We have recently written several essays about the fallacious concept of Gross Domestic Product. Among GDP’s several fatal flaws, it goes up when capital is converted to consumer goods, when seed corn is served at the feast. So we proposed—and originally dismissed—the idea of a national balance sheet.
Read More »
Tag Archive: rising liability
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
USD/CHF Technical Analysis: Sluggish below 100-DMA, 38.2 percent Fibonacci
2 days ago -
USD/CHF Technical Analysis: 38.2 percent Fibonacci, 200-DMA doubt pullback from monthly low
4 days ago -
SNB entbindet zwei Bilanzpositionen der Unterlegungspflicht
3 days ago -
USD/CHF hammered down to sub-0.9900 levels, 2-week lows
4 days ago -
2019-12-03 – Amendment of National Bank Ordinance
5 days ago
Main SNB Background Info
Featured and recent
-
FX Daily, December 6: And Now for the Employment Report
-
More Signals Of The Downturn, Globally Synchronized
-
Upward pressure on equity volatility mitigated by fund flows
-
Core sovereign bonds 2020 Outlook
-
Largest Gold Nugget in Britain Found in River in Scotland – “Experts” Concerned About a Scottish Gold Rush
-
Blue Laws: Consumers, Not Capitalists, Are the Reason We’re Working on Sunday
-
USD/CHF Technical Analysis: Sluggish below 100-DMA, 38.2 percent Fibonacci
-
French strike disrupts rail traffic with Switzerland
-
All Signs Of More Slack
-
Costs Are Spiraling Out of Control