Excessive leverage and risk in the financial system, e.g., using customer funds to speculate, never ends well. Stock market crashes, bank and investment firm failures or economic recessions are all potential consequences. Following the failure of the United States to regulate over the counter (OTC) derivatives...
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Ron Hera
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Fri, Nov 16 2012
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Filed under: Federal reserve, CPI, deflation, inflation, GDP, IMF, Great Depression, CDS, unemployment, debt monetization, too big to fail, International Monetary Fund, Gross Domestic Product, Consumer Price Index, MBS, mortgage backed securities, over the counter derivatives, European Central Bank, ECB, Baltic Dry Index, sovereign default, bank failure, credit default swaps, BDI, monetary policy, OMT, recession, stock market crash, liquidity, QE3, quantitative easing III, systemic collapse, outright monetary transactions, market intervention, stagflation, tax increases, austerity measures, savings, U.S. Treasury, bank credit, stagnation, economic opportunity, Federal Reserve Chairman Ben Bernanke, instability, entrepreneurship, public funds, jobs, financial crisis, operation twist, bond yields, living standards, financial repression, Carmen M. Reinhart, OTC derivatives. Glass-Steagall Act, interest rates, net loss, middle class, consumer incomes, innovation, economic recovery
Well I wrote some weeks or so ago. that it does not makes sense to follow the "writings" about the gold price. It does also make no sense, to do so for stocks. The problem is the markets are very dysfuntional, because of the number of monopolies and the sheer amount of debts. No one can deny...
well the stupidity and arrogance of our current elites are working toward the GD II. The central banker of today claim that they've learned form history. This is a plain lie. It's very eay before GD I the manipulations started. Easier credit and establichment of the FED (1913). And what happens...
The Hera Research Newsletter is pleased to present a fascinating interview with Martin A. Armstrong, founder and former Head of Princeton Economics, Ltd. In the 1980s, Princeton Economics became the leading multinational corporate advisor with offices in Paris, London, Tokyo, Hong Kong and Sydney and...
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Hera
by
Ron Hera
on
Sun, Jul 1 2012
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Filed under: Euro, Great Depression, U.S. dollar, MBS, mortgage backed securities, Long Term Refinancing Operation, British pound, Federal Deposit Insurance Corporation, European sovereign debt crisis, SIPC, LTRO, LTCM, European Central Bank, EFSF, Securities Investor Protection Corporation, Long Term Capital Management, European Financial Stability Fund, EFSM, European Financial Stabilization Mechanism, Japanese yen, Federal Reserve System, FDIC, ECB
There's much to be said about the current financial crisis. At the heart of this, as every Austrian knows, is the fault the US government holds for creating the current situation through its central bank and its inflationary policy. This fundamental economic truth cannot be stated enough. Ignorance...