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The Long Decline of The London Economist | Ron Unz – Writings and Perspectives
Ron Unz is…worth reading.
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"When Half a Million Americans Died and Nobody Noticed" | Ron Unz – Writings and Perspectives
This is astounding. I don’t even know what to say about it.
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Bond-CDS Negative Basis or How to Lose a Billion Dollars on a Trade « A Credit Trader
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Quote of the Day: The Rich Should Favor Stimulus | Mother Jones
I’m getting quoted all over!
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Dramatic Appreciation Of Gold Is Limiting It’s Upside – Business Insider
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TheMoneyIllusion » It’s not about credit, it’s about NGDP
;/
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Marin Katusa vs. Porter Stansberry on Oil Prices
Oil prices at $40?
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Greeks May Hold $510 Billion Trump Card in Renegotiation – Bloomberg
Posted from Diigo. The rest of my favorite links are here.
” :/ ” is right.
I worked as a Pharmacy Tech in High School (2000-2004) and Vioxx prescriptions that was filled daily. Scary.
“If we seek a contrasting case to these ideological and establishmentarian trends which have so afflicted The Economist over the last dozen years, an absolutely polar-opposite example comes to mind, in the person of columnist Paul Craig Roberts. As one of the most prominent free-market economists of the 1980s and 1990s, Roberts had served as Associate Editor of The Wall Street Journal and Assistant Treasury Secretary in the Reagan Administration. Until a decade ago, I suspect that his views on a whole range of issues and those of the Economist editors would have been reasonably close.
“But whereas the aftermath of 9/11 revealed how completely the once-independent Economist had become absorbed into the DC/NYC elite consensus, Roberts’ reaction was exactly in the opposite direction. Gradually becoming more and more outraged over the irrational and indeed criminal behavior of the Bush Administration and its sycophantic media enablers, Roberts soon became unwelcome within the same conservative establishment circles in which he had once held positions of the highest possible honor…”
Unz II
“My late friend Bill Odom, the three-star general who ran the National Security Agency for President Ronald Reagan, had spent his entire career as a Soviet specialist, and prior to his death we both concluded that the American mainstream media of the 2000s had become increasingly indistinguishable from the Soviet Pravda of the 1980s. Whether America itself can avoid the fate of its doomed Cold War counterpart still remains an open issue.”
I really like this Unz guy. We need to get him on the MMR train. I want Bruce Bartlett on the train too.
Nobody is long gold anymore, that trade is way too crowded
We’ve been in the distribution phase for some time, with a sideways direction in price
“Oh, that’s just consolidation for a big upward thrust due to fear of spiking inflation?” I don’t think so.
lol – that’s brilliant. But gold will tumble. It will get crushed. We don’t have enough inflation to justify it as an inflation hedge