Daily Archive: Thursday, December 10, 2009

Updated: 7 Deadly Innocent Frauds

Link: Seven Deadly Frauds of Economic Policy (June 17, PDF Link) Order 7 Deadly Innocent Frauds of Monetary Policy $19.95 and Free Shipping in the Continental US! ...Read More


[Skip to the end] Notice the order of importance with the reasons given for the recovery. Unemployment still over 8%. Fiscal seems well targeted (with the possible exception of employment?). Swedish Unemployment Falls as Economic Recovery Continues By Johan Carlstrom Dec. 10 (Bloomberg) — Swedish unemployment fell in November after the economy ...Read More

China News

[Skip to the end] Sounds like the risk is that China starts judging it’s lending on finance rather than further public purpose. Interesting how both are discussed. HIGHLIGHTS China’s central bank says to manage credit pace after lending spree Survey indicates better job prospect Banking authority reitertates credit quality, pace control China’s ...Read More

Chinese economist sounds off on US monetary policy

[Skip to the end] Right, this is the nonsense that’s been moving the speculators and portfolio managers, but not the underlying fundamentals. If an asset inflation does materialize it will be for an entirely different reason. >    >   (email exchange) >    >   On Wed, Dec 9, 2009 at 2:03 PM, wrote: >    Yesterday, U.S. ...Read More