May 28, 2011
in Canadian, Obama, future, government, news and updates, oil, peak oil, politics, protectionism, resources, theories, world order
Any American who looks at Canada and sees a mere reflection of the U.S. (or who thinks they already “understand” Canada or know all they need to know about it) is not only predictably ignorant but just as predictably rude. Apologies to the offended – please, do go on and prove that you are the [...]
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February 9, 2011 · 3 comments
in Obama, Obama Effect, US economy, bailout, bankruptcy, debt, government, news and updates, politics, stimulus, unemployment
Now we know that a whopping 32 states are officially bankrupt, and that apparently, the US government has been engaged in shadow bailouts of these states, i.e., “giving them money under the table.”
In addition, all that money that states borrowed from the Federal government in order to continue to pay unemployment benefits? Now they won’t [...]
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February 6, 2011 · 1 comment
in 2011, Africa, Egypt, February, Middle East, collapse, economics, emergencies, emerging markets, food, forecasts, foreign investment, forex, frontier markets, indicators, inflation, infrastructure, market reports, news and updates, politics, unemployment
The other day, a reader reminded me of the post I wrote a year and a half ago on the coming double-digit inflation. More and more, lately in the news we hear snippets about inflation cropping up in the food prices around the world. Yet inflation is still almost taboo to talk about inside the [...]
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April 28, 2010 · 3 comments
in Greece, bailout, banks, capitalism, central banks, credit, currencies, debt, economy, ethics, europe, foreign investment, government, interest rates, international economy, legislation, market reports, news and updates, politics, recession, regulation, risk, sovereign debt, taxes, world order, world reserve currency
If you’re in the U.S., you may be justified in blaming your banking industry (you definitely are), but just make sure that you know you’re talking specifically about U.S. banks. Not all banks around the world screwed everyone over.
Let me remind you that banking cultures are very different around the world. They don’t all set [...]
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January 26, 2010 · 4 comments
in 2010, DJIA, Federal Reserve, Obama Effect, S&P 500, VIX volatility, banks, central banks, earnings, economics, economy, market reports, market trends, news and updates, politics, recession, special dates, stocks
State of the (Economic) Union 2010: is political news now a leading indicator of stock markets?
I can’t remember where I read it recently, perhaps even in the End of Influence, but the consensus among some who know more about it than I do is that stock markets, and most notably the U.S. stock market in [...]
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January 25, 2010 · 5 comments
in Asia, China, G20, Latin America, US economy, capitalism, central banks, economics, economy, emerging markets, foreign investment, future, international economy, politics, preparedness, protectionism, reviews, wealth transfer, world order
As soon as I saw this title on the bookshelf, it caught my eye. Since I’ve been trying to curb my spending, I just skimmed it and put it back. Well, I returned a week later and decided to buy it after skimming it again.
I’m not finished with the book yet (although it’s just a [...]
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[N.B.: Dear Peter; as a regular listener of your weekly radio show and vlog, I wanted to say that I appreciate the work you've done. Although not everyone may agree or even want to listen to what you have to say, I respect the consistency and logic of your arguments, which is quite refreshing admist [...]
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