private consumption

And Now For Something Completely Different

By |2018-05-16T12:02:10+00:00May 16th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Back in February, Japan’s Cabinet Office reported that Real GDP in Japan had grown in Q4 2017 for the eighth consecutive quarter. It was the longest streak of non-negative GDP since the 1980’s. Predictably, this was hailed as some significant achievement, a true masterstroke of courage and perseverance. It was taken as a sign that [...]

The Very Real, High And Ongoing Costs of Eurodollar Decay

By |2015-07-31T15:47:23+00:00July 31st, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

Sticking with purely financial expression of the eurodollar standard it is easy at times to forget such monetary influence has very real consequences. That is true in the US in particular, as even though the recovery is both deficient and waning it isn’t the disaster it is in other, connected places. It was, after all, [...]

Japan’s GDP Problem Extends In Both Temporal Directions

By |2014-08-14T12:03:48+00:00August 14th, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

This may be a more globally universal problem than specifically limited to just Japan, but since the Japanese have been encapsulated here by far the longest it has lost almost all meaning. At some point, there has to be a penetrating numbness that becomes downright debilitating which is why a degree of sympathy is called [...]