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http://globaleconomicanalysis.blogspot.com/

http://globaleconomicanalysis.blogspot.com/

Lazlo doesn't lead. He's back of the pack. baaaa! baaaa! baaaaaaa!!! Black sheep, black sheep, have you any wool? Yes sir, yes sir, three bales full. Black swan, black swan, have you any viewers? No sir, no sir...okay, maybe someone who looks like Taleb, but Abby Joseph...

http://www.miamiherald.com/business/breaking-news/story/1183857.html Foreclosures up 7% in 30 days, 32% YoY; "Lenders Overwhelmed." Gee, and only after taxpayers gave trillions. How much more will they need?

http://www.miamiherald.com/business/breaking-news/story/1183857.html Foreclosures Rise 7 Percent in July From June Filed at 12:02 a.m. ET 13 minutes ago WASHINGTON (AP) --The number of U.S. households on the verge of losing their homes rose 7 percent from June to July, as the...

Check out how INCREDIBLY BUBBLE-LICIOUS banking valuations are, based on government approved and encouraged fraudulent accounting measures (most banks are giant pieces of shit on valuation, they will implode next, despite all the gov't intervention at a huge expense to date - unbearable expense...

http://www.bloomberg.com/apps/news?pid=20601039&sid=a04oVutXQybk Next Bubble to Burst Is Banks’ Big Loan Values: Jonathan Weil Share | Email | Print | A A A Commentary by Jonathan Weil Aug. 13 (Bloomberg) -- It’s amazing what a little sunshine can accomplish. Check out the...

You have to consider that any expectation of wage inflation must be severely tempered because of the globalization of the economy. We will not likely see wage-push inflation, or even wages as a contributing element inflation, in the U.S., in our lifetimes - not in an era of overcapacity...

Rampant inflation with wage stagnation or deflation and high unemployment is not going to boost earnings. Sorry. Never will happen. Just the opposite.

Same here. I have to hit back key to load anything on ET EXCEPT FOR the flash ads.

Real unemployment rate is 19%. Economy blows. If media and gov't don't successfully spin "everything is fine" line to get people to keep buying shit, we'll be in immediate death spiral. Money will stop circulating, and panic will ensue. It's inevitable, anyways. It's just a matter of...

I'm not the brightest bulb, but I know enough to know that idiocy is in full bloom with CFC inflating car prices to MSRP, talk of 'cash for clothing' looming, and the stock market not correcting amidst terrible economic fundamentals. Things like this always end badly. Very badly.

+1

http://www.bloomberg.com/apps/news?pid=20601087&sid=axsovog3CuAE Home Prices Declines Accelerate in Second Quarter (Update1) Share | Email | Print | A A A By Kathleen M. Howley and Brian Louis Aug. 12 (Bloomberg) -- Home price declines in the U.S. accelerated in the second quarter...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aSYyB7dKTJRQ

I'm not being sarcastic or coy, but a short response can dispatch of the above sentiment quickly: History is replete with once wealthy nations that made that critical turn where "the children no longer lived better than their parents." The roadside of history is replete with the skeletal...

The fact her salary plunged by 2/3rd's is the notable point here. She has no more liquid assets than she's shown.

Thanks for this post. Records are being smashed every day, every week and every month; records that augment my hypothesis that we've breached or are approaching Great Depression II. The evidence doesn't lay in one data point. The evidence is in the cumulative data.

I'm still waiting for a coherent, rational, direct response to this question. Some of you have parried and bobbed, like a prize fighter, weaving and ducking, barely touching upon it, but none have landed any solid jabs, hooks or uppercuts. I'm being serious; I believe we're headed for a...

Thanks, Pastor Rennick. To make things short and sweet, everyone, grab the ass cheeks, and spread wide, because Big Welfare Stimulus is going to ram a fat 14" tuber up your brownspot. A country that makes less and less, and borrows more and more, and grows government...well, that's not...