We’ve written for some time about what a waste of space the Federal government.
How it just sucks the life out of the private sector in order to fill the pockets of interfering and power-crazed bureaucrats.
Yet we’ve been told by all and sundry that a strong government is important, nay, crucial for the stability of both [...]
debt
Dianor Resources Inc. announce that it has entered into a Credit Agreement dated August 28, 2010 with Third Eye Capital Corporation, as administrative agent, and a syndicate of lenders, pursuant to which the lenders have committed to provide up to $10…
Having read through US Federal Reserve chairman Ben Bernanke’s speech at Jackson Hole, Wyoming over the weekend we can only come to two conclusions.
Either Mr. Bernanke is stark raving mad and should be sent to a nut farm immediately. Or, he should be carted off to The Hague to face charges of crimes against [...]
Your editor spent most of yesterday polishing off the August issue of Australian Small-Cap Investigator. Today we’ve just a few small bells and whistles to add to it, before we should have it delivered to subscribers after 4.10pm this afternoon.
If you’re not a subscriber yet, then why not take a few moments to read [...]
Much as we suspected in yesterday’s Money Morning, we’ve already seen the first stages of the institutionalisation of blatant money printing.
And not surprisingly it came from the market drones and Federal Reserve cheerleaders at CNBC.
Your editor wasn’t quick enough with the notepad and pen to jot down exactly what ‘Squawk on the Street’ host Erin [...]
We look at the market this morning, and what do we see?
Oh mamma, we see trouble a-brewing!
Quite frankly we don’t get why others can’t see the same problems.
To us it seems obvious. But anyway, seeing as no-one else is game to show you, if we’ve got space today we’ll reveal all. If not, [...]
To paraphrase Crocodile Dundee, “That’s not a test, THAT’s a test!”
That’s what we thought after reading the following headline from Bloomberg News yesterday: “China Said to Test Banks for 60% Home-Price Drop”.
Ooh, imagine that. Surely that would have to be pretty painful.
And it puts to shame the Australian Prudential Regulation Authority’s (APRA) stress test [...]
A barely known Chinese rating’s agency is crying out for a more ‘realistic and fairer’ international credit risk system.
Right now, the international risk system is dominated by three main companies: Moody’s, Standard & Poors and Fitch.
All three of these companies, didn’t see the global financial crisis coming, or the European debt crisis coming. [...]
How do you get the private sector to spend? Just tax ‘em more!
In today’s Australian Financial Review, one market commentator has come up with solution to get the global economy going again.
Yep, you guessed it, spending. But not government spending, he wants to get the private sector spending again.
As we all know, it’s the darned [...]
Four short notes on the link between private wages and public debt…
BETWEEN V.E. Day in 1945 and June 1947, the United States shrank its armed forces from twelve million people to around 1.5 million.
The impact on the economy – and on the US Treasury’s then record debts – is hard to overstate…
Indeed, at either end [...]

