Tag: interview

September 3, 2012 0

Most Economically Illiterate Journalist In History Proposes "Gold is Backed by Nothing, but US Dollar Backed by Federal Reserve"

By News Desk

Most Economically Illiterate Journalist In History Proposes "Gold is Backed by Nothing, but US Dollar Backed by Federal Reserve" Congratulations to Canadian journalist Bridget Brown, a CTV news field reporter for being the most economically illiterate TV journalist in history. Brown proposes gold is not backed by anything but the US Dollar is backed by the Federal Reserve which will be around a year from now

September 3, 2012 0

Asia Export Machine Cracks Wide Open: South Korea Production Falls at Fastest Rate in Eight Months; Taiwan Exports Deteriorate Sharply; Global…

By News Desk

Input and output prices fall in line with weaker demand Summary Weaker national and international demand led to a third successive fall in output at manufacturing firms in Taiwan.

September 3, 2012 0

China New Export Orders Drop Most Since March 2009, Operating Conditions Down 10th Consecutive Month; China’s Export Machine Grind to a Halt

By News Desk

The HSBC China Manufacturing PMIâ„¢ shows Manufacturing sector operating conditions worsened at the sharpest rate in 41 months. Summary August data signalled a renewed decline in Chinese manufacturing output, as new business decreased at the sharpest rate in nine months

September 1, 2012 0

Foreclosure Stats From You Walk Away

By News Desk

19 Says Maddux In Florida, 45% of our clients are in pre-foreclosure status. On average, these Florida homeowners are 17 months delinquent and have yet to receive even their first formal foreclosure notice.

September 1, 2012 0

Brussels Pushes for Another "All Powerful" Banking Committee, Headed by ECB, In Spite of Objections by ECB and Germany

By News Desk

View the original here: Brussels Pushes for Another "All Powerful" Banking Committee, Headed by ECB, In Spite of Objections by…

August 31, 2012 0

China, Germany to Settle More Trade in Yuan, Euros; What’s That Mean for Gold, the Dollar?

By News Desk

Inquiring minds note China, Germany Plan to Settle More Trade in Yuan, Euros . Germany and China plan to conduct an increasing amount of their trade in euros and yuan, the two nations said in a joint statement after talks between Chancellor Angela Merkel and Chinese Premier Wen Jiabao in Beijing on Thursday

August 31, 2012 0

Reader Questions On Hyperinflation; Would Printing $50 Trillion Tomorrow Do Anything?

By News Desk

Jeff Harding at the Daily Capitalist asks Why Does Hyperinflation Occur? In every modern case of hyperinflation the decision to inflate was a political one, not an economic one

August 30, 2012 0

Eurozone Retail Sales Decline 15th Month, Plunge Led by Italy, France; German Sales Contract Slightly

By News Desk

See more here: Eurozone Retail Sales Decline 15th Month, Plunge Led by Italy, France; German Sales Contract Slightly

August 30, 2012 0

Governor Brown Admits the Obvious "We Have Lived Beyond Our Means"; Brown Agrees to Vast Overhaul of the California’s Pension System; Unions…

By News Desk

Link: Governor Brown Admits the Obvious "We Have Lived Beyond Our Means"; Brown Agrees to Vast Overhaul of the California’s…

August 30, 2012 0

Economist Fired for Expressing Opinions on Max Keiser Show; Errors in Observation

By News Desk

For a short, yet thorough trashing of Bernanke’s defense of his policies, please see Mish Translation of Bernanke’s Statements on the Treasury Carry Trade and the Tax on Savers . The only way to fix the problem is to end fractional reserve lending and return to sound money. On this point the Austrians are 100% correct.