bubbles


The Punch Bowl Stays

By Peter Schiff Euro Pacific Capital June 9, 2015   The Punch Bowl Stays   It is well known that I don’t think much of the ability of government officials to correctly forecast much of anything. Alan Greenspan and Ben Bernanke have made famously clueless predictions with respect to stock and housing bubbles, and rank and […]

Peter Schiff

2010 Flashback: Ron Paul Questions Geithner on Austrian Business Cycle Theory

  Source: http://www.economicpolicyjournal.com By Robert Wenzel 2010 Flashback: Ron Paul Questions Geithner on Austrian Business Cycle Theory   Ron Paul: So my question is, are you familiar with the explanation of the Austrian economists, of the business cycle, how bubbles are formed and what we should do, and you shake your head yes, and if […]

5-24-2014 6-30-47 PM

bubble-cc1

Malinvestment: “Today’s asset bubbles in stocks, junk bonds, housing, art, bat guano futures, etc. are being driven by the Federal Reserve”

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino Malinvestment: “Today’s asset bubbles in stocks, junk bonds, housing, art, bat guano futures, etc. are being driven by the Federal Reserve”     Malinvestment is a very important concept to understand. It simply means the allocation of capital in ways which appear to be (and may be) rational in […]


Janet Yellen’s Bathtub Economics: Excuse Me Doctor—There’s Bubbles In That Tub!

  Source: http://www.lewrockwell.com By David Stockman David Stockman’s Contra Corner Janet Yellen’s Bathtub Economics: Excuse Me Doctor—There’s Bubbles In That Tub!   Some people are either born or nurtured into a time warp and never seem to escape. That’s Janet Yellen’s apparent problem with the “bathtub economics” of the 1960s neo-Keynesians. As has now been apparent for decades, the […]

US-NYSE-margin-debt_1990-2014_Mar

No Janet Yellen, The Economy Is NOT “Getting Better”

  Source: http://theeconomiccollapseblog.com By Michael Snyder No Janet Yellen, The Economy Is NOT “Getting Better”   On Tuesday, new Federal Reserve Chairman Janet Yellen went before Congress and confidently declared that “the economic recovery gained greater traction in the second half of last year” and that “substantial progress has been made in restoring the economy […]

Dogs-In-The-White-House-425x283