Tag Archives: economy

Mark-to-unicorn : The systemic insolvency of the entire US financial system

Many people think that the bailouts, the money printing and the shenenigans by the US Federal Reserve and the US Treasury Department is what stopped the fatal decline of ’08. Many people think that “oh wow, it sure was ugly … Continue reading

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Excellent article on the Swedish Economy

The truth, as always, comes from the Mises Institute. And yes, it is in fact true that we have had no net job creation for half a century. There are 9 million people in this country. The working population is … Continue reading

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Why the US(oC) economy is doomed

Neil Barofsky is heading SIGTARP. SIGTARP is the independant organization responsible to audit the TARP programme and the government response to the financial crisis. In a 338-page report just released, what Neil Barofsky says is more or less the following … Continue reading

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BULLETIN : Why do you consider yourself free? We are all sheep!

It was the most grand take-over of power, partly due to its gradual development, and partly due to its way of completely changing the stage upon which social change was to be performed. I will tell you this story as … Continue reading

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“Risk-free” reciprocal bond issuance

Here’s something for you to ponder for a while : The Irish Nationwide bank has issued bonds, which it has purchased for itself. It has then pledged these bonds as collarteral to the ECB, and received a loan in exchange. … Continue reading

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NIA : The path to US collapse

Those marvellous guys over at NIA (National Inflation Association) are at it again. Keep your eyes open come October, since they will produce another of their documentaries, this time about how the US society is crumpling from within due to … Continue reading

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Baby Boomers – A generation delusional

“(…) voters who are approaching age 65 also believe that they have a legal claim on lifetime support. They believe that these claims will be met. They believe that, since they are special, the Federal government can and will deliver … Continue reading

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The Bad Economy (#3) : Know your baseline

After a very long time, this series will now be resurrected. Today, we’ll discuss something very simple, which most people unfortunately don’t understand. Most people are dreadfully unaware that they may someday be lacking the funds for living as they … Continue reading

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25 years of lost employment

Doesn’t if feel great, realizing that due to Alan “World Destroyer” Greenspan, the US economy really hasn’t improved in 25 years (technological development does not equal economic development). Hurrah!

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Worriless swedish consumers tell americans to cheer up

The Swedish economy, with its many flaws, is at least not being manhandled the way the US economy is. We had more or less no fiscal stimulus, and while the taps are open wide from our central bank, we have … Continue reading

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