In response to a reporter being choke-slammed at a Trump rally, ‘Tyler Durden’ of Zerohedge writes: Last week, in what some view as a prelude to a fascist future for America, Trump suggested he would change libel laws in order to give himself greater scope to sue journalists who pen negative articles about him This… Continue reading Zerohedge, Trump and Anti-Establishment Liberalism
The Big Short: Market Genius or Luck?
There are a lot of finance articles lately due to the hype over the film adaptation of Michael Lewis’ book The Big Short. Interview with Michael Burry, Real-Life Market Genius From The Big Short Is he a market genius or did he just get lucky? There is evidence of genius, in that between 2000-2008 Michael… Continue reading The Big Short: Market Genius or Luck?
The Bailouts Benefited Everyone, Not Just Bankers
From NYT: Bernie Sanders: To Rein In Wall Street, Fix the Fed WALL STREET is still out of control. Seven years ago, the Federal Reserve and the Treasury Department bailed out the largest financial institutions in this country because they were considered too big to fail. But almost every one is bigger today than it… Continue reading The Bailouts Benefited Everyone, Not Just Bankers
Collapse can wait
From David Stockman: Why This Sucker Is Going Down…….Again! In a word, with a printing press. But what happened today is that Draghi showed he is out of tricks and Yellen confessed she is out of excuses. Yes, this sucker is going down. And this time all the misguided economics professors turned central bankers in… Continue reading Collapse can wait