"The history of the U.S. dollar is linked to U.S. involvement in a series of wars." ~ Ron Hera; tradewar would likely be first
"Buying developed market sovereign bonds is akin to picking up nickels in front of a steamroller" ~ HS, Japan has 1% upside, and 99% downside risk
"The 15 hyperinflations in the 20th century, all had large government spending driven by public investment programs and populist policies’ ~ HistorySquared
- Civil wars, revolution, or deep social unrest often ignite hyperinflation, but central banks had already spread the kerosone
backwardation strategy #ETF, #tradingsystem ~ seekingalpha
"Why Nations Fail" on extractive politicians ~ economist mag
Do More in Less Time: Tips From an Efficiency Expert ~ Inc
Lesson for life: Famed boxing trainer Freddie Roach shows the basics of taking a Punch ~ cnbc
Causes and Patterns of Hyperinflation in the 20th Century ~ HistorySquared $$
Computer energy efficiency is following Moore’s law allowing for the usage of more sensors ~ Technology Review
Why YouTube Has Become an Important Intelligence Source ~ bloomberg
Obama sold Treasury bonds from his portfolio $TLT ~ bloomberg
The "Buffett Rule" raises $31 billion to pay for a $8.3 trillion cumulative budget deficit accumulated ~ zerohedge
Morgan Stanley says higher oil prices are starting to impact the market. twitter
Trade Policy Disaster: Lessons from the 1930s ~ HistorySquared
In July of 1962, Americans were forbidden by then president Kennedy to own gold abroad by Executive Order 11037
Crushing debts, economic revolutions, & extraordinary popular delusions? Britain on eve of Industrial Revolution ~ SSRN (PDF); interesting perspective, makes a bullish case for the U.S.
Naill Ferguson warns of sudden collapse of American ‘empire’ aspen daily news ~ both this, and the previous article make the same points, but come to different conclusions.
- “I think this is a problem that is going to go live really soon,” Ferguson said. “In that sense, I mean within the next two years.
nice use of the ggplot R graphical package ~ R bloggers
Pimco’s El-Erian "What Happens If Central Banks Fail?" ~ Pimco
Keynesian "Easy Money" Is Nothing But Currency Devaluation – Forbes
Price of Oil 1946-2012 ~ twitter; Right, there’s no inflation
Spanish Government Plans Ban On Online Protest Organizing – ibtimes ~ the hubris of policy makers is stupefying
Sweden’s secret recipe ~ Spectator ~ too bad they have a housing bubble
Sweden Finance Minister cut taxes permanently in response to crises, while Spain, Portugal, and the UK pushed through gov stimulus
Time to Exit Emerging Markets? ishares blog; no, last year was the time. Still no mention of percolating credit bubbles.
Brazil’s "gringo" problem: Brazilintel ~ It seems jingoism, with a hint of racism, is rising globally
In the last week, read HTC is getting crushed by Samsung, Apple uses Samsung screens, and now see this patent chart ~ twitter
Internet usage and global comparison chart.
#bankrun: “Deposit flight (from Chinese Banks) will limit banks’ ability to extend lending and support economic growth.” ~ bloomberg
"China accounts for about 50% of all global credit creation" ~ Bridgewater
Chinese Officialdom Indulges bloomberg
$Vale’s Ore Ships Stayed in Philippines Up to a Month bloomberg yet, yesterday they say there is demand for 100 supertankers
Can China avoid a hard landing – 39.1% yes, 60.9% no 1358 votes ~ creditwritedowns; China is experiencing a hard landing
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