Video Casts
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Checking in from Casey Key, Florida
Checking in from Casey Key, Florida... likely to be winter quarters from now on. News from here is quiescent while news for financial markets suggest something will break soon.... | 3 March 2012
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EU nations (now addicted to leverage/alcohol) agree to meet at the Brussels Bar for drinks…
EU nations (now addicted to leverage/alcohol) agree to meet at the Brussels Bar for drinks between now and March, when they will decide who will pay. Highly unlikely until the Chinese international policeman comes by to give every country a breath test.... | 17 December 2011
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The Pile of Bad News… Often But Not Always A Bullish Sign (Think Brazil)
The US stock market ignores mounting bad news because the US has returned to its status as a safe, highly liquid haven with the demise of Europe and new doubts about China. But 'beware of Greeks bearing gifts.' These are temporary conditions evidence of... | 11 December 2011
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Political Announcements in Europe Violate Legal Financial Disclosure Standards
Political discussion in American has fallen below the level of bad comedy and political practice in Congress is in a coma. Most of the world thinks this behavior is of American making and they are attempting to quarantine the US to prevent the disease fr... | 1 November 2011
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Turn the Campaign Contribution Hose Onto Contenders, Not Incumbents
Campaign contributions are smothering selection of the best political leaders. Matching the power of incumbency with the ability to attract unlimited sums is corrosive leading to weaker leaders. Good people do not want to work in such a regime... a glan... | 22 October 2011
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Labels Count: This Is a Slight Depression, Not Recession
Recessions are business/consumption imbalances treated by Keynesian monetary and fiscal stimuli. They last a few quarters and leave the economy cleansed of most excesses of the previous periods. Depressions are a complex array of credit flaws, structura... | 15 October 2011
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Offer to earn lifetime careers, not give temporary jobs.
The US government does have a serious lorg term employment problem, but it is one that is not going to be solved this time by WPA-makework programs, whether offered by the GOP or Democrats. It will be solved when we combine new education, new industry an... | 13 October 2011
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The Best Investment Idea: It is not what you own that is important but how you own it.
The world has vastly over indebted the investment assets held for its citizens and is increasing the negative gap. Furthermore investors generally do not own their assets directly but do in electronic form in banks called street name, both commercial and... | 6 October 2011
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Money: the Root of All Political Evil
My few occasions to interact with Washington K Street lobbyists have found them in a rapid growth industry, regardless of the political tides. Obama startled everyone by raising $750mil to run for his first presidential term. He plans to raise $1B for h... | 8 September 2011
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Big Issues To Be Solved in Our Time
I was tempted to title this commentary as "Big Issues For Solution by Little People" but decided that was unsympathetic to the efforts of many well-meaning politicians, in the US and elsewhere, to become unstuck to money. However, in many countries the g... | 29 August 2011