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re-recession

Seizing The Dirt Shirt Title

By |2021-01-05T19:16:33-05:00January 5th, 2021|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

In mid-December 2019, before the world had heard of COVID, China’s Central Economic Work Conference had released a rather startling statement for the world to consume. In the West, everything was said to be on the up. Central banks had responded, forcefully, many claimed, more than enough to deal with that year’s “unexpected” globally synchronized downturn.This view had been punctuated [...]

Throwing in the Towel On Japan

By |2014-11-11T16:26:28-05:00November 11th, 2014|Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

In what can only be an intentional trial balloon, the Abe government in Japan is making noise about delaying the next scheduled tax increase. Considered to be one of the important “arrows” in Abenomics, this is an especially stark admission that orthodox economics has not (yet again) delivered on its promise. When QQE was started in April 2013, there were [...]

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