Whooopeee!
Zero Hedge. the Debkka of finance
Geez, I’d probably have to say the roaring success of the economic turnaround seen here in the U.S. Oh, wait. I musta been dreaming. Although, I have been assured by none other than the “lyin’ king” that I’ve never had it better. Even though I didn’t do it. No, somebody else did that.
I’ve had it explained to me that the Fed’s “purchasing” has only ever been requirements that Federal Reserve Banks must purchase legitimate US bonds and mortgage securities for resale. In essence, there’s been no expansion of the monetary supply equal in any way to the amount of these pass through purchases that ultimately are purchased away from those Banks if not kept.
The concern with the above is with the mortgage securities, in which part of that pass through purchasing becomes inflationary, in my understanding.
*bump*
who knows when.... but we and the world on a bad trajectory
The economy or the pace car?
This has to be one of the weakest lists I’ve seen in a while.
Numbers 1-8 are just bad European management, that has been bad for a long time and is continuing to be bad.
Numbers 9-10 are bad South American government leadership by incompetent leftists.
11-13 At least China is acting to take care of its problems early. Japan is just limping along as it has for decades.
14 Ukraine is a mess purely due to politics.
15-18 Australia, India, Thailand and Ghana. Each of them has a fairly typical problem that are different from each other.
19 Another dead banker. Maybe the world has hit “peak banker”, and we’re soon to run out of bankers.
20 The totally different market conditions graph of 1929 bear a vague similarity to a market graph today. Nobody has mentioned the distinct correlation between the stock market and the length of hems on women’s dresses for a while.
21. US median income down 5% since 2009 and still decreasing in 2012 which is the last year that the numbers have been compiled. The economy sucks and you’d have to either be wearing blinders or be a committed leftist not to know that.
“Global debt levels have grown by 30 percent.”
To whom or which entities is all this debt owed? Is it all bond issuances and the like?
Whooopeee!