,000 for the first time ever.  What a marvelous achievement.  The combined forces of mass money creation and speculative fervor have bid up the market to levels a person of sound mind and honest intentions … Continue reading

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