- Search Metals Mine
- fierceman commented Sep 13, 2011
Maybe in some Keynesian parallel universe multipliers actually work...
Spooked into austerity, we dig our own economic grave
- fierceman commented Sep 12, 2011
Sorry to get back to you so late (thread is no longer "current"). However, I am not saying that the US government doesn't owe any money to other entities besides the Fed. I am saying that the notion that the government should owe any interest at all ...
Coming week market drivers: Bailout exhaustion or brinksmanship at the brink?
- fierceman commented Sep 12, 2011
I guess you've never driven a car made in a communist country...
China New Lending Rises 13.5% in August to 548.5 Billion Yuan, PBOC Says
- fierceman commented Sep 11, 2011
What about any losses? Interest on what debt? A portion of the tax revenue goes to servicing debt owed by the government to the central bank. So most taxpayers are paying interest on loans that were made to other (wealthier) people, with money that ...
Coming week market drivers: Bailout exhaustion or brinksmanship at the brink?
- fierceman commented Sep 11, 2011
I am very interested to see if the Japanese will take a similar approach in the near future, making CHF/JPY a very interesting pair.
China New Lending Rises 13.5% in August to 548.5 Billion Yuan, PBOC Says
- fierceman commented Sep 9, 2011
Sounds like you've got the necessary discipline...
Watch Jean Claude Trichet's On Air Meltdown
- fierceman commented Sep 8, 2011
I make 10% per minute and will be a quadrillionaire before my next post. You all suck.
Watch Jean Claude Trichet's On Air Meltdown
- fierceman commented Sep 6, 2011
krisware, how is he supposed to manage the US debt exactly?
Bernanke: US Banks' Net Exposure To Greece, Ireland, Portugal Manageable
- fierceman commented Sep 5, 2011
Glad he set the record straight.
EU Commission President denies Europe sliding into recession
- fierceman commented Sep 2, 2011
Government giveth and Government taketh away. Blessed be.
Two Down, Many More To Go - Bank Of America Sued For $31 Billion In Mortgage Losses
- fierceman commented Sep 2, 2011
Yeah, didn't look like too many shorts were taking money off the table.
Non-Farm Payrolls Flat – Dollar Down Against Safe Havens
- fierceman commented Sep 2, 2011
It has been uncontainable for a while now. It is now bordering on becoming undelayable though.
Non-Farm Payrolls Flat – Dollar Down Against Safe Havens
- fierceman commented Sep 1, 2011
Inflation is a form of default. Moreover, Greece doesn't have that option because it doesn't issue its own money. Greek default is a virtual certainty - it is only a matter of buying time so that banks can reduce their exposure, and time appears to ...
Greece Fails To Meet Its Targets – Yet Again And Again And…
- fierceman commented Aug 31, 2011
After the enormous success of the first 2 bailouts, it's only logical that a 3rd is on the way.
Greek Bailout #3 Coming? Barroso Working On 'New Greek Prgoram'
- fierceman commented Aug 31, 2011
The innovators have a slight advantage, but the imitators are always quick to catch up and make the innovators question whether their investment in innovation is really paying off. This lack of respect for intellectual property by the imitators ...
China Faces Upgrade-or-Die Deadline as Labor Supply Dwindles
- fierceman commented Aug 31, 2011
Aaron, working more hours is not the same as having more employment. If I can work 35 hours per week and out-produce someone that works 60 hours per week, then we are both employed, but I am much more productive and I have a higher standard of ...
China Faces Upgrade-or-Die Deadline as Labor Supply Dwindles
- fierceman commented Aug 30, 2011
This is one of the most misunderstood concepts in basic economics - that productivity gains somehow cause unemployment. While this may be true in the (very) short run, in the long run, productivity gains are highly correlated with high employment ...
China Faces Upgrade-or-Die Deadline as Labor Supply Dwindles
- fierceman commented Aug 30, 2011
Maybe because "consumers" already picked up everything they needed during the riots.
August sees continued drop in UK’s Consumer Confidence
- fierceman commented Aug 29, 2011
Drogba maybe, but not the rest of them.
The 10 Worst Central Bankers In The World