The Deflation Menace
• Lewrockwell.comDedicated readers of The Wall Street Journal have recently been offered many dire warnings about a clear and present danger that is stalking the global economy.
Contents Pages by Subject
Economy - International
China's princelings storing riches in Caribbean offshore haven
• http://www.theguardian.com, By James BallRelatives of political leaders including China's current president and former premier named in trove of leaked documents from the British Virgin Islands
‘Too big to fail’ banks are going back to the casino with your money
• globalpost.comAnalysis: Don't waste your time on the Davos forum, which kicks off this week. A bigger economic story already happened in another Swiss town, Basel, where the banks just won huge.
A Comedy Of IMF Forecasting Errors: Global Trade Growth Tumbles More Than 50%...
• zerohedge.comThe comedy of errors that are IMF forecasts is well known: it was covered most recently in "Hilarious Charts Of The Day: IMF's "Growth Forecasts" Over Time."
The $23 Trillion Credit Bubble In China Is Starting To Collapse – Global Financial Crisis Next?
• http://chrisinmaryville.net/Did you know that financial institutions all over the world are warning that we could see a “mega default” on a very prominent high-yield investment product in China on January 31st? We are being told that this could lead to a cascading collapse of
"Two Roads Diverged" - Wall Street's Doubts Summarized As "The Liquidity Tide Rec
• Zero HedgeTwo Roads Diverged As we know, it has been a suspect week with a variety of earnings misses. Although I have been constructive on risk asset markets generally, equities anecdotally, as figured year end push for alpha desires could let it run into y
Good Timing! Financial Times Affirms the Canadian Real-Estate Bust
• The Daily BellLooks like we interviewed Seth Daniels at just the right time.
Jim O’Neill: Global income redistribution could be coming
• CNBC.ComWith discussion of income inequality reaching a fever pitch—from New York City Mayor Bill de Blasio's "tale of two cities" message to the headline-grabbing sermons of Pope Francis—former Goldman Sachs asset management chairman Jim O'Neill believes th
Why Italian And Spanish Bonds Are Near Record Low Yields (In One Greater-Fool Chart)
• http://www.zerohedge.com, Tyler DurdenAs global central bankers appear set on a game of inter-continental reach-around, the Japanese - printing press handle in hand - have taken the lead.
“Taxes are expropriation”
• lewrockwell.comThe anarcho-libertarian economist Hans-Hermann Hoppe argues for a state-free society. Where government has, for example, no right to compel the citizens to pay taxes to finance armed forces.
China surpasses US as world's largest trading nation
• The GuardianBusiness International trade China surpasses US as world's largest trading nation Beijing describes 2013 figures as 'a landmark milestone' as annual trade in goods passes the $4tn mark for the first time Share 2156 7
Gods of Money with Richard Moore
• arcleinThe most profitable of all central bank activities has been the financing of major wars, particularly the two World Wars. When nations are engaged in warfare, with their very survival at stake, the governments stretch their resources to the limit in
They Give Awards For That?!
• zerohedge.comThe “Ig Nobel Prize” is parody of the Noble Prize that is awarded every year for the most trivial scientific achievement. (‘ig’ is short for ‘ignoble’)
IMF paper warns of 'savings tax' and mass write-offs as West's debt hits 200-year high
• The TelegraphMuch of the Western world will require defaults, a savings tax and higher inflation to clear the way for recovery as debt levels reach a 200-year high, according to a new report by the International Monetary Fund.
'Chance of a Century': International Investors Flock to Tehran
• http://www.spiegel.de, By Susanne KoelblSince the West reached a landmark deal with Iran on its controversial nuclear program late last year, many Iranians are hoping for an end to sanctions. Western companies are also gearing up do big business.
It's Getting Congested: The World's "Three Handle" Ten Year Bonds
• http://www.zerohedge.com, Tyler DurdenForget "the 1%-ers", meet the 3%-ers.
GLOBAL PMI DAY...
• http://www.businessinsider.com, Rob WileGLOBAL PMI DAY: 15 OF 23 NATIONS REPORT ACCELERATED MANUFACTURING GAINS
The Trends To Watch For In 2014
• zerohedge.comAt the beginning of this year (2013), I identified eight key dynamics that will play out over the next two to three years (2013-2015):
Russian Banks Buy 181.4 Tons Of Gold In 2013
• zerohedge.comWith headlines crowing of gold's worst year since 1981 as a signal that the status quo is winning and proof positive that fiat-currency naysayers must be wrong, it would appear that the rest of the world's central banks (and banks) have used the pric
REFILE-PRECIOUS-Gold slips, set for biggest annual loss in 32 years
• Reuters* Gold under pressure from firm equities * SPDR gold holdings fall 3 tonnes on Friday * Nov. China imports from Hong Kong down 42 pct
The New New Great Game: Geography, Energy, The Dollar And Gold
• zerohedge.comSir Halford Mackinder’s 1904 speach in which he outlined his “Heartland Theory” was a founding moment for geo-politics.
Tracking IMF Money Manipulation to Pakistan and Beyond
• thedailybell.comThe Nation magazine recently posted a small articled entitled, "Pakistan gets second tranche of $553.5m from IMF."
Now China ... Reasons for Printing Money Abound
• thedailybell.comChina move calms credit concerns ... Chinese authorities have been trying to curb excessive lending ... China's central bank has pumped $5bn (£3.1bn) into the banking system to ease concerns over a credit squeeze that has caused rising interest rates
me A Year Later, The Bundesbank Has Repatriated Only 37 Tons Of Gold (Of 700 Total)
• zerohedge.comProcuring physical gold seems to be a rather problematic and time-consuming process, as the Bundesbank is learning.
Bitcoin Thoughts
• arcleinBringing together such a diverse group is necessary because Bitcoin—as a money that can eventually intermediate all economic exchange—touches so many aspects of our lives. To really understand it requires knowledge from at least four fields of study,
Nigel Farage defends Godfrey Bloom as Bloom is expelled from EU (video)
• Daily Paul.comNigel Farage defends Godfrey Bloom as Bloom is expelled from EU (video)
Meet The New Bundesbank Hawk At The ECB
• zerohedge.comFollowing Joerg Asmusen's somewhat surprisingly short 2-year stay at the ECB, stepping down as board member to become Germany's secretary of state for labor, the voice of economic reason in Europe has proposed 49-year-old female Sabine Lautenschlaege
Dent, Faber, Celente, Maloney, Rogers – What Do They Say Is Coming In 2014?
• Lewrockwell.comSome of the most respected prognosticators in the financial world are warning that what is coming in 2014 and beyond is going to shake America to the core.
The Pope's Economics
• http://www.lewrockwell.com, By Thomas E. Woods Jr.I agree that it is preposterous to call the Pope a Marxist.
Ireland exits bailout with warnings of more austerity
• AFPIreland on Sunday formally exits its three-year bailout program, becoming the first eurozone nation to do so, but authorities warned of further austerity to ensure economic recovery.
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