Denmark’s house prices fall

As the first bubble economy to hit the skids and officially fall into recession, tiny Denmark deserves a mention. Statistics Denmark has released figures showing that house prices are falling in Denmark, which joins an ever-increasing group…

The Cold War redux

Recently, I have become very concerned about the deteriorating geopolitical situation and its likely effects on the global economy. The Georgia-Russia situation produced a response from the U.S. to defend Poland with a missile shield,…

Personality type may decide elections

Voters in America are concrete, specific, and focused on the here and now by a margin of 3 to 1. To me, this has a real impact on the outcome of primary and Presidential races as candidates must speak in a way that resonates with those…

Blog admin: graphs, feeds and amazon

Hi everyone. Just a little admin here. Graphs and charts You probably noticed in my posts on U.S. jobless claims and inflation that my graphs were looking MUCH improved. Well, I have been reading Tim Iacono's site and have always…

Cognitive dissonance

In psychology, cognitive dissonance is an uncomfortable feeling or stress caused by holding two contradictory ideas simultaneously. The theory of cognitive dissonance proposes that people have a fundamental cognitive drive to reduce this…

US jobless claims look grim

US Jobless claims came out again today as they do every Thursday at 8.30AM. The numbers were not good, and give a clear indication of why the Fed will not cut rates in the face of 5.6% inflation. Initial claims came in at 450,000, moving…

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