2011

Warren Mosler argues that either way the debt ceiling debate goes, the economy remains vulnerable to looming external shocks. And that is bullish for bonds.

Officials from Japan and Switzerland have stepped up their rhetoric protesting the price action that has propelled their respective currencies sharply higher. Contrary to market anxiety the risk of intervention remains low and lower for the…

If Cantor doesn’t fold his hand, it will be a political disaster for him and his party and economic disaster for the global economy.

There will be no stimulus unless the economy and/or asset markets deteriorate further.

In this interview with Real News Network, Michael Hudson argues that opportunists are using this debt crisis as a grab bag to strip the state of its assets and collect those rents for their own private wealth accumulation. He says what’s…

What happens on August 3rd if no debt ceiling negotiation is reached in the US. This column argues that Treasury could go around, not over the debt ceiling limit by using its constitutional authority to mint money.

These questions sound like Congress thinks the US will be the next Greece. And that makes them likely to turn the US into the next Japan. The Congressmen almost never ask questions. They are statements posed as questions to get Bernanke to…

Rather than just send you to the link of Chairman Bernanke’s prepared remarks, I have coopied it hear and underlined the part you should pay attention to

If you want the macro view, this is a good book from DoubleLine's Jeffrey Gundlach that covers the macro data plus a lot more.

The Fed could do a number of things: rate easing, municipal easing, inflation targeting, nominal GDP targeting. It is just that “the forward-looking cost-benefit analysis has shifted away from the potential benefits and towards greater…