Category Archive: 5) Global Macro

Filter archive by: Show All Show only Articles Show only Videos

Solutions Only Arise Outside the Status Quo

2018-03-22

by

2018-03-22

Lifecycle of Bureaucracy
Solutions are only possible outside these ossified, self-serving centralized hierarchies. Correspondent Dan F. asked me to reprint some posts on solutions to the systemic problems I've outlined for years, most recently in How Much Longer Can We Get Away With It? and Checking In on the Four Intersecting Cycles. I appreciate the request, because it's all too easy to dwell on what's broken rather than on the difficult task of fixing what's broken.

Read More »

Is Profit-Maximizing Data-Mining Undermining Democracy?

2018-03-21

by

2018-03-21

Dominance of Google and Facebook, 2014 - 2015
As many of you know, oftwominds.com was falsely labeled propaganda by the propaganda operation known as ProporNot back in 2016. The Washington Post saw fit to promote ProporNot's propaganda operation because it aligned with the newspaper's view that any site that wasn't pro-status quo was propaganda; the possibility of reasoned dissent has vanished into a void of warring accusations of propaganda and "fake news" --which is of course propaganda in...

Read More »

The Boom Reality of Uncle He’s Globally Synchronized L

2018-03-21

by

2018-03-21

China GDP, Apr 1993 - Mar 2018
Top Chinese leadership is taking further shape. With Xi Jinping’s continuing consolidation of power going on right this minute, most of the changes aren’t really changes, at least not internally. To the West, and to the mainstream, what the Chinese are doing seems odd, if not more than a little off. Unlike in the West, however, there is determined purpose that is in many ways right out in the open. Many here had been expecting that outgoing PBOC...

Read More »

How can banks be used to stop human trafficking? | The Economist

2018-03-20

by

Human trafficking is devastating for the victims but low-risk for the criminals, whose activities are largely hidden from view. To disrupt it, law enforcement is turning to some unlikely new partners—banks. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 German police raid homes across the country as part of a move to take …

Read More »

Emerging Markets: Preview of the Week Ahead

2018-03-20

by

2018-03-20

EM ended Friday under renewed selling pressures, and capped off a mostly softer week. COP, THB, and TWD were the best performers last week, while TRY, RUB, and ZAR were the worst. Despite a widely expected 25 bp hike, this week’s FOMC meeting still has potential to weigh on EM.

Read More »

US Industry Experiences The Full 2014 Again in February

2018-03-20

by

2018-03-20

US Industrial Production, Jan 2006 - 2018
In February 2018, it was like old times for the US industrial sectors. Prior to the 2015-16 downturn, the otherwise moribund economy did produce two genuine booms. The first in the auto sector, the other in energy. Without them, who knows what the no-recovery recovery would have looked like. They were for the longest time the only bright spots.

Read More »

Bi-Weekly Economic Review

2018-03-19

by

2018-03-19

Bob Williams and Joseph Y. Calhoun talks about Bi-Weekly Economic Review for March 15, 2018.

Read More »

Emerging Markets: What Changed

2018-03-19

by

2018-03-19

Hong Kong may impose a tax on unsold apartments as an effort to increase supply and cool off the housing market. Bank of Israel’s MPC had a split vote last month for the first time in three years. South Africa President Ramaphosa said the ANC wants Julius Malema of the opposition EFF to rejoin the party. Former South Africa President Zuma will face trial on 16 criminal charges.

Read More »

Checking In on the Four Intersecting Cycles

2018-03-18

by

2018-03-18

Intersection of Four Long-Term Cycles, 1900 - 2020
Correspondent James D. recently asked for an update on the four intersecting cycles I've been writing about for the past 10 years. Here's the chart I prepared back in 2008 of four long-term cycles: 1. Generational (political/social).2. Price inflation/wage stagnation (economic). 3. Credit/debt expansion/contraction (financial). 4. Relative affordability of energy (resources).

Read More »

How Much Longer Can We Get Away With It?

2018-03-18

by

2018-03-18

Debt Securities and Loans, 1960 - 2018
Alas, fakery isn't actually a solution to fiscal/financial crisis.. This chart of "debt securities and loans"--i.e. total debt in the U.S. economy--is also a chart of the creation and distribution of new money, as the issuance of new debt is the mechanism in our financial system for creating (or "emitting" in economic jargon) new currency: when a bank issues a new home mortgage, for example, the loan amount is new currency created out of the...

Read More »

Charles Hugh SMITH: ALERT USAS DAY OF ECONOMIC RECKONING 2017

2018-03-18

by

Please click above to subscribe to my channel Thanks for watching! clif high halfpasthuman.com fighting against buttheads is our hobby no censorship predictive linguistics web bots woo woo. Please Click Below to SUBSCRIBE for More Special Report Radio Subscribe vesves More Videos: Thank for watching, Please Like Share And SUBSCRIBE!!! #dollarcollapse2017,. ALERT ! ! ! …

Read More »

Putin’s games with the West | The Economist

2018-03-17

by

As presidential elections take place in Russia, chess grandmaster Garry Kasparov talks about the games President Putin is playing with the West. Click here to subscribe to The Economist on YouTube: http://econ.st/2GBpCOs Daily Watch: mind-stretching short films throughout the working week. For more from Economist Films visit: http://econ.st/2GDXPxf Check out The Economist’s full video catalogue: …

Read More »

Three Months Now of After-Harvey Retail Sales; or, The Boom Narrative Goes Boom

2018-03-17

by

2018-03-17

US Retail Sales, Jan 2014 - Mar 2018
If indeed this inflation hysteria has passed, its peak was surely late January. Even the stock market liquidations that showed up at that time were classified under that narrative. The economy was so good, it was bad; the Fed would be forced by rapid economic acceleration to speed themselves up before that acceleration got out of hand in uncontrolled consumer price gains. On February 1, the Atlanta Fed’s GDPNow tracking model was moved up to...

Read More »

Rex Tillerson, “You’re fired!”, Cartooned | The Economist

2018-03-16

by

After Rex Tillerson’s firing, our cartoonist KAL imagines how President Donald Trump might make foreign-policy decisions. Click here to subscribe to The Economist on YouTube: http://econ.st/2GBpCOs Daily Watch: mind-stretching short films throughout the working week. For more from Economist Films visit: http://econ.st/2GDXPxf Check out The Economist’s full video catalogue: http://econ.st/20IehQk Like The Economist on Facebook: …...

Read More »

China’s Questionable Start to 2018

2018-03-16

by

2018-03-16

China Industrial Production, Feb 1999 - 2018
The Chinese government reported estimates for Industrial Production, Retail Sales, and Fixed Asset Investment (FAI) for both January and February 2018. The National Bureau of Statistics prepares and calculates China’s major economic statistics in this manner at the beginning of each year due to the difficulties created by calendar effects (New Year Golden Week).

Read More »

Les banques centrales financées par les banques commerciales

2018-03-16

by

2018-03-16

Vincent Held continue à présenter des extraits dans cette 3ème et dernière vidéo. Les 3 vidéos se trouvent sur le site de Planètes 360. Cette vidéo fait suite à celle sur le marché REPO.

Read More »

There is No “Free Trade”–There Is Only the Darwinian Game of Trade

2018-03-15

by

2018-03-15

Corporate Profits After Tax, 1950 - 2018
Rising income and wealth inequality is causally linked to globalization and the expansion of Darwinian trade and capital flows. Stripped of lofty-sounding abstractions such as comparative advantage, trade boils down to four Darwinian goals: 1. Find foreign markets to absorb excess production, i.e. where excess production can be dumped. 2. Extract foreign resources at low prices. 3. Deny geopolitical rivals access to these resources.

Read More »

Illegal ivory: where does it come from, where does it go? | The Economist

2018-03-14

by

The illegal ivory trade is big business. A single shipment can be worth up to $1.3m. The vast majority of ivory poached in Africa ends up in China. Click here to subscribe to The Economist on YouTube: http://econ.st/2GrYOQX Elephant poaching is most prolific in two areas of Africa, the savannas of Mozambique and Tanzania, in …

Read More »

Bi-Weekly Economic Review: The New Normal Continues

2018-03-14

by

2018-03-14

There has been a lot of talk about the economic impact of the recent tax reform. All of it, including the analyses that include lots of fancy math, amounts to nothing more than speculation, usually informed by little more than the political bias of the analyst. I am guilty of that too to some degree but I don’t let my personal political views dictate how I view the economy for purposes of investing.

Read More »

China Prices Include Lots of Base Effect, Still Undershoots

2018-03-13

by

2018-03-13

China Price Stability, Feb 1996 - 2018
By far, the easiest to answer for today’s inflation/boom trifecta is China’s CPI. At 2.9% in February 2018, that’s the closest it has come to the government’s definition of price stability (3%) since October 2013. That, in the mainstream, demands the description “hot” if not “sizzling” even though it still undershoots. The primary reason behind the seeming acceleration was a more intense move in food prices.

Read More »