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Même si l’économie se stabilisait, elle laissera des millions de personnes au chômage de manière plus ou moins permanente. Ajoutez à cela les personnes travaillant à temps partiel, et celles qui cherchent un emploi depuis si longtemps qu’on ne les compte même plus, ainsi que leurs familles — et on a un quart de la population sans argent à dépenser.
\x0aHenri Lepage confirme qu’il est un des observateurs les plus subtils de la réalité économique de notre temps
\x0aThe number of Americans filing personal bankruptcies surged 9% in October and were on target for the highest annual total in four years, according to a report issued Wednesday.
\x0afantastic compilation of climate realism based works
\x0aIf Al Gore gets his way and governments undertake drastic measures to counter the fear of global warming, then Al Gore gets rich. It makes one wonder what his real motive is.
\x0aWhat separates Rand Paul from most other libertarian candidates (including his father) is that (…) Along with tremendous intellectual heft, Rand is a polished public speaker with a professional presence. In short, he is an ideal candidate for the libertarian cause. Rand Paul can sell the libertarian platform in a way that doesn’t sound crazy to the traditional Kentucky voter.
\x0aIn all, banks stand to lose $200 billion to $300 billion on commercial real estate loans, estimates Richard Parkus, head of commercial real estate debt research at Deutsche Bank Securities.
\x0aTreasury Department officials said Wednesday they’re working closely with Congress to pass the legislation needed to boost the debt ceiling, currently at $12.1 trillion, and avoid an unprecedented default on the nation’s debt obligations.
\x0aCes nouvelles exigences fournissent surtout au gouvernement un moyen de forcer les banques à avaler ses nouvelles émissions obligataires. Plutôt que d’avoir à trouver des créditeurs étrangers, les gouvernements des Etats-Unis et du Royaume-Uni auront un marché captif dans leur propre secteur financier.
\x0aThis unraveling may not occur for a while, as easy money can push asset prices higher for a while. But the longer and bigger the carry trades and the larger the asset bubble, the bigger will be the ensuing asset bubble crash. The Fed and other policymakers seem unaware of the monster bubble they are creating.
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