Secondary Sources: Inflation, Trade, Glass-Steagall

A roundup of economic news from around the Web. Embracing Inflation: Writing for the U.K.’s Guardian, Kenneth Rogoff suggests inflation could help cure debt markets. “Modern finance ... approaches to debt workouts. Securitization, structured finance and other innovations have so interwoven [more...]

Date: 2008-12-03 15:54:52

Blog posts (142) | Videos (43)
 

The best Debt Cures - Bankruptcy or Debt Settlement?

Hello- It’s cyber Monday, time to start shopping online if you haven’t done so already ... a look at bankruptcy and debt settlement as these are the more popular options for getting credit card ... at their free debt calculator and here’s what it gave me: credit card debt paid with bankruptcy [more...]

Date: 2008-12-02 02:39:50

Correcting Mistakes and Punishing Errors

It is a gray morning, here in London. We sit in the building with the golden balls, look out the window, and wonder… …how does it all work? We’re doing some serious thinking this week. What is it that actually causes a depression? A stock market collapse? Or too much debt? How come government can appear to cure the problem sometimes – 2001-2007 – but not other times? How come the Japanese were not able to increase consumer prices? Even now… Japan’s inflation rate is negative. [more...]

Date: 2009-09-28 18:02:03

It’s a Labor Day Carnival of Debt Reduction

Happy Labor Day everyone!  Labor Day originated in 1882 when the Central Labor Union of New York City sought a day off for those who work ... rid of credit card debt the smart way. Early Retirement Extreme tells how he would get rid of debt ... articles Think that using a debit card is a cure-all for debt problems?  Master Your Card warns [more...]

Date: 2008-09-01 05:00:37

We Expect No Recovery from the Economy

It is a gray morning here in London. We sit in the building with the golden balls, look out the window, and wonder... ..how does it all work? We're doing some serious thinking this week. What is it that actually causes a depression? A stock market collapse? Or too much debt? How come government can appear to cure the problem sometimes - 2001-2007 - but not other times? How come the Japanese were not able to increase consumer prices? Even now...Japan's inflation rate is negative. And why is it, [more...]

Date: 2009-09-29 04:01:41

We Expect No Recovery from the Economy

It is a gray morning here in London. We sit in the building with the golden balls, look out the window, and wonder... ..how does it all work? We're doing some serious thinking this week. What is it that actually causes a depression? A stock market collapse? Or too much debt? How come government can appear to cure the problem sometimes - 2001-2007 - but not other times? How come the Japanese were not able to increase consumer prices? Even now...Japan's inflation rate is negative. [more...]

Date: 2009-09-29 04:01:41

What Causes a Depression?

It is a gray morning here in London. We sit in the building with the golden balls, look out the window, and wonder… …how does it all work? We’re doing some serious thinking this week. What is it that actually causes a depression? A stock market collapse? Or too much debt? How come government can appear to cure the problem sometimes – 2001-2007 – but not other times? How come the Japanese were not able to increase consumer prices? Even now…Japan’s inflation rate is negative. [more...]

Date: 2009-09-28 18:49:54

The Best Online Debt Cures

Hello- If the thought of talking to a credit counselor giving them all your personal information sounds frightening to you, ... is one of the fastest ways to reduce your credit card balances without filing bankruptcy.  Many people ... in credit card debt, they can help you reduce your balances by up to 50% or more. Take a look [more...]

Date: 2009-01-08 02:17:08

Hard Times

Hard Times Yesterday I wrote a piece about the second round of bank bailouts ... strong a word to say it is insane to try to cure the symptoms of a debt collapse with even more debt [more...]

Date: 2009-01-16 03:02:05

What Henry Ford Knew

"An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is weakened by uncertainty or insufficiency of income. The cure of business ... --counting government loans, stock purchases, debt guarantees, and backdoor handouts by the Treasury [more...]

Date: 2009-01-11 23:58:00

Principles based on Islamic religious law insulate industry from worst of financial crisis

Islamic Banking : Steady in shaky times, an article from the Washington Post As big Western financial institutions have teetered one after the other ... and trading in debt, have been promoting Islamic finance as a cure for the global financial meltdown ... Secretary Robert M. Kimmet, visiting Jeddah, said experts at his agency have been learning the [more...]

Date: 2008-11-01 06:41:12

TARP Comes Full Circle

There's a certain maddening elegance to it all. The original TARP was intended to purchase banks' toxic assets ... with direct capital injections.  Once everyone realized that did little to cure the toxicity ... buy or back the toxic debt on banks’ balance sheets isn’t dead after all. Key Federal Reserve [more...]

Date: 2009-01-13 19:56:01

Nuru Personal Finance Cards: Review and Giveaway

Today’s a combo review and giveaway! NURU asked if I’d be interested in taking a look at their personal finance flip deck and share my thoughts ... student. This is the ounce of prevention which may keep them from needing the pound of cure later on. It won’t help them build a debt snowball or find another way out of debt, but it may keep them [more...]

Date: 2009-01-08 12:00:58

Mr. Fire meets up with true dough

Note to all: I've expanded this post a bit since I first published it on December 4 ... and other moneymaking schemes to Joe's car collection (I know, big surprise on the latter ... get healthy and get out of debt. He's been to sixty countries in search of health cures that truly [more...]

Date: 2009-01-04 21:35:00

Deals of the Day: Dow Chemical Ready to Sue Kuwait For Breakup Fee

Deals of the Day, compiled by Stephen Grocer and Heidi N ... the TV Guide Network and TV Guide Online properties from Macrovision Solutions Corp. for $255 million ... Markets Debt: “The credit markets may struggle to find a “magic cure” for protracted woes this year [more...]

Date: 2009-01-06 12:52:35

Are You Suffering From Budget Avoidance Syndrome?

Over the last few weeks I’ve caught myself reverting back to some old bad habits ... old You aren’t quite sure when your next debt payment is due (you have an idea, but the exact date ... known cure for B.A.S. is to simply fight through your anxieties dive headfirst into your finances [more...]

Date: 2008-12-02 14:14:50

We're Nowhere Near a Bottom in Housing

From this week's Barron's:I agree with a lot of what Bill says. The economy is experiencing a rain delay. Nothing is going to happen for a while. Although the government's spending efforts will help, they won't be enough to cure the two ... is at multi-decade highs.On top of that total household debt is $13.9 trillion (which is about the same size [more...]

Date: 2009-01-12 15:30:00

Rotten Insomnia

“Ouch!” Is this the first word that comes out of your mouth when you get out of bed? ... . I bought all sorts of liniment and heating pads and witch doctor contraptions just to cure any ... and listening to disturbing music and TV shows think about your growing debt, financial problems, latest [more...]

Date: 2009-01-07 16:14:44

Sunday morning links

TOP STORIES Leaders welcome G20 action plan - BBC Forget Bretton Woods II – we need a gold standard - CSM Facing Shortfalls, ... unlikely at G20 - Reuters The Only Cure for a Bubble... - Noland, Prudent Bear MARKETS/INVESTING ... Policies - Seeking Alpha Investors Leery of Buying Government Debt As Calendar Grows - Naked Capitalism [more...]

Date: 2008-11-16 14:29:49

Concrned About All This Change

Way back in December of 1998, I introduced my best cousin to Greg's best friend ... enough money everything will recover. "Just go shopping," is the financial cure?I don't think they get that when you are serious about getting out of debt, it means no vacations, no eating out, no going [more...]

Date: 2009-01-14 08:57:00

AIG (AIG): Recycling Debt Without Paying Anyone Back

AIG is ready to repay the Fed $40 billion. The money will come from preferred shares it raised with backing from Treasury ... has funded. Banks may still face substantial write-offs from consumer debt and their exposure to mortgage ... the value of their own loans. The only answer???more money. Cure the default by risking another one down [more...]

Date: 2008-11-26 11:01:31

Market flat

Jump to CommentsMarket song o’ day: Where There’s Smoke There’s Fire ... Consumers Have Finally Learned That Debt Is Bad.Some Citi units are going to sleep: Citigroup may be broken ... anyone think there’s an instant cure (other than Larry Kudlow and Stephen Moore)? Stimulus will take [more...]

Date: 2009-01-13 21:02:57

The health care banana peel

The health care banana peel Share Post Print November 16, 2008 Posted by Paul at 12:29 PM In her Examiner column, ... programs are unlikely to provide a cure for high health benefit costs. For one thing, as Pipes explains ... will they look favorable on the additional debt that Obamacare is likely to entail. But Pipes shows [more...]

Date: 2008-11-16 18:29:54

New Year’s (Un) Resolutions

Okay, I hate New Year’s Resolutions. I usually make them and then give them up before the Super Bowl ... . In all my experience, not a single “magic cure” diet has worked. This year, I’ll exercise more, worry ... . Want the truth? Here it is! Kyle and I have debt up to our eyeballs, we are trying [more...]

Date: 2009-01-12 23:20:00

BARRONS ROUNDTABLE - NEVER MIND

The Barrons roundtable gathered a few days ago and the current issue has this years predictions- Meryl Witmer with an interesting observation-" ... :"The government can't cure a disease that has been more than a decade in the making. The U.S has built up gigantic financial imbalances, and debt levels [more...]

Date: 2009-01-10 18:54:00

Teach a Man to Fish as Unemployment Cure

As international outsourcing claims more jobs, two things happen - unemployment in developed nations increases and companies lower their costs. As sad as this is for now unemployed workers, it is a byproduct of automation - the internet and IP communications. Moreover it accelerates during recessions. In order for the trend to cease, the standard of living has to increase in developing nations to a point where it doesn't make sense to move jobs away from developed countries. [more...]

Date: 2009-09-26 22:48:28

Why Paychecks Could Shrink

Will employers take advantage of the abundance of available labor to cut workers’ paychecks? It would be rare for wages to fall economywide, and it’s not in most economists’ forecasts. Nevertheless, outright declines in average pay are a genuine possibility—and if they were to occur would be a major threat to the nascent recovery.For now, pay is still rising—a little less than 2% for the year through June 2008, according to the government’s employment cost index. [more...]

Date: 2009-09-26 21:09:13

Financial Crisis

FINANCIAL CRISIS CURE It is a well-documented fact that the financial crisis was caused by corporations and individuals knowingly, ... amounts of further debt, the government can start a RECOVERY PROGRAM designed to identify [more...]

Date: 2009-01-10 04:15:40

Ani-Mania: Reviews ‘Welcome to the NHK’

I’ve been promising this NHK review for a long time. While I COULD blame the delay on a massive, world wide conspiracy (which in light of the show’s premise would be completely appropriate), the truth is, its hard for me to write about a show that I *really* like. Sounds counter-intuitive, I know. You’d think the more I like something, the easier it would be to gush about it, but for me, it doesn’t work that way. If I think something is pretty good or just “okay”, its easy to talk about it. [more...]

Date: 2009-09-25 02:27:06

Liberty International Seeks Funds for New Projects

Liberty International, Britain’s largest shopping mall owner, plans to do a little shopping of its own, Reuters reported.Liberty said Wednesday that it plans to place 9.9 percent of its issued share capital to raise new funds to kick-start investment plans, including acquisitions, it mothballed at the height of the financial crisis a year ago.Based on Liberty’s Tuesday closing share price of 564 pence, the sale would raise £316 million ($515 million) before expenses and without allowing for a [more...]

Date: 2009-09-23 10:06:44

G20 nations meet as protests flare on issue of international banking regulation

Again, the summit is being presented as a way to get the bankers, when it is in fact a further centralization of banking power. The picture below tells you much of what you need to know about the G20. And for new readers, it’s not that banks are inherently bad. But at the international level, economies are being governed now by a syndicate of privately held central banks that operate above the law and print money with which to acquire real equity. [more...]

Date: 2009-09-24 22:35:28

Shichinin no Economusutai--NOT!!

David K. Levine of Washington University in St. Louis: "It is a daunting task to bring you up to date on the developments in economics in the last quarter century. I know that John Cochrane has tried to educate you about what we've learned about fiscal stimulae in that period..." and "But the stimulus plan? How can you be arguing for more? Since we are recovering before most of the stimulus money has entered the economy--isn't that evidence it isn't needed? [more...]

Date: 2009-09-20 20:24:37

Negative Interest Rates

Gary North Lew Rockwell.com Sunday, Sept 20th, 2009 There is considerable discussion about the possibility that the Federal Reserve could and possibly should create a monetary environment in which interest rates are negative. First, why should it do this? Second, is this even possible? Third, if it is possible, under what conditions could/should the FED do this? I am not speaking here of real interest rates, i.e., the cost of borrowing discounted by the rate of price inflation. [more...]

Date: 2009-09-20 12:25:53

Words from the (Investment) Wise - September 20, 2009

Marking the one-year anniversary of the Lehman Brothers demise, risky assets last week again marched higher to the tune of economic data supporting the argument of a global economic recovery. A realization among investors that the economic transition from recession to recovery was gaining momentum, resulted in many global stock markets scaling fresh peaks for the year. Ben Bernanke, Federal Reserve chairman, on Tuesday said the US recession “is very likely over”. [more...]

Date: 2009-09-20 17:24:08

Bailouts and Corporatism

“I stand for the Restoration of the Republic, a return of Honest Money to We the People, and a swift end to the Global War of Terror. I hope you are standing beside me as this battle is joined with our domestic enemies, our very own government… If those in power actually intend the best for the American people, but their behavior is so contrary, so immoral, and so unconstitutional with my positions, the government ceases to be my government in all but name. [more...]

Date: 2009-09-21 02:13:11

The Best Ways To Consolidate Debt

Amazon.de Widgets There are a few ways to consolidate debt but as to which one is suited for any one individual depends on their personal financial situation. ‘What is the best way to consolidate my debt?’, is a question that gets asked all too often in the offices of financial institutions, and the answer will vary to reflect each individual case and financial situation.In order to find the right cure it is imperative to have all the details of the illness; so the first step you need to take is [more...]

Date: 2009-09-27 20:40:39

The Best Ways To Consolidate Debt

Amazon.de Widgets There are a few ways to consolidate debt but as to which one is suited for any one individual depends on their personal financial situation. ‘What is the best way to consolidate my debt?’, is a question that gets asked all too often in the offices of financial institutions, and the answer will vary to reflect each individual case and financial situation.In order to find the right cure it is imperative to have all the details of the illness; so the first step you need to take i [more...]

Date: 2009-09-27 20:40:39

Women Issues – The Info You Must Learn

There is no need to prove that women and men go through depression in totally different ways. Depression is a great stress to both men and women and we can’t claim that one of the sexes suffers more during a depression, we can claim only that the way they feel and perceive things is definitely not the same. In this article I will stop on the woman’s depression. Unfortunately, regardless of how either men of women feel themselves during depression, women are still twice as likely to fall victims to it. [more...]

Date: 2009-09-29 10:12:03

Guest Post: How Well Has The Federal Reserve Performed for America?

By George Washington of Washington’s Blog . How well has the Federal Reserve performed for America? Mainstream pundits, of course, say that Bernanke has saved the world . . . . but they said the same thing about Greenspan .  So let’s look at the actual historical record to determine how well the Fed has done. Initially, Milton Friedman and Ben Bernanke have both said that the Federal Reserve caused (or at least failed to cure) the Great Depression through its poor monetary policy. [more...]

Date: 2009-09-27 17:08:05

G20 decides to become world’s new ruling economic council

The new order of things has been announced. Magically, now “Deficits and trade imbalances are believed to have played a prominent role in plunging the global economy into a downward spiral.” No - it was derivatives and fraudulent leveraging of bad debt into the economy. But who cares about the truth, there’s a new agenda to begin this shell game of swapping currency reserves around the world to create a new defacto global reserve currency. [more...]

Date: 2009-09-25 16:09:33

Women Issues - The Tips One Must Learn

There is no need to prove that women and men go through depression in totally different ways. Depression is a great stress to both men and women and we can’t claim that one of the sexes suffers more during a depression, we can claim only that the way they feel and perceive things is definitely not the same. In this article I will stop on the woman’s depression. Unfortunately, regardless of how either men of women feel themselves during depression, women are still twice as likely to fall victims to it. [more...]

Date: 2009-09-26 03:24:44

Jeff Nielson, “Why the US Economy CAN’T Recover”

“Why the US Economy CAN’T Recover” by Jeff Nielson "The U.S. propaganda-machine now reports on a daily basis that a “U.S. economic recovery” is underway – despite not one piece of evidence to support this “bold assertion” (shameless lie?). Let's start with a definition of “recovery” suitable to the current, economic context: economic “recovery” means the economy is returning to (or “recovering”) a previous level of economic activity. [more...]

Date: 2009-09-25 02:57:00

Top Gun FP Client Note: The Wisdom of George Soros

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right hand corner of the website.  Here is this week’s. ***** I must state at the outset that I am in fundamental disagreement with the prevailing wisdom.  The generally accepted theory is that financial markets tend towards equilibrium, and on the whole, discount the future correctly.  I operate using a different theory, [more...]

Date: 2009-09-22 20:55:22

How Well Has The Federal Reserve Performed for America?

Washington’s Blog strives to provide real-time, well-researched and actionable information. George – the head writer at Washington’s Blog – is a busy professional and a former adjunct professor. ~~~ How well has the Federal Reserve performed for America? Mainstream pundits, of course, say that Bernanke has saved the world . . . . but they said the same thing about Greenspan . So let’s look at the actual historical record to determine how well the Fed has done. [more...]

Date: 2009-09-29 12:30:39

Your Modern Auto Body Repair Shop

September 27th, 2009Blog WriterLeave a commentGo to comments Most of us never would want to see the inside of an auto body repair shop. At the most we can often smell the solvents being emitted by automotive body vehicle repair shop as we drive by and wonder how those people can make it through a work day never being precise and accurate in both matching the color of car panels and repairing auto, truck and S.U.V bodies after vehicle collisions.It is only by accident – car accidents that most of [more...]

Date: 2009-09-28 01:49:17

Debt Consolidation and Reduction – Information You Need to Know

Amazon.de Widgets Why did you end up in debt?Never spend more than you earn. I’ve learned this lesson the hard way, and now I live and die by this way of life. Prepare a budget and keep it handy. Always have a good idea of the money you’re making, and where exactly that money is going when it leaves your hand. The reason you’re in debt right now is because you’ve spent just a bit more than you should have, and now you’re being punished for it. [more...]

Date: 2009-09-23 18:21:10

Bailout Mania As Miracle No Diet, No Exercise Weight Loss Drugs

Peter Schiff, writing in the Wall Street Journal, aptly describes our policymakers’ current fascination with bailouts as a desire for a pain-free ... avoidance. Individuals, companies or cities with heavy debt and shrinking revenues instinctively know that they must reduce spending, tighten their belts, pay down debt and live within their means [more...]

Date: 2008-12-28 05:20:42

Housing, Leverage, the Dollar and Purchasing Power

By Charles Hugh Smith, OFTWOMINDS Leverage is great on the way up and catastrophic on the way down. Astute reader Scott pointed out that comparing housing to gold on a cash basis missed real estate’s key feature to the average homeowner: the leverage provided by a mortgage. ( When Housing Is Priced in Gold September 23, 2009) That is indeed a critical advantage when housing is rising–and a freight train slamming equity on the way down. [more...]

Date: 2009-09-25 16:32:50

US Deficits, IMF Hypocrisy, China & You

Dear readers, never let it be said that my blog posts--rants if you're so inclined--are the product of mere creative writing ... percentage terms, America's national debt isn't particularly high compared to those of other industrialized ... size as well. I am aware of America's extraordinary privilege of being able to print its debt [more...]

Date: 2009-01-08 07:52:00

The Economy: "Who Was Hyman Minsky?"

"Who Was Hyman Minsky?" by Stephen Mihm "Since the global financial system started unraveling in dramatic fashion two years ago, distinguished economists have suffered a crisis of their own. Ivy League professors who had trumpeted the dawn of a new era of stability have scrambled to explain how, exactly, the worst financial crisis since the Great Depression had ambushed their entire profession. [more...]

Date: 2009-09-26 18:22:00

1 - 50 of 142 Posts
Page: First | < Preceding | Next >
0 | 1 | 2