Roubini Predicts “Mother of All Carry Trade Unwinds” « naked capitalism
byNouriel Roubini has officially left the “hedging your bets on the economy” camp. He has declared the markets to be frothy because super low…
asset bubble
How Goldman secretly bet on the U.S. housing crash | McClatchy
byWASHINGTON — In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages,…
Happy days are here again? Another view from the City
byEquity Strategist Ewen Stewart makes the case that the national debt will within 5 years be over £150,000 per family of 4 with debt…
The Superhighway to Serfdom
byBy kind permission of Sean Corrigan, we make available the September edition of his Resource Ruminations “Superhighway to Serfdom”: “The danger of modern liberty…
Gordon Brown, the Destroyer of our Economy
byThe Cobden Centre’s Chairman, Toby Baxendale, explores Gordon Brown’s total responsibility for the meltdown of the UK economy. It is said that the USA…
‘Footsie pushes above 5,000’ but it will not last
byUpdate: As the Footsie pushes above 5,000, we bring this post forwards and refer readers to Why is the FTSE going up? Hopes for a…
Material Evidence
byIn the 1 September 2009 edition of Material Evidence, Sean Corrigan explains why the stock market is rising and why the appearance of prosperity…
Now it’s looking like V for victory over recession – Times Online
byResponding to an article in The Times, Steven Baker indicates the origins of our views on the economic situation and its causes, of our…
Tangible Ideas – Goodbye to All That
byBy kind permission of Sean Corrigan, we reproduce his report Tangible Ideas – Goodbye to All That, in which he explains the end of…
Where next for the economy?
byVia Entering the Greatest Depression in History by Andrew Gavin Marshall, indications of the possible path of the global economy: Entering the Greatest Depression…