Archive for the ‘Economy’ Category

India’s Indebted Tycoons – Debt Bombs

Wednesday, September 17th, 2014

Raghuram-Rajan-India-Central-Bank
India’s big companies are super indebted, and that bubble may pop soon.

Have a read:
http://www.ft.com/intl/cms/s/0/def22ca4-3d76-11e4-8797-00144feabdc0.html#axzz3DbN3Mqyd

If link doesn’t work try: http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&uact=8&ved=0CCoQFjAC&url=http%3A%2F%2Ffinance.yahoo.com%2Fnews%2Fprovider-financial-times%2F&ei=598ZVMGTGKv4igLFuYD4DQ&usg=AFQjCNEYMyqRR7Flx-OoaXPOF6A4TffrnA&bvm=bv.75097201,d.cGE

Why Troy Gayeski Is Calling for a Correction

Tuesday, September 16th, 2014


Listen to how the blonde Bloomberg lady pump up the fake data.
Job market strong? Really?

Gayeski is right though, in the near-term there is going to be a correction, and it looks like he didn’t want to argue against Bloomberg news anchors, because they always have to push the “Bullish” card.

Could Scottish Independence Impact U.S. Equities?

Tuesday, September 16th, 2014

Marc Faber: McDonald’s Tells Us Why the Market will Collapse

Tuesday, September 16th, 2014

Jobless Claims Higher: Surpass 300,000 – There Was Never a Job Recovery

Tuesday, September 16th, 2014

US middle class ’still in recession’ – Bad Jobs Report: Pro

Friday, September 5th, 2014

The Dying American Dream, Illustrated using Legos – Bad Upward Mobility

Wednesday, September 3rd, 2014


From a Canadian point of view, America has always been a country where you are judged by your skin color, net worth, college, occupation and pedigree (family blood line).

In Canada , it is still present but there is less of this type of judgement. In my 40 plus years in Toronto, I’ve seen a lot of people move from the bottom to upper middle class jobs…I think is less possible in the U.S.A.

Everything is expensive. U.S. Stocks Are Hitting Records

Monday, September 1st, 2014

What Canada Can Learn from Ireland’s Housing Crash – It’s Coming

Sunday, August 17th, 2014

Ireland-housing-crash

The Canadian housing market is mirroring the steps Ireland housing crash, and within the next 5 years there is going to be lots of pain.

http://www.bnn.ca/News/2014/7/29/Canada-should-learn-from-Irelands-housing-crash-Analysis-.aspx

CNBC Santelli – Debt Is NOT Income or Wealth – Americans Have It Wrong

Thursday, July 10th, 2014


Remember the last time around when the debt bubble burst with subprime mortgage loans the “debt to income” ratio was nearing 200%, I think we are nearing 165% in parts of North America. Watch out we are close to another debt bubble bursting. This time around it is student loans and sub-prime auto loans.

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Puerto Rico downgraded 3 notches to B2 – Ouch!

Tuesday, July 1st, 2014

Puerto-Rico-bonds-downgraded-3-notches-Moody
Puerto Rico an American colony has just got their bonds/debts downgraded 3 notches to B2, below investment grade, which is a nice way to call it junk bonds. Wonderin’ when United States Treasuries/Bonds will follow.

http://www.marketwatch.com/story/puerto-rico-downgraded-3-notches-to-b2-moodys-2014-07-01