Tag Archives: Bank of England
Choosing to ignore the largest risks
by Adam Taggart
Sunday, March 29, 2015, 4:20 PM
The models we use for decision making determine the outcomes we experience. So, if our models are faulty or flawed, we make bad decisions and suffer bad outcomes.
Professor, author and deflationist Steve Keen joins us this week to discuss the broken models our central planners are using to chart the future of the world economy.
A cautionary reminder of where we are in this story
by Adam Taggart
Monday, January 19, 2015, 5:06 AM
Sometimes it pays to step way back and look at things from a high level.
In response to the 2008 crisis, the world's major central banks pumped an unprecedented amount of monetary stimulus into the system — all in the name of kick starting enough economic growth to pull the planet out of its fundamental sinkhole of Too Much Debt.
More than six years and over $4 trillion later, what exactly can we say it did for us?
Not enough, as the following short video summarizes.
BlogDaniel Kaesler | Dreamstime.com
Mistaking illusion for lasting success
Thursday, January 15, 2015, 3:50 PM
As counter-intuitive as it may sound, success rather reliably leads to failure and destabilization.
In the macro-economic arena, I think it highly likely that the monetary and fiscal policies of the past six years that are conventionally viewed as successful will lead to spectacular political and financial failures in 2015 and 2016.
Blowing bubbles blindly
by Chris Martenson
Monday, May 19, 2014, 9:42 PM
One of the enduring mysteries about humans is their often startling ability to fail to learn from experience.
This is especially obvious when people are operating in groups; and never more certain than when we are talking about a bureaucratic, sclerotic institution.
Daily DigestImage by j.o.h.n. walker, Flickr Creative Commons
Wednesday, March 6, 2013, 3:47 PM
- The Greek Catastrophe: Three Generations of Greek Workers
- Public authorities rack up nearly $250 billion in debt
- European Shares at Multi-Year Highs on Stimulus Hopes
- Analysis – Older French face slow squeeze in pension reform
- U.S. Tells G-7 to Avoid Currency Intervention Except Rare Cases
- China's Ghost Towns: Deserted Cities Raise Fears of Debt Crisis
- Food banks are thriving, much to the government's embarrassment
- Egypt’s fuel shortages demonstrate perfect storm of economic pressures
- Revealed: The shocking true scale of food poverty
- Report: Record 50,000 homeless now in NYC
- Images of Japan's barren tsunami coast 2 years on
- College could cost over $300k in 10 years
- Wall Street selling junk bonds at record pace
- Why America's middle class is losing ground
- Gross Says Yen to Weaken to 100 Per Dollar on QE Concern
- Comedy Central (3:00 blunders)
- Chávez turns to Russians in gold venture
- Country Default Risk Continues Its Rise
- Country Default Risk Chart
- Europe’s banks face a $2 trillion dollar shortage
- UK: BoE Cuts Rate to 0.5%, Begins Quantitative Easing
- Ukraine’s Tymoshenko warns of a new Iron Curtain
- Venezuela’s Chavez tightens state control of food amid rocketing inflation & food shortages
- Stock doom and gold boom (H/T CP)
- Citi Breaks the Buck
- Warren Buffett Insights