Guest post: Trying to throw our arms around the (sick) Chinese economy »

By Christopher Balding, Professor of Economics at Peking University, HSBC Business School, and blogger at Balding’s World. Throughout the Chinese stock market run up and subsequent collapse, the most fundamental question revolved around the robustness…

Aug 28 2015 / Read More »

FT Opening Quote – Jimmy Choo’s Cinderella shoe sales »

Jimmy Choo is not going to the ball with its shoe sales, despite the success of its Cinderella slipper. FT Opening Quote, with commentary by City editor Jonathan Guthrie, is your early Square Mile briefing. You can sign up for the full newsletter here.Continue…

Aug 28 2015 / Read More »

China’s ongoing FX trilemma and its possible consequences »

From UBS’s Tao Wang on what, post China’s surprise revaluation, is now an oft used phrase, the impossible trinity — AKA the corner…

Aug 28 2015 / Read More »

Refugees Expose Europe's Lack Of Decency »

Submitted by Raul Ilargi Meijer via The Automatic Earth blog, I want to say something about the issue of the refugees -never ever…

Aug 28 2015 / Read More »

Steve Keen on Economic Forecasts, Ponzi Schemes, GDP, China; One Way Streets and Poison »

Economic ForecastsEconomist Steve Keen pinged me in response to my post Regional Manufacturing Expectations From Mars.In that post,…

Aug 28 2015 / Read More »
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Further reading »

Elsewhere on Friday, - “To Merkel”, defined. - “The people who knew the most about the company, because they were running it, told themselves one story about Dole’s future, and told the special committee another story.” - Now the BoE is worried about bond market liquidity. -…

Aug 28 2015 / Read More »

FirstFT – Oil jumps most since 2008, Google comes out fighting and the meaning of Merkel »

Brent crude jumped $4.42 a barrel trading to settle at $47.56 Continue reading: FirstFT – Oil jumps most since 2008, Google comes out fighting and the meaning of Merkel

Aug 28 2015 / Read More »

Governance Matters »

Yves here. This post illustrates how dominant the neoliberal paradigm has become all over the world, and how it fails to acknowledge, much the less address, the well-known failings of markets, such as externalities. By Sunita Narain, the Director of Centre for Science and Environment…

Aug 28 2015 / Read More »

Lies You Will Hear As The Economic Collapse Progresses »

Submitted by Brandon Smith via, It is undeniable; the final collapse triggers are upon us, triggers alternative economists have been warning about since the initial implosion of 2008. In…

Aug 28 2015 / Read More »
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Yet Another Dispute Over GDP; What's Really on the Fed's Mind?

Disputes over GDP go on and on and on. MarketWatch reports By another measure, the U.S. economy was ho-hum in second quarter. There are two ways to compute how well the economy is doing.One is to tally…

Aug 28 2015 / Read More »

Guest Post: The Donald Exposed (A Reality Check For Trumpeteers)

Submitted by Jim Quinn via The Burning Platform blog, It is pure idiocy to support a man simply because he is outspoken, or says popular things, or has mastered the art of titillation. Have you people…

Aug 28 2015 / Read More »

Remembering The Summer Of 1929

Submitted by Jesse via The Burning Platform blog, This is one of the best documentaries on the Crash of 1929 if you wish to get a feel for the times.   You may find it interesting to watch the whole…

Aug 28 2015 / Read More »
How the U.S. is headed for a complete societal collapse! The most important film of all time!

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